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Hexcel ( (HXL) ) has shared an update.
Hexcel Corporation reported strong financial results for 2024, with a 6% increase in sales driven by a 12% growth in commercial aerospace despite supply chain challenges. The company achieved a free cash flow of $203 million and increased its quarterly dividend by 13%. It also provided a positive outlook for 2025, expecting sales growth of 10% in commercial aerospace and forecasting cash generation to exceed $220 million. The company emphasized its commitment to operational excellence, innovation, and growth, including potential strategic acquisitions and enhanced production capabilities to meet increasing demand.
More about Hexcel
Hexcel Corporation operates in the advanced composite materials industry, focusing on products such as lightweight materials used primarily in aerospace, space & defense, and industrial markets.
YTD Price Performance: 10.78%
Average Trading Volume: 905,741
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $5.55B
Learn more about HXL stock on TipRanks’ Stock Analysis page.
