Hexcel corporation news. Hexcel acquired a 50% interest in the privately-owned company in December 2014 . Chief Executive Officer Comments Mr. 33 per share. Hexcel held a grand opening and ribbon cutting on March 22 for its new Center of Research & Technology (R&T Oct 9, 2014 · Oct. Hexcel is a leading producer of carbon fiber reinforcements and resin systems, and the world leader in honeycomb manufacturing for the commercial aerospace industry. He was appointed to the Board of Directors following the annual shareholder meeting on May 2. Chairman, CEO and President Nick Stanage said, “Year-over-year third quarter sales increased 15% reflecting the continued robust growth in Commercial Aerospace and Business Jets along with Tom Gentile became Chief Executive Officer & President of Hexcel Corporation effective May 1. The Company continues to withhold financial guidance due to the market uncertainties arising from the global pandemic. Please note that any opinions, estimates or forecasts regarding Hexcel Corporation's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Hexcel Corporation or its management. Hexcel Corporation (NYSE: HXL) today reported first quarter 2022 results including net sales of $391 million and adjusted diluted EPS of $0. 40 per share. -- (BUSINESS WIRE)-- Hexcel Corporation (NYSE: HXL) announced today that following a comprehensive succession process, its Board of Directors has appointed Thomas C. Hachey, 59, recently retired from Bombardier, Inc. We propel the At Hexcel Corporation, we promise to treat your data with respect and will not share your information with any third party. We propel the future of flight, energy generation, transportation, and recreation through excellence in providing innovative high-performance material solutions that are lighter, stronger and tougher, helping to create a better world for us all. 0. ET, on January 26, 2021 to discuss fourth quarter and full-year 2020 results. Jul. 15 per share on the common stock of Hexcel, payable to stockholders of record as of February 9, 2024, with a payment date of February 16, 2024. I am excited to work with Nick, the Board and the management team and to continue the impressive momentum underway at Hexcel. | As a leading producer of Hexcel Corporation (NYSE: HXL), a leading manufacturer of advanced composite materials, and Web Industries, a leader in custom manufacturing and development services for flexible materials, are pleased to announce the signing of a long-term Supply Agreement under which Web Industries will convert Hexcel’s HexPly® carbon fiber prepreg into slit tape for Aerospace programs, including the Oct 13, 2016 · Contracts expected to generate sales of $15 billion Hexcel Corporation (NYSE:HXL) today announced that two key contracts to supply advanced composites to Airbus Group have been amended. Lee, has been diagnosed with cancer and is stepping down as chief executive officer to pursue a course of medical treatment prescribed by his physicians. 125 per share on the common stock of Hexcel, payable to stockholders of record as of November 3, 2023, with a payment date of November 13, 2023. Hexcel Purpose & Values; Hexcel Corporation 281 Tresser Blvd. Key markets are commercial aerospace, space and defense, and industrial which includes wind turbines, automobiles and recreational equipment. Stanage is appointed President & Chief Executive Officer of Hexcel Corporation and will join the Board of Directors. The plant converts HexWeb® honeycomb materials into engineered core parts that are used for structural reinforcement and light weighting in aerospace applications, including aircraft structures Latest News. By embracing these elements and leveraging our innovative, diverse spirit we Oct 30, 2017 · Hexcel Corporation (NYSE:HXL) announced today that its existing contract with UTC Aerospace Systems’ Aerostructures business to supply advanced composites for various commercial aerospace programs has been extended through 2030. David Berges, summarizing Hexcel's prospects, commented, "For 2008 we see the continuation of growth in all of our core markets and an increasing significance of Airbus A380 and Boeing 787 sales. -- (BUSINESS WIRE)--April 27, 2001--Hexcel Corporation (NYSE/PCX: HXL) today announced that its chairman and chief executive officer, John J. Feb 20, 2024 · At Hexcel Corporation, we promise to treat your data with respect and will not share your information with any third party. News Releases; Events; About Toggle About Submenu. Use the filters to view key leadership members by group. Hexcel Corporation is an American public industrial materials company, based in Stamford, Connecticut. Located in Leicester, UK, Formax is a leading manufacturer of composite reinforcements, specializing in the production of lightweight carbon fiber multi-axials and . hexcel . , March 15, 2022 – Hexcel Corporation (NYSE: HXL) hosted customers and public officials today at its manufacturing site in the Midparc Free Trade Zone in Casablanca as the company broke ground on an expansion that will double the size of its existing engineered core manufacturing operation in Morocco to meet increased demand from aerospace customers for lightweight advanced May 16, 2024 · A high-level overview of Hexcel Corporation (HXL) stock. , February 7, 2020 – Hexcel Corporation (NYSE: HXL) is collaborating with NaCa Systems, a Tier 1 supplier of natural fiber composite automotive interior parts, on the development of a lightweight carbon fiber prepreg and wood fiber composite sports car seat back using a rapid press molding process. ET, on October 20, 2020 to discuss third quarter 2020 results. Proxy Statement (definitive) Hexcel Corporation is pleased to announce the grand opening of a completed expansion at its engineered core operations plant in Morocco to meet the growing demand for lightweight advanced composite materials for the aerospace industry. Chairman, CEO and President Nick Stanage said, “First quarter results were negatively impacted primarily by the continued grounding of the Boeing 737 MAX and effects of the COVID-19 pandemic. TX 78155. We propel the Mar 15, 2022 · STAMFORD, Conn. View the full release here: https://www Jul 15, 2022 · About Hexcel. Jul 25, 2022 · Hexcel Corporation (NYSE: HXL) today reported second quarter 2022 results including net sales of $393 million and adjusted diluted EPS of $0. %. View History & Timeline. Hexcel was formed from the combination of California Reinforced Plastics (founded 1948), Ciba Composites (acquired 1995) and Hercules Composites Products 1913 N. 50 per share. com. Feb 21, 2024 · Hexcel (HXL) Company Description: Hexcel Corp. 6% in constant currency compared to 2018, with adjusted diluted EPS for the year coming in 16% above 2018 at $3. Select from the filter buttons below to view key leadership members by group. Nick Stanage, Chairman, Chief Executive Officer and President of Hexcel said, “Like many companies May 13, 2021 · Salt Lake City, Utah (May 13, 2021) -- The Utah Governor’s Office of Economic Development (GOED) is pleased to announce that Hexcel Corporation will build a flagship Center of Excellence for Research & Technology (R&T) to support next-generation developments in advanced composites technologies in Utah, adding up to 150 new high-paying jobs in Apr 24, 2024 · In this article: HXL. December 5, 2016. ***** Hexcel will host a conference call at 10:00 a. Running from 19 to 23 June, the 54 th edition of the Paris show will see Hexcel showcase new material technologies alongside a broad range of high-performance lightweight Oct 25, 2023 · Goodbye. Gentile III as Chief Executive Officer & President of Hexcel Corporation, effective May 1. Presentation. Mar 23, 2023. It has been an incredible Jan 24, 2024 · Hexcel Corporation (NYSE: HXL) announced today that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0. The event can Jan 25, 2023 · Hexcel Corporation (NYSE: HXL) today reported fourth quarter 2022 results including net sales of $429 million and adjusted diluted EPS of $0. , 16th Floor Stamford Jun 19, 2023 · Hexcel Corporation (NYSE: HXL) will continue to celebrate its 75th anniversary and highlight its latest developments for the aerospace market at the Paris Air Show 2023. He led a team of 20,000+ employees across 12 locations Apr 7, 2022 · About Hexcel. Chairman, CEO and President Nick Stanage said, “Our relentless focus on execution and growing demand drove an 18% increase in sales, and we delivered adjusted operating income that was more Get the latest Hexcel Corp (HXL) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 86 of diluted EPS and $172 million of free cash flow. May 9, 2024 · Get Hexcel Corp (HXL. Hexcel expects these contracts to generate total sales of $15 billion for the duration of the contract. Apr 6, 2020 · Woodward, Inc. 38 per share. S. The event can also be Hexcel Corporation Common Stock (HXL) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. The event will be webcast via the Investor Relations webpage at www. Hexcel Corporation (NYSE: HXL) today reported third quarter 2019 results including net sales of $572. Hexcel. This press release features multimedia. Apr 15, 2024 · According to Earningswhispers. $1. 05/21/2024 View all News. -- Hexcel Corporation (NYSE:HXL) (Paris:HXL) today announced that, effective August 1, 2013, Mr. Hexcel Corporation (NYSE: HXL), a global leader in advanced lightweight composites technology, announced today its longer-term financial outlook during the Company’s Investor Day held in New York City. Prior to News Toggle News Submenu. Hexcel Corporation (NYSE:HXL) Q3 2023 Earnings Call Transcript October 24, 2023 Operator: Good morning, ladies and gentlemen. News Release 02/13/2023 Hexcel Joins Boeing in Celebrating the Final Delivery of the 747, the “Queen of the Skies” After more than 54 years in production with 1,574 aircraft built, the final Boeing 747 was delivered to Atlas Airlines on January 31. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. 9, 2014- Hexcel Corporation (NYSE:HXL)(BOURSE:HXL) today announced that Mr. Under the terms of the multi-year agreement, Hexcel will supply Vestas with advanced prepreg (glass fiber-reinforced resin systems) manufactured at Hexcel plants in Neumarkt (Austria), Windsor (Colorado, USA Apr 27, 2001 · Apr 27, 2001. Chairman, CEO and President Nick Stanage said, "Strong first quarter results demonstrate our continued ability to execute and deliver, as we benefit from a steady recovery in Oct 23, 2023 · Hexcel Corporation (NYSE: HXL) announced today that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0. ET, on October 25, 2022 to discuss third quarter 2022 results. The Latest News from Hexcel. Jul 26, 2021 · Hexcel Corporation (NYSE: HXL) today reported second quarter 2021 results including net sales of $320 million and adjusted diluted EPS of $0. Berges is appointed Executive Chairman of the Board until his retirement on Apr 6, 2020 · Company Maintains a Strong Balance Sheet and Liquidity Position Limited Duration Shareholder Rights Plan Adopted Hexcel Corporation (NYSE: HXL) today announced a number of actions it is taking in response to the global coronavirus (COVID-19) pandemic and the related impact on its business. where he served as President & Chief Operating Officer of Bombardier Aerospace, a $10 billion division of the company. 5 million and adjusted diluted EPS of $0. Hexcel is the leading manufacturer of carbon fiber with more than 50 years of experience and the most qualified positions on aerospace programs. January 25, 2024 10:00 AM ET. 10 per share on the common stock of Hexcel, payable to stockholders of record as of November 4, 2022, with a payment date of November 14, 2022. Analyst Gautam Khanna from TD Cowen maintained a Hold rating on the stock and has a May 22, 2024 · Sustainability. About Hexcel Hexcel Corporation is a global leader in advanced lightweight composites technology. July 22, 2013. 64 per share. Leadership. 85B. Hexcel Corporation today announced an expansion at its existing engineered core facility in Casablanca, Morocco at the Midparc Free Trade Zone Industrial Park that will double the size of the plant will lead to an increase in overall employment. , April 22, 2024--Hexcel Corporation (NYSE: HXL) announced One of the company's newest locations, Hexcel Casablanca manufactures engineered core at the MidParc Free Trade Zone Industrial Park in Morocco. The existing contract relating to Hexcel products supplied for commercial aircraft, helicopters, space and 6 days ago · See the latest Hexcel Corp stock price (HXL:XNYS), related news, valuation, dividends and more to help you make your investing decisions. The projected fair value for Hexcel is US$99. 50%. Investor Menu. STAMFORD, Conn. , 16th Floor Stamford, CT 06901, USA 203-969-0666 Feb 16, 2024 · Hexcel Corporation is a global leader in advanced lightweight composites technology. Jan 24, 2024. Sep 1, 2021 · September 1, 2021. 6, 2007-Hexcel Corporation (NYSE: HXL), today discussed its guidance for 2008 and outlook for the future. Hexcel expects the extension to generate total sales of more than $1 billion throughout its term. 04/09/2024 Tom Gentile Appointed CEO & President at Hexcel Corporation, Nick Stanage to Transition to Get the latest Hexcel Corporation (HXL) stock news and headlines to help you in your trading and investing decisions. The termination was approved by the Boards of Directors of both companies and is in response to the increasing impact Mar 5, 2024 · Hexcel Corporation has launched a new HexTow ® continuous carbon fiber – IM9 24K – providing the market with a lightweight, strong and durable carbon fiber with enhanced value for the world’s most advanced aerospace composite applications. View Hexcel Corporation HXL stock quote prices, financial information, real-time forecasts, and company news from CNN. Lee, suddenly succumbed to Jan. Shares of Hexcel plummeted 12% to $62. The event can also be accessed by dialing +1 (646) 960-0452. 9 million cash surplus returned to Hexcel and GAAP EPS impacted by a non-cash charge of $70. military applications. Hexcel has implemented a forward-thinking approach throughout its history of providing superior industrial materials. May 7, 2024 · Get Hexcel Corp (HXL) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments Jul 17, 2018 · Hexcel Corporation (NYSE:HXL) and Groupe Gazechim Composites, an official Hexcel distributor for more than 20 years, have reached agreement to provide customized kitting services for advanced composite materials sold to aerospace and defense customers and for high-performance industrial applications. Chairman, CEO and President Nick Stanage said, "We delivered the strongest sales quarter of the year as we managed to drive higher production levels to support the continuing robust recovery Oct 24, 2022 · Hexcel will host a conference call at 10:00 a. 05/21/2024 Hexcel Corporation 281 Tresser Blvd. $11. (HXL) stock price, news, historical charts, analyst ratings and financial information from WSJ. The conference ID is 3428143. Apr 20, 2020 · Hexcel Corporation (NYSE: HXL) today reported first quarter 2020 results including net sales of $541 million and adjusted diluted EPS of $0. Oct 12, 2021 · Hexcel Corporation (NYSE: HXL) hosted public officials, customers and local contractors today at its manufacturing site in West Valley City, Utah as the company broke ground on a flagship Center of Research Technology (RT) Excellence, supporting next-generation developments in advanced composites technologies. If you experience any issues with this process, please contact us for further assistance. King Street. This primary supply agreement is for carbon and glass prepreg Hexcel Corporation (NYSE: HXL) announced today that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0. A high-level overview of Hexcel Corporation (HXL) stock. engages in the development, manufacture, and market of advanced composite materials for the commercial aerospace, space and defense, and industrial May 13, 2021 · Bringing up to 150 new high-paying jobs in 12 years The Utah Governor’s Office of Economic Development (GOED) is pleased to announce that Hexcel Corporation will build a flagship Center of Excellence for Research Technology (RT) to support next-generation developments in advanced composites technologies in Utah, adding up to 150 new high-paying jobs in the next 12 years. ET, on July 28, 2020 to discuss second quarter 2020 results. Nick Stanage, Chairman, CEO and President said: “Hexcel delivered 90 cents of adjusted diluted EPS, or growth of 12. HexTow IM9 24K is an intermediate modulus (IM) fiber of 24,000 filaments with an average tow Latest investing news. -- (BUSINESS WIRE)-- Hexcel Corporation (NYSE: HXL): Strategic buy-out of UK defined benefit pension plan in Q4 2023. Nick L. The joint venture, named HexCut Services, brings together Hexcel – a leader in advanced Investors appeared to be unhappy with the news. Phone (830) 379-1580 Get Directions. View real-time stock prices and stock quotes for a full financial overview. 54. Revenue for the full year was $2,356 million, up 8. Board of Directors Committees of the Board Management Show All. 44 per share in earnings, with revenues expected to come in at $476. 22, 2013- Regulatory News : Hexcel Corporation (NYSE:HXL) (Paris:HXL) today announced that, effective August 1, 2013, Mr. 5 million. Hexcel Corporation is followed by the analysts listed above. Apr 9, 2024 · STAMFORD, Conn. 90. Hexcel Corporation is a global leader in advanced lightweight composites technology. Meet the teams that drive our innovation and success. 08 per share. DEF 14A. Hachey will serve on Hexcel’s Compensation Committee. Stanage concluded, “I am proud of all that we have accomplished at Hexcel, and I want to thank our One Hexcel team for their phenomenal support and commitment over the last 14 years. , 16th Floor Stamford Oct 16, 2017 · Hexcel Corporation (NYSE:HXL) announced today that it has expanded its existing supply agreement with Vestas Wind Systems A/S to provide composite materials for new generation wind blades. Chairman, CEO and President Nick Stanage said, “The second quarter demonstrated our continued ability to deliver solid results and to perform consistently in the face of supply chain Apr 24, 2023 · Hexcel Corporation (NYSE: HXL) today reported first quarter 2023 results including net sales of $458 million and adjusted diluted EPS of $0. 85 based on 2 Stage Free Cash Flow to Equity. We propel the Find the latest Hexcel Corporation (HXL) stock quote, history, news and other vital information to help you with your stock trading and investing. 10 dividend. Hexcel is committed to social and environmental responsibility through more sustainable production, clean and renewable energy, prioritizing worker safety and well-being, sustainable sourcing, and strict adherence to ethical, compliant business conduct. Data as of May 17, 2024 4:00 PM. Hexcel manufactures of a broad range of high performance carbon fibers for both aerospace and industrial applications and is the leading carbon fiber supplier to U. , 16th Floor Stamford 6 days ago · Analyst Coverage. We expect our fifth year in a row of double digit Mar 23, 2023 · SEC Filings Details. -(BUSINESS WIRE)-May 6, 2001-Hexcel Corporation (NYSE/PCX: HXL) today announced that its chairman and former chief executive officer, John J. During the event, Chairman, Chief Executive Officer and President Nick Stanage and Executive Vice President and Chief Financial Officer Patrick Winterlich will discuss the innovation and growth roadmap for Hexcel 6 days ago · Hexcel declares $0. HXL | Complete Hexcel Corp. stock news by MarketWatch. 20. , April 09, 2024 -- ( BUSINESS WIRE )--Hexcel Corporation (NYSE: HXL) announced today that following a comprehensive succession process, its Board of Directors has appointed Find the latest Hexcel Corporation (HXL) stock quote, history, news and other vital information to help you with your stock trading and investing. View the latest Hexcel Corp. (NASDAQ: WWD) and Hexcel Corporation (NYSE: HXL) today announced that the companies have mutually agreed to terminate their merger agreement, previously announced on January 12, 2020, under which the parties had agreed to combine in an all-stock merger of equals. United States. m. Sales in the second quarter were in line with Dec 6, 2007 · Dec. Apr 25, 2022 · 320. The Casablanca facility was built as part of Hexcel’s ongoing worldwide Chairman, CEO and President Nick Stanage said: “The fourth quarter of 2019 completed a strong year for Hexcel, returning $0. He also is expected to be appointed to the Board of Directors following Oct 23, 2023 · Hexcel Corporation (NYSE: HXL) today reported third quarter 2023 results including net sales of $420 million and adjusted diluted EPS of $0. Hexcel Corporation | 53,946 followers on LinkedIn. Hexcel is estimated to be 34% undervalued based on current share price of US$66. Mar 6, 2024 · Hexcel and Fairmat Bolster Sustainability Efforts by Expanding Composite Material Recycling in the United States Salt Lake City, UT, May 21, 2024 – Hexcel Corporation (NYSE: HXL) and Fairmat announced today a 10-year agreement to recycle carbon fiber Apr 9, 2024 · STAMFORD, Conn. Chairman, CEO and President Nick Stanage said: “Hexcel is benefitting from both cyclical growth as aircraft production rates increase to support strong demand, and from secular growth Jul 24, 2023 · Hexcel Corporation (NYSE: HXL) today reported second quarter 2023 results including net sales of $454 million and adjusted diluted EPS of $0. 5, 2016- Regulatory News: Hexcel Corporation (NYSE:HXL)(Paris:HXL) announced today that it has acquired full ownership of Formax UK Limited . Investor Relations / Investor News. From Roger Steele’s post-war laboratory in the basement of a suburban home, to the production of the lunar struts of the Apollo 11 lunar landing module, Hexcel has been synonymous with innovation. Apr 7, 2022 · About Hexcel. Hexcel Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of May 17, 2024 · Hexcel Corporation - Investor News. Chairman, CEO and President Nick Stanage said, “I am pleased to report a positive quarter for Hexcel as we begin to return to top line growth. View News details Jan 25, 2024 · Hexcel Fourth Quarter 2023 Earnings Call. Most recently, Tom was President and Chief Executive Officer at Spirit AeroSystems from 2016 – 2023. David E. 62 and were on pace for their largest one-day percent decrease in four years, according to Dow Jones Market Data. News Toggle News Submenu. 5% compared to the third quarter of 2018. Webcast. Chairman, CEO and President Nick Stanage said, “Hexcel’s second quarter demonstrated strong execution and delivered a 16% year-over-year increase in sales and a more than 50% increase in Hexcel Reports 2023 Fourth Quarter and Full Year Results. The event can also be accessed Website. Download this Press Release. He also is expected to be appointed to the Board of Directors following 2 days ago · 0. ” Mr. Berges is appointed Executive Chairman of the Board until his retirement on December 31, 2013, and then will provide advisory May 6, 2001 · In 1998, the company diversified its business portfolio by expanding its electronic materials business through the acquisition of the Clark-Schwebel business, the STAMFORD, Conn. Hexcel Corporation is pleased to announce the grand opening of a completed expansion at its engineered core operations plant in Morocco to meet the growing demand for lightweight advanced composite materials for the aerospace industry. N) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments Investor Overview. Seguin. A global leader in advanced composites technology, making a wide range of applications stronger, lighter, tougher. The investment creates a partnership between Hexcel – a global leader in manufacturing advanced composites and carbon fiber – and CCI – a recognized leader in carbon fiber recycling and repurposing. Welcome to the Hexcel Third Quarter 2023 Earnings Conference May 13, 2021 · Salt Lake City, Utah (May 13, 2021) -- The Utah Governor’s Office of Economic Development (GOED) is pleased to announce that Hexcel Corporation will build a flagship Center of Excellence for Research & Technology (R&T) to support next-generation developments in advanced composites technologies in Utah, adding up to 150 new high-paying jobs in Oct 19, 2020 · The Company continues to withhold financial guidance due to the market uncertainties arising from the global pandemic. com, Hexcel is expected to report Q1, 2024 earnings on April 22, and the consensus estimate is $0. Guy Hachey will be joining its Board of Directors effective immediately. The company develops and manufactures structural materials. Hexcel Corporation (NYSE: HXL) Q1 2024 Earnings Call Transcript April 23, 2024. Feb 20, 2024 · Hexcel (HXL – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Feb 13, 2024 · Hexcel Corporation (NYSE: HXL), a global leader in advanced lightweight composites technology, will be hosting an Investor Day on February 20, 2024, in New York City and via webcast. Mr. Oct 14, 2023 · Key Insights. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Hexcel Corporation announced today that it has made a strategic investment in Carbon Conversions Incorporated (CCI). Our February 7, 2020. 22 per share. wu ox zq sj nw ru kf wk zh vh