|Dec 05, 2016||Hexcel Invests in Carbon Fiber Recycling Leader, Expands Strategic Portfolio Investments|
|STAMFORD, Conn., Dec. 05, 2016 (GLOBE NEWSWIRE) -- Hexcel Corporation (NYSE:HXL) announced today that it has made a strategic investment in Carbon Conversions Incorporated (CCI). 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.
CCI reclaims carbon fiber from dry, wet, and cured structures and incorporates reclaimed carbon fibers in advanced mate... |
|Oct 19, 2016||Q3 2016 Net Sales by Segment and Market|
|Oct 19, 2016||Hexcel Reports Strong 2016 Third Quarter Results|
|GAAP diluted EPS was $0.72, including $0.07 of discrete tax benefits.
Adjusted diluted EPS of $0.65 was 18.2% higher than prior year diluted EPS of $0.55.
Sales of $500.5 million were 11.5% higher than last year (11.9% in constant currency), driven by Commercial Aerospace (up 15.1% in constant currency).
Operating income was $89.1 million, 17.8% of sales, as compared to $78.0 million, 17.4% of sales in 2015.
Free cash flow for the first nine months of 2016 is a source of $... |