22 April 2014
Hexcel Corp. (NYSE: HXL) said its first quarter 2014 net sales during the quarter were USD461.7m, 10.9 percent higher than the USD416.5m reported for the first quarter of 2013.
Operating income for the period was USD74.6m, compared to USD63.0m last year. Net income for the first quarter of 2014 was USD50.1m, or USD0.50 per diluted share, compared to USD43.6m or USD0.43 per diluted share in 2013.
Hexcel is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures, used in commercial aerospace, space and defense and industrial applications such as wind turbine blades.