Hexcel Reports 2024 First Quarter Results

Hexcel Reports 2024 First Quarter Results

STAMFORD, Conn.–(BUSINESS WIRE)– Hexcel Corporation (NYSE: HXL):

– Q1 2024 GAAP diluted EPS of $0.43 compared to Q1 2023 GAAP diluted EPS of $0.50.
– Q1 2024 adjusted diluted EPS of $0.44, compared to Q1 2023 adjusted diluted EPS of $0.50.
– Q1 2024 Sales were $472 million, an increase of 3.2% over Q1 2023 sales of $458 million (3.1% increase in constant currency).
– Returned $113 million in Q1 2024 to stockholders via share repurchases and dividends.
– Full year 2024 guidance is reaffirmed.

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