other material
confidence high
sentiment positive
materiality 0.75
Hexcel targets 10-12% sales CAGR through 2026; approves additional $300M buyback
HEXCEL CORP /DE/
- Total sales CAGR 10-12% (2024-2026); Commercial Aerospace 12-16%, Space & Defense 5-10%, Industrial 3-6%.
- Adjusted diluted EPS CAGR >25%; cumulative adjusted EBITDA >$1.5B; free cash flow >$800M.
- Board approved $300M share repurchase program; $65M purchased YTD through Feb 16.
- Capital expenditures expected below $100M per year for 2024-2026.