{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-014100","form_type":"8-K","ticker":"HXL","cik":"0000717605","company_name":"HEXCEL CORP /DE/","filed_at":"2023-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.039675+00:00","generated_at":"2026-06-16T19:57:41.447329+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hexcel Q1 2023: Sales up 17.2% to $458M, adjusted EPS $0.50 vs $0.22 YoY, guidance reaffirmed","bullets":["GAAP diluted EPS $0.50 vs $0.21 YoY; adjusted diluted EPS $0.50 vs $0.22; operating income $62.8M (13.8% margin) vs $30.1M (8.0%) YoY.","Commercial Aerospace sales $284.5M (+30% YoY) led by A350 and A320neo; Space & Defense $126.2M (+6.8%); Industrial $47.0M (-12.1%) on lower wind energy.","Gross margin improved to 27.9% from 22.2% on volume leverage and favorable mix; free cash flow ($41.5)M vs ($39.9)M YoY.","Board declared $0.125/share dividend payable May 12, record May 5; no share repurchases in Q1; remaining authorization $217M.","Full year 2023 guidance reaffirmed: sales $1.725B-$1.825B, adjusted EPS $1.70-$1.90, free cash flow >$140M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-014100","json":"https://secwatch.observer/filing/0000950170-23-014100.json","markdown":"https://secwatch.observer/filing/0000950170-23-014100.md","text":"https://secwatch.observer/filing/0000950170-23-014100.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/717605/000095017023014100/0000950170-23-014100-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/717605/000095017023014100/hxl-20230424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T19:57:41.447329+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fcf31003dbe29a855ab836b9f6dd8be201f4e9e9","claim":"HEXCEL CORP /DE/ reported fiscal quarter ended March 31, 2023 results: revenue $458 million, EPS $0.50. Guidance reaffirmed.","evidence_excerpt":"On April 24, 2023 Hexcel Corporation (the “Company”) issued a press release in which the Company announced its financial results for its fiscal quarter ended March 31, 2023. A copy of this earnings press release is being furnished as Exhibit 99.1 and is incorporated herein by reference. Section 7 – Regulation FD --- EX-99 (EX-99.1) --- EX-99 Hexcel Corporation Two Stamford Plaza | 281 Tresser Blvd., 16 th Floor Stamford, CT 06901 USA www.hexcel.com Exhibit 99.1 HEXCEL REPORTS 2023 FIRST QUARTER RESULTS • Q1 2023 GAAP diluted EPS of $0.50 compared to Q1 2022 GAAP diluted EPS of $0.21. • Q1 2023 adjusted diluted EPS of $0.50, compared to Q1 2022 adjusted diluted EPS of $0.22 • Q1 2023 Sales were $458 million, an increase of 17.2% over Q1 2022 sales of $391 million (18.0% increase in constant currency). • Full year 2023 guidance is reaffirmed.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/717605/000095017023014100/0000950170-23-014100-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal quarter ended March 31, 2023"},{"label":"Revenue","value":"$458 million"},{"label":"EPS","value":"$0.50"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}