earnings
confidence high
sentiment negative
materiality 0.80
Hexcel Q1 sales down 3.3% to $457M; cuts 2025 guidance on A350 delays
HEXCEL CORP /DE/
- GAAP diluted EPS $0.35 vs $0.43 a year ago; adjusted EPS $0.37 vs $0.44.
- Commercial Aerospace sales fell 6.4% to $280M; Defense, Space & Other up 2.0% to $176M.
- 2025 guidance lowered: sales $1.88B-$1.95B (from $1.95B-$2.05B), adj EPS $1.85-$2.05 (from $2.05-$2.25), FCF ~$190M.
- Repurchased $50M of stock in Q1, refinanced $300M fixed-rate debt, maintains $0.17 quarterly dividend.
- Management cites continued supply-chain delays, especially on Airbus A350, as reason for slower growth.