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Jun 30, 2021
Hexcel Q2 2021 Earnings Report
Hexcel reported a positive quarter with sales in line with expectations and solid margin performance.
Key Takeaways
Hexcel Corporation reported second quarter 2021 results with net sales of $320 million and adjusted diluted EPS of $0.08 per share. The company is beginning to return to top line growth and delivered solid margin performance supported by favorable mix from higher fiber sales and planned reductions in overhead cost.
Q2 2021 GAAP diluted EPS of $0.03 and adjusted diluted EPS of $0.08.
Q2 2021 Sales were $320 million.
Free Cash Flow YTD of $30 million.
Commercial Aerospace sales decreased 24.6% compared to the second quarter of 2020.
Hexcel
Hexcel
Hexcel Revenue by Segment
Forward Guidance
The Company continues to withhold financial guidance due to continuing market uncertainties arising from the global pandemic.