Hexcel Q4 2024 Earnings Report
Key Takeaways
Hexcel Corporation reported a 3.6% increase in net sales for the fourth quarter of 2024, reaching $474 million. The adjusted diluted EPS was $0.52, compared to $0.43 in the same quarter of the previous year. The company's commercial aerospace sector saw a 4% increase in sales, while the space and defense sector grew by 7.2%.
Q4 2024 sales increased to $474 million from $458 million in Q4 2023.
Q4 2024 GAAP diluted EPS was $0.07, compared to $(0.21) in Q4 2023.
Q4 2024 adjusted diluted EPS rose to $0.52 from $0.43 in Q4 2023.
The board declared a quarterly dividend of $0.17 per share, a 13% increase.
Hexcel
Hexcel
Forward Guidance
Hexcel provided 2025 guidance with sales expected to be $1.95 billion to $2.05 billion, adjusted diluted earnings per share of $2.05 to $2.25, and free cash flow greater than $220 million.
Positive Outlook
- Sales of $1.95 billion to $2.05 billion
- Adjusted diluted earnings per share of $2.05 to $2.25
- Free cash flow of greater than $220 million
- Capital Expenditures less than $100 million
- Effective tax rate of 21%