Need Help? (888) 742-5060

In The News:

Hexcel Sales Up 11.2% in 2Q

Hexcel Corp. (NYSE: HXL), Stamford, CT, reported sales for the second quarter of $470.1 million, an 11.2 percent increase over the same period a year ago. Profit increased 4.3 percent to $50.6 million.

For the first six months, sales were $931.8 million, up 11 percent over the same period one year ago.

Industrial sales were $69.8 million for the second quarter of 2014, up 24.9 over the second quarter of 2013.

Commercial aerospace sales of $308.2 million increased 14.1 percent for the quarter over the second quarter of 2013.

Space and defense sales of $92.1 million decreased 4.8 percent for the quarter as compared to second quarter of 2013.

“Based on our customers’ forecasted buildrates, we remain on-track to achieve our mid-term goal of $2.5 billion in sales by the end of 2017,” said Nick Stanage, CEO & president.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center