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Hexcel Sales Up 10% in 3Q18

Hexcel Corp., Stamford, Conn., (NYSE:HXL) reported third-quarter 2018 sales of $540.5 million, up 10 percent from the third quarter 2017. Profit was $80.1 million, up 14.9 percent over 2017.

Total Industrial sales of $77 million in the third quarter were up 37 percent compared to the third quarter of 2017.

Commercial Aerospace sales of $1,139.6 million increased 8.4 percent in constant currency compared to the first nine months of 2017. 

Space & Defense sales of $90.4 million increased 9.3 percent for the quarter as compared to the third quarter of 2017.

Year-to-date sales were $1.6 billion, up 11.4 percent over 2017. Profit year-to-date was $210.5 million, up 7.5 percent over the same period last year.

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