The 2020 Mid-Year Economic Update_long

Hexcel’s Q4 Sales Up 10%

Company reports strong 2018, as full-year sales hit $2.19 billion.

Hexcel Corp., Stamford, Conn., (NYSE:HXL) reported fourth-quarter and year-end 2018 results for the period ended December 31, 2018.

The company reported fourth-quarter sales of $561 million, up nearly 10 percent over the year-ago period, and profit of $66.1 million. Fourth-quarter sales in the company’s industrial segment grew nearly 44 percent to $77.9 million, the company said.

The company reported full-year sales of $2.19 billion, up 11 percent compared to 2017. Full-year industrial segment sales were $294.2 million, up 29 percent compared to the year-ago period.

“… Our markets continue to strengthen in all areas, as underscored by full year sales and adjusted diluted EPS increases of 11% and 14% respectively, reflecting our continued focus on innovation and execution. Importantly, our team delivered productivity and efficiency improvements across the business, which mitigated some of the unexpected headwinds we encountered throughout the year,” Chairman, CEO and President Nick Stanage said in a statement announcing the results.


Related Posts

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.