Hexcel Corporation (HXL) Declares $0.10 Quarterly Dividend; 1% Yield

Go back to Hexcel Corporation (HXL) Declares $0.10 Quarterly Dividend; 1% Yield

Hexcel Corporation (HXL) Updates Guidance, Initiates Dividend

January 12, 2015 5:24 PM EST

Expects 2015 diluted EPS of $2.26 - $2.38 on sales of $1.9 - $2.0 billionInitiates quarterly dividend of $0.10 per shareProvides 2020 Vision:$3 billion of sales by 2020Double EPS to $4.50 per share by 202025% Operating Income leverage on incremental sales starting 2015$1 billion of free cash flow over next 5 yearsEstimates 2014 sales of $1,855 million and adjusted diluted EPS of $2.16 (unaudited)

Hexcel Corporation (NYSE: HXL) today provided its guidance for 2015, issued preliminary unaudited estimates for 2014 sales and adjusted EPS, initiated a quarterly dividend and provided its 2020 vision.

2015 Guidance

In summarizing the Companys... More