Hexcel Corporation (HXL) Declares $0.10 Quarterly Dividend; 1% Yield
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Hexcel Corporation (HXL) Updates Guidance, Initiates Dividend
January 12, 2015 5:24 PM ESTExpects 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

