Hexcel Corp. (HXL) Declares $0.10 Quarterly Dividend; 0.9% Yield

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Hexcel Reports Strong 2015 Third Quarter Results

October 19, 2015 4:16 PM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- Regulatory News:

Sales of $448.8 million were 2.1% higher than last year in constant currency. New Commercial Aerospace programs remain on track and Commercial Aerospace sales were 7.4% higher than last year in constant currency. Operating income was $78.0 million, 17.4% of sales, as compared to $79.0 million, 17.5% of sales in 2014. Diluted EPS of $0.55 versus prior year diluted EPS of $0.57. Board authorizes $250 million of additional share repurchases, after repurchasing $100 million of shares during quarter.

See Table C for reconciliation of GAAP and non-GAAP operating income, net income and earnings per share

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