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HXL - Hexcel Corp: Waiting In The Wings For A Recovery In Aircraft Production
Hexcel Corporation
Hexcel reported Q4 earnings which continued to be impacted by weak demand from commercial aircraft manufacturers given the challenging environment due to the pandemic.
Financial conditions remain stable as the company was able to generate positive free cash flow and favorably reduce its debt level.
The company is well-positioned to emerge stronger as the industry recovers and maintains a positive long-term outlook.