HXL - Hexcel Corporation (HXL) Q2 2024 Earnings Call Transcript

2024-07-18 15:56:03 ET

Hexcel Corporation (HXL)

Q2 2024 Earnings Conference Call

July 18, 2024 10:00 AM ET

Company Participants

Patrick Winterlich - CFO

Thomas Gentile - CEO, President & Director

Conference Call Participants

Sheila Kahyaoglu - Jefferies

Myles Walton - Wolfe Research

Guatam Khanna - TD Cowen

Bert Subin - Stifel

Matthew Akers - Wells Fargo

John McNulty - BMO Capital Markets

Gavin Parsons - UBS

Scott Mikus - Melius Research

Peter Skibitski - Alembic Global Advisors

Michael Ciarmoli - Truist Securities

Richard Safran - Seaport Research Partners

Noah Poponak - Goldman Sachs

Steve Strackhouse - RBC Capital Markets

Presentation

Operator

Thank you for standing by, and welcome to the Hexcel Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. [Operator Instructions]

I'd now like to turn the call over to Patrick Winterlich, Chief Financial Officer. You may begin.

Patrick Winterlich

Thank you, Rob. Good morning everyone. Welcome to Hexcel Corporation's Second Quarter 2024 Earnings Conference Call. Before beginning, let me cover the formalities.

I want to remind everyone about the Safe Harbor provisions related to any forward-looking statements we may make during the course of this call. Certain statements contained in this call may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. They involve estimates, assumptions, judgments and uncertainties caused by a variety of factors that could cause future actual results or outcomes to differ materially from our forward-looking statements today. Such factors are detailed in the company's SEC filings and earnings release. A replay of this call will be available on the Investor Relations page of our website. Lastly, this call is being recorded by Hexcel Corporation and is copyrighted material. It cannot be recorded or rebroadcast without our express permission. Your participation on this call constitutes your consent to that request.

With me today are Tom Gentile, our CEO and President; and Kurt Goddard, our Vice President of Investor Relations. The purpose of the call is to review our second quarter 2024 results detailed in our news release issued earlier this morning.

Now let me turn the call over to Tom.

Thomas Gentile

Thanks, Patrick. Good morning everyone, and thank you for joining us today as we share our 2024 second quarter results. I'm excited to be succeeding Nick Stanage as CEO and President of Hexcel and participating in my first Hexcel earnings call. Nick had a very strong tenure as CEO over the last 10 years and position the company for future leadership....

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