HXL News and Press, Hexcel Corporation From 11/18/20

Suppliers are joining the Boeing rally this morning, with shares of the planemaker up 6.5% in premarket trade, after the FAA lifted the U.S. grounding of the 737 MAX.On the move: Triumph Group (TGI) +9.1%, Spirit AeroSystems (SPR) +6.6%, Astronics Luminescent Systems ([[ATRO]] +5.5%), Howmet ...

Despite past efforts to improve the cost structure and diversify the business, aerospace demand is driving this business, leading to weaker than expected FQ1 revenue and margins. Aero is going to need a couple of more quarters to bottom out, but vehicle, power, and medical demand shou...

It's the day Boeing (BA) has been waiting for after nearly two years of scrutiny, corporate upheaval and a standoff with global regulators.FAA Administrator Steve Dickson is expected to sign an order today lifting the flight ban on the 737 MAX - once Boeing's hottest-selling jet - as well as ...

Hexcel ([[HXL]] +9.4%) pops to its highest in three months following a report from Street Insider that Solvay (SOLVY) is in talks to acquire the company.The parties are in discussions which may lead to a deal, according to the report. For further details see: Hexcel in takeover talks wi...

Aerospace names are taking to the skies after Pfizer/BioNTech reported a 90% effective rate for its COVID-19 vaccine this morning.Commercial aviation has been battered by the coronavirus pandemic, but investors finally see a future where that may not be the reality.On the move: Airbus ([[EADS...

The S&P 500 has dropped 8% in the last three weeks. It seems that investors want to reduce their risk going into the election. Regency Centers (REG), Douglas Emmett (DEI), Hexcel (HXL), and ViaSat (VSAT) were four stocks downgraded that investors should avoid. Down markets are never e...

This has not been an easy year for Boeing (NYSE: BA) or aerospace composite technology company Hexcel (NYSE: HXL) . Both companies have heavy exposure to commercial aviation, and the devastation wrought on that industry by the COVID-19 pandemic has significantly scaled back ...

The following slide deck was published by Hexcel Corporation in conjunction with their 2020 Q3 earnings call. For further details see: Hexcel Corporation 2020 Q3 - Results - Earnings Call Presentation

Hexcel posted a steep decline in revenue and profits (and big misses relative to sell-side expectations), as customer destocking magnified significant current demand weakness. With high fixed leverage, Hexcel is seeing significant decremental margins, and I expect management to look t...

Hexcel Corporation (HXL) Q3 2020 Earnings Conference Call October 20, 2020 10:00 AM ET Company Participants Patrick Winterlich - CFO Nick Stanage - Chairman, President and CEO Kurt Goddard - VP, IR Conference Call Participants David Strauss - Barclays Robert Spingarn - Credit Suisse Ken Herbe...