This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Hexcel Reports Strong 2013 Second Quarter Results

Stocks in this article: HXL

Regulatory News:

  Quarter Ended

June 30,

    Six Months Ended

June 30,

(In millions, except per share data)     2013     2012   % Change     2013     2012   % Change
Net Sales $ 422.6 $ 399.2 5.9% $ 839.1 $ 799.3 5.0%
Net sales change in constant currency 5.2% 4.6%
Operating Income 71.9 73.9 (2.7)% 134.9 134.5 0.3%
Net Income 48.5 48.0 1.0% 92.1 87.6 5.1%
Diluted net income per common share $ 0.48 $ 0.47 2.1% $ 0.90 $ 0.86 4.7%
Non-GAAP Measures for y-o-y comparisons:
Adjusted Operating Income (table C) $ 71.9 $ 64.4 11.6% $ 134.9 $ 125.0 7.9%
As a % of sales 17.0% 16.1% 16.1% 15.6%
Adjusted Net Income (table C) 49.1 42.7 15.0% 92.7 82.3 12.6%
Adjusted diluted net income per share   $ 0.48   $ 0.42   14.3%   $ 0.91   $ 0.81   12.3%

Hexcel Corporation (NYSE:HXL) (Paris:HXL), today reported results for the second quarter of 2013. Net sales during the quarter were $422.6 million, 5.9% higher than the $399.2 million reported for the second quarter of 2012. Operating income for the period was $71.9 million compared to $73.9 million last year ($64.4 million adjusted operating income, see Table C). Net income for the second quarter of 2013 was $48.5 million or $0.48 per diluted share, compared to $48.0 million or $0.47 per diluted share in 2012 ($0.42 per share as adjusted, see Table C).

1 of 8

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,814.94 -2.96 -0.02%
S&P 500 2,067.03 -2.38 -0.12%
NASDAQ 4,758.2520 +3.36 0.07%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs