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Hexcel Reports 2017 Fourth Quarter and Full Year Results

HEXCEL (HXL)  More Company Research Source: GlobeNewswire
Last hexcel earnings: 4/23 04:37 pm Check Earnings Report
PDF Q4 2017 GAAP diluted EPS was $0.96, including a $0.24 benefit from new tax law adjustments. Q4 2017 adjusted diluted EPS was $0.70, an increase of 9% above Q4 2016.Q4 2017 Sales were a record $512 million, an increase of 6% over fourth quarter 2016 (+4% in constant currency).FY 2017 Sales were $1,973 million, a decrease of 2% compared to FY 2016 (-2% in constant currency).FY 2017 GAAP diluted EPS was $3.09. FY 2017 adjusted diluted EPS was $2.68, an increase of 4% above FY 2016.FY 2017 free cash flow was a record $151 million.Reaffirming FY 2018 sales, free cash flow and capital expenditure guidance; updating adjusted diluted EPS expectations to reflect newly passed tax law. See Table C for reconciliation of GAAP and non-GAAP net income and earnings per share. Free cash flow is operating cash flow less cash paid for capital expenditures. Summary of Results from Operations Quarters Ended   Years Ended   December 31,   December 31,  (In millions, except per share data) 2017   2016  % C [Read more]

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