Carbon fiber company Hexcel has reported an increase in sales of 11.2% to US$609 million compared to the second quarter of 2018. Commercial Aerospace sales were US$416.5 million increased 8.5%, while Space and Defense sales were US$111.8 million, showing an increase of 21.9% for the quarter as compared to the second quarter of 2018. Growth in the F-35 Joint Strike

Total Industrial sales of US$80.7 million increased 12.1%, while wind energy sales (the largest sub-market in industrial) increased 44.3% in constant currency compared to Q2 2018.

In the year to date, sales of US$1,218.9 million for the first six months of 2019 increased 13.5% in constant currency compared to the same period in 2018.

‘Hexcel delivered a robust second quarter with sales 11% higher and EPS 25% higher than the same period in 2018,’ said CEO Nick Stanage. ‘These results reflect strength in our markets combined with strong operational performance. It was another solid quarter for sales, despite softer demand related to 737 MAX production. […] We are confident that, with current market conditions, our focus on operational excellence and continued investments in innovation, we are positioned to deliver on our commitments and drive shareholder value.’

This story uses material from Hexcel, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.