Hexcel reports record results for Q4 2015 and full year. Q4 sales of US$464.9 million were 0.7% higher than last year in constant currency, and full year 2015 sales were 3.6% higher in constant currency over full year 2014. 2015 reported adjusted operating income of US$332.4 million (17.9% of sales) compared to $311.8 million (16.8% of sales) in 2014.

For Q4, Hexcel reports diluted EPS of US$0.56 on net sales of US$464.9 million, and for the full year, the company reported adjusted diluted EPS of US$2.32 on net sales of US$1,861.2 million.

Commercial aerospace sales now account for nearly 70% of total sales, and were about 8% higher than last year in constant currency led by the ramp-up of the A350 XWB.

‘Hexcel delivered another strong quarter to end the year with record sales, operating income and margin, net income and EPS,’ said chairman, CEO and president Nick Stanage. ‘We are particularly pleased that our operations generated US$301 million of cash in 2015, which funded capital expenditures for continued capacity expansion to support our strong growth.’

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