Hexcel cuts 2025 guidance as first-quarter sales fall 3.3% to $457 million
Hexcel reported first-quarter 2025 sales of $457 million, down 3.3% from a year earlier, and GAAP diluted EPS of $0.35 versus $0.43. The company lowered its full-year 2025 guidance for sales, adjusted EPS, and free cash flow, citing supply chain delays in commercial aircraft production rate ramps, particularly on the Airbus A350. Lower guidance means shareholders should expect weaker 2025 results than previously forecast.
- Q1 2025 net sales were $456.5 million, down from $472.3 million; Commercial Aerospace sales fell 6.4% to $280.1 million.
- Q1 2025 adjusted diluted EPS was $0.37, versus $0.44 a year earlier; GAAP diluted EPS was $0.35, versus $0.43.
- 2025 sales guidance was cut to $1.88 billion to $1.95 billion from $1.95 billion to $2.05 billion.
- 2025 adjusted diluted EPS guidance was cut to $1.85 to $2.05 from $2.05 to $2.25; free cash flow guidance was lowered to approximately $190 million from greater than $220 million.