Hexcel Corp

HXL: XNYS (USA)
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Hexcel Earnings: Refocusing on Aerospace Opportunity; Shares Fairly Valued

Hexcel reported second-quarter revenue of $490 million, down 2% from the year-ago quarter, and operating profit dropped 58% to $30 million. The result includes a $24 million charge to close one of the more costly legacy plants in Belgium.

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