Composites World / NetComposites

Connecting you to the composites industry

Advertisement

NetComposites Ltd has transferred the rights and ownership of this website to Gardner Business Media Inc.

On 1st January 2020, NetComposites' media assets including netcomposites.com, newsletters and conferences were transferred to Composites World (Gardner Business Media).

This site is no longer being updated. Please direct all enquiries to netcomposites@gardnerweb.com.

For further details see our joint press release.

Hexcel Outlook for 2012

  • Tuesday, 13th December 2011
  • 0 comments
  • Reading time: less than a minute

More in Aerospace

Solvay’s Xencor LFT Chosen for All-polymer E-bike

  • 22nd October 2019

Sigmatex Sigma Design Showcased

  • 21st October 2019

Alvant Recognised at BEEA Awards

  • 21st October 2019

Hexcel Corporation has provided its guidance for 2012, projecting solid growth in both revenues and earnings.

Mr. David Berges, Hexcel’s Chief Executive Officer, summarizing the Company’s outlook commented, “In 2012, we expect another year of double-digit sales growth, led by our Commercial Aerospace market thanks to on-going increases in aircraft build rates and new composite rich aircraft programs that are entering production. Although there is some uncertainty about the medium to long-term prospects of our Space & Defense sales due to potential military budget reductions, we still expect single digit growth in this market in 2012 due to global rotorcraft demand for our materials. Assuming reasonable availability of credit, we foresee a return to double-digit growth in our Industrial markets led by our wind energy sub-market. Our combined expectations lead us to conclude that 2012 revenues will be in a range of $1.5 billion to $1.6 billion, at today’s exchange rates.”

“As previously disclosed, the surge in demand has led us to pull-forward our expansion plans and we now expect capital expenditures for 2012 to be in the $250 million to $275 million range.”


For more information visit:


Share this article


Categories


More News


Comments (0)

Leave your comment