Hexcel net income plummets as dramatic volume decline continues

MOSCOW (MRC) -- Hexcel has reported net income down 87.9% year-on-year (YOY), to USD9.7 million, on net sales down 49.9%, to USD286.9 million. Adjusted earnings amounted to a 29 cents/share net loss, short of analysts' consensus estimate of an 8 cents/share gain, as reported by Refinitiv (New York, New York), said Chemweek.A dramatic decline in demand from the commercial aerospace sector

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