Matthew Akers's questions to Hexcel Corp (HXL) leadership • Q4 2024
Question
Matthew Akers asked for guidance on the expected quarterly progression of sales in 2025 and sought to identify the primary driver for the forecasted decline in the Industrial segment.
Answer
Executive Patrick Winterlich confirmed an expected upward ramp throughout 2025, with programs like the A320 and 737 MAX anticipated to increase production rates in the second half. He identified two main drivers for the Industrial segment's decline: the divestiture of the Neumarkt, Austria facility (approximately $40 million in annual sales) and continued softness in the automotive subsegment.