What Happened
Advanced Materials Supplier Expects Strong Demand Across Major Platforms
Hexcel Corporation reported its Q3 2026 earnings, highlighting a 9% increase in sales to $496 million, driven by strong demand in commercial aerospace. The company’s commercial aerospace sales rose 21% year-over-year, with all major platforms, including the A350, 787, A320neo, and 737 MAX, showing growth. Hexcel expects to achieve approximately $500 million in incremental commercial aerospace sales annually by 2027, and aims to reach an 18% operating margin target by the end of the decade. The company’s CEO, Tom Gentile, stated that the production rate recovery is taking hold, and Hexcel is well-positioned to capture growth and improve operating leverage. This was reported by The Globe and Mail.