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4-Traders Homepage  >  Equities  >  Nyse  >  Hexcel Corporation    HXL

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HEXCEL : Corporation Files Amended By-Laws

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02/29/2012 | 12:10am CET

Regulatory News:

Hexcel Corporation (NYSE:HXL)(Paris:HXL) today informs its stockholders that its Board of Directors have approved an Amendment to the Company's By-Laws and have filed this Amendment on Form 8-K with the U.S. Securities and Exchange Commission ("SEC").

Effective as of December 6, 2011, Hexcel's By-Laws were amended to adopt a provision providing that director nominees in uncontested elections must receive a majority of the votes cast to be elected, and to require that all nominees for director submit a contingent resignation that becomes effective if (i) such director fails to receives a majority of the votes cast, and (ii) the Board of Directors accepts such resignation.

Hexcel Corporation makes available free of charge on its website, its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, reports filed pursuant to Section 16 of the U.S. Securities Exchange Act of 1934 and amendments to those reports filed with or furnished to the SEC as soon as reasonably practicable after Hexcel Corporation electronically files these documents with, or furnishes them to, the SEC. These documents are posted on Hexcel Corporation's website at www.hexcel.com -- under "Investor Relations."

The SEC maintains a website that contains reports, proxy statements and other information regarding issuers that file electronically with the SEC. These materials may be obtained electronically by accessing the SEC's home page at http://www.sec.gov.

Copies of the above referenced information will also be made available, free of charge, by calling + 1 203 352 6826 or upon written request to:

Hexcel Corporation
Investor Relations
281 Tresser Boulevard
Stamford, Connecticut 06901, U.S.A.

*****

Hexcel Corporation is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures, used in commercial aerospace, space and defense and industrial applications such as wind turbine blades.

Hexcel Corporation, 281 Tresser Boulevard, Stamford, CT 06901 (203) 969-0666

Hexcel Corporation


© Business Wire 2012
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Financials ($)
Sales 2017 2 102 M
EBIT 2017 384 M
Net income 2017 253 M
Debt 2017 688 M
Yield 2017 0,90%
P/E ratio 2017 19,49
P/E ratio 2018 17,02
EV / Sales 2017 2,62x
EV / Sales 2018 2,39x
Capitalization 4 825 M
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 56,1 $
Spread / Average Target 5,5%
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NameTitle
Nick L. Stanage Chairman, President & Chief Executive Officer
Wayne C. Pensky Chief Financial Officer & Executive VP
Jeffrey C. Campbell Independent Director
Joel Seth Beckman Independent Director
Lynn Brubaker Independent Director
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