More on Hexcel's (NYSE:HXL) Q2: Commercial aerospace revenues rise 15.1% Y/Y. Adjusted operating...

More on Hexcel's (NYSE:HXL) Q2: Commercial aerospace revenues rise 15.1% Y/Y. Adjusted operating margin expands 90 basis points. CEO David Berges says aerospace sales should "continue their steady growth" assuming there are no changes to the Boeing 787 ramp-up. Outlook: Management notes that seasonal factors typically pinch margins in H2 but says it still sees adjusted EPS of $1.73-1.83 on sales of $1.64-1.74B versus consensus of $1.81/ share on revenue of 1.71B. The company also says Nick Stanage will replace David Berges as CEO effective August 1. Berges will serve as executive chairman until he retires later this year. (PR)