A corporate profile

Hexcel Corporation: the world’s leading advanced structural materials company. Following a series of acquisitions over the past three years, Hexcel today is a global enterprise with solid profitability and over $1 billion in annual sales.

Hexcel is the largest US producer of carbon fiber; the world’s largest weaver of structural fabrics; the leading global producer of fiberglass electronic materials; the number one producer of composite materials such as honeycomb, prepregs, film adhesives and sandwich panels; and a leading manufacturer of composite parts and structures.

The company markets its products to customers in the commercial aerospace, space and defense, electronics, recreation and general industrial markets. Manufacturing facilities located in 12 countries around the world are operated by an experienced multinational management team.

Hexcel materials are used on virtually every commercial and military aircraft produced in the western world, and in thousands of other products, from satellites and launch vehicles, to high speed trains and ferries, cars and trucks, cellular telephones, laptop computers, skis and golf clubs, and construction materials.

Founded over 50 years ago, Hexcel has adopted a corporate mission to combine people, materials and science to deliver superior performance to our customers.

 

Contents

Cover
Letter to Shareholders
Change at Hexcel
Hexcel at a Glance
Commercial aerospace
Space and defense
Electronics
Sports and recreation
General industrial
Glossary of terms
1998 financial review
     Selected Financial Data
     Management’s discussion and analysis of financial condition and results of operations
     Management responsibility for consolidated financial statements
     Report of independent accountants
Consolidated financial statements:
     Consolidated Balance Sheets
     Consolidated Statement of Operations
     Consolidated Statement of Stockholders' Equity
     Consolidated Statement of Cash Flows
     Notes to Consolidate Financial Statements
Board of directors
Global facilities and offices
Corporate information and executive officers


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