Adjusted EBITDA Trend
Focus on Sizing Hexcel to Current Market Conditions
(1) Adjusted EBITDA defined in Company’s news releases & SEC quarterly filings
- Electronics Drop in 2Q ‘01
- Commercial Aero down 28% 1H ’02 vs. 1H ’01
- But Cost Cuts result in:
- GM% gain of 5pts to 20%
- Adjusted EBITDA margin gain of 6pts to 14.2%