EX-99.1 3 a2080586zex-99_1.txt EXHIBIT 99.1 Exhibit 99.1 HEXCEL CORPORATION NET SALES BY PRODUCT GROUP AND MARKET SEGMENT FOR THE QUARTERS ENDED MARCH 31, JUNE 30, SEPTEMBER 30, AND DECEMBER 31, 2001 AND FOR THE YEARS ENDED DECEMBER 31, 2001 AND 2000
=============================================================================================== COMMERCIAL SPACE & (IN MILLIONS) AEROSPACE DEFENSE ELECTRONICS INDUSTRIAL TOTAL ----------------------------------------------------------------------------------------------- FOURTH QUARTER 2001 NET SALES Reinforcements $ 12.0 $ -- $ 11.6 $ 32.9 $ 56.5 Composites 83.3 36.1 -- 30.7 150.1 Structures 28.9 3.6 -- -- 32.5 ----------------------------------------------------------------------------------------------- Total $ 124.2 $ 39.7 $ 11.6 $ 63.6 $ 239.1 52% 16% 5% 27% 100% ----------------------------------------------------------------------------------------------- THIRD QUARTER 2001 NET SALES Reinforcements $ 13.5 $ -- $ 14.2 $ 27.9 $ 55.6 Composites 89.6 31.7 -- 34.0 155.3 Structures 26.1 3.6 -- -- 29.7 ----------------------------------------------------------------------------------------------- Total $ 129.2 $ 35.3 $ 14.2 $ 61.9 $ 240.6 53% 15% 6% 26% 100% ----------------------------------------------------------------------------------------------- SECOND QUARTER 2001 NET SALES Reinforcements $ 14.3 $ -- $ 16.5 $ 27.0 $ 57.8 Composites 97.1 29.1 -- 36.4 162.6 Structures 29.3 3.8 -- -- 33.1 ----------------------------------------------------------------------------------------------- Total $ 140.7 $ 32.9 $ 16.5 $ 63.4 $ 253.5 56% 13% 6% 25% 100% ----------------------------------------------------------------------------------------------- FIRST QUARTER 2001 NET SALES Reinforcements $ 14.7 $ -- $ 34.7 $ 26.4 $ 75.8 Composites 104.1 31.8 -- 34.9 170.8 Structures 26.0 3.6 -- -- 29.6 ----------------------------------------------------------------------------------------------- Total $ 144.8 $ 35.4 $ 34.7 $ 61.3 $ 276.2 52% 13% 13% 22% 100% =============================================================================================== 2001 NET SALES Reinforcements $ 54.5 $ -- $ 77.0 $ 114.2 $ 245.7 Composites 374.1 128.7 -- 136.0 638.8 Structures 110.3 14.6 -- -- 124.9 ----------------------------------------------------------------------------------------------- Total $ 538.9 $ 143.3 $ 77.0 $ 250.2 $1,009.4 53% 14% 8% 25% 100% ----------------------------------------------------------------------------------------------- 2000 NET SALES Reinforcements $ 53.6 $ -- $ 181.2 $ 96.9 $ 331.7 Composites 343.8 119.8 -- 130.9 594.5 Structures 120.3 9.2 -- -- 129.5 ----------------------------------------------------------------------------------------------- Total $ 517.7 $ 129.0 $ 181.2 $ 227.8 $1,055.7 49% 12% 17% 22% 100% ===============================================================================================
HEXCEL CORPORATION FINANCIAL INFORMATION BY MARKET SEGMENT FOR THE QUARTERS ENDED MARCH 31, JUNE 30, SEPTEMBER 30, AND DECEMBER 31, 2001 AND FOR THE YEARS ENDED DECEMBER 31, 2001 AND 2000
===================================================================================================================== CORPORATE & (IN MILLIONS) REINFORCEMENTS COMPOSITES STRUCTURES OTHER TOTAL --------------------------------------------------------------------------------------------------------------------- FOURTH QUARTER 2001 Net sales to external customers $ 56.5 $ 150.1 $ 32.5 $ -- $ 239.1 Intersegment sales 16.9 4.3 -- -- 21.2 --------------------------------------------------------------------------------------------------------------------- Total 73.4 154.4 32.5 -- 260.3 Adjusted operating income (1.7) 11.0 -- (6.5) 2.8 Depreciation and amortization 6.6 9.3 1.0 0.2 17.1 Business consolidation and restructuring expenses 15.6 20.9 5.7 8.9 51.1 Capital expenditures 2.0 5.4 0.3 0.2 7.9 --------------------------------------------------------------------------------------------------------------------- THIRD QUARTER 2001 Net sales to external customers $ 55.6 $ 155.3 $ 29.7 $ -- $ 240.6 Intersegment sales 23.1 5.7 -- -- 28.8 --------------------------------------------------------------------------------------------------------------------- Total 78.7 161.0 29.7 -- 269.4 Adjusted operating income (1.1) 19.8 0.3 (7.4) 11.6 Depreciation and amortization 6.3 7.8 1.1 0.2 15.4 Business consolidation and restructuring expenses 2.9 1.0 -- 0.5 4.4 Capital expenditures 3.7 5.1 0.1 0.1 9.0 --------------------------------------------------------------------------------------------------------------------- SECOND QUARTER 2001 Net sales to external customers $ 57.8 $ 162.6 $ 33.1 $ -- $ 253.5 Intersegment sales 24.5 6.0 -- -- 30.5 --------------------------------------------------------------------------------------------------------------------- Total 82.3 168.6 33.1 -- 284.0 Adjusted operating income 0.4 24.1 0.6 (7.2) 17.9 Depreciation and amortization 6.6 7.7 1.0 0.2 15.5 Business consolidation and restructuring expenses 0.2 1.6 -- -- 1.8 Capital expenditures 6.4 4.6 -- 0.3 11.3 --------------------------------------------------------------------------------------------------------------------- FIRST QUARTER 2001 Net sales to external customers $ 75.8 $ 170.8 $ 29.6 $ -- $ 276.2 Intersegment sales 25.7 6.7 -- -- 32.4 --------------------------------------------------------------------------------------------------------------------- Total 101.5 177.5 29.6 -- 308.6 Adjusted operating income 8.7 23.5 0.3 (8.8) 23.7 Depreciation and amortization 6.6 7.3 1.0 0.3 15.2 Business consolidation and restructuring expenses 0.1 1.0 -- -- 1.1 Capital expenditures 5.9 4.2 0.2 0.3 10.6 ===================================================================================================================== 2001 Net sales to external customers $ 245.7 $ 638.8 $ 124.9 $ -- $1,009.4 Intersegment sales 90.2 22.7 -- -- 112.9 --------------------------------------------------------------------------------------------------------------------- Total 335.9 661.5 124.9 -- 1,122.3 Adjusted operating income 6.3 78.4 1.2 (29.9) 56.0 Depreciation and amortization 26.1 32.1 4.1 0.9 63.2 Business consolidation and restructuring expenses 18.8 24.5 5.7 9.4 58.4 Capital expenditures 18.0 19.3 0.6 0.9 38.8 --------------------------------------------------------------------------------------------------------------------- 2000 Net sales to external customers $ 331.7 $ 594.5 $ 129.5 $ -- $1,055.7 Intersegment sales 84.1 21.3 -- -- 105.4 --------------------------------------------------------------------------------------------------------------------- Total 415.8 615.8 129.5 -- 1,161.1 Adjusted operating income 41.2 75.0 4.0 (33.9) 86.3 Depreciation and amortization 23.9 28.7 4.7 1.4 58.7 Business consolidation and restructuring expenses (1.4) 10.9 1.4 -- 10.9 Capital expenditures 13.5 23.3 1.1 1.7 39.6 =====================================================================================================================