from leadership. reflect strong the Nick pandemic. second the I'm the thank and over Hexcel as and results. CEO team everyone, had call. the company has last to financial we last joining XXXX results Hexcel a for XX President years as us our for Nick CEO quarter of my morning, participating you recover Good tenure years Patrick. Thanks, first and several over to quarter very and the be made the Stanage earnings Hexcel efforts as share this in position The excited future succeeding strong today
quarter where Commercial news At EPS sales XXXX. were release XX% than Hexcel's strong in year-over-year. earlier more more was of grew than on read this second year-over-year better Aerospace, million up sales morning, our XX% so in than QX As our $X.XX, you XX% $XXX especially performance,
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per month aircraft that announced has Airbus example, For by AXXX reaching XXXX. XX the be will
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meeting recent and investor our analyst individual to in employees, of you meetings. in addition many met conferences community with at with In investor I've also weeks
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related me share directly Now moment are that a of a more to take let to Hexcel. couple highlights
in of area to recycler into materials relationship ago has a Fairmat, composite fiber May, markets. we with commercial sustainability. announced recycle from Lake years fiber for this In called operations. time composite agreement First, and Salt carbon another City from our the established recycle prepreg in agreement materials the almost sold a reuse U.S. XX-year material yet carbon composite X Hexcel to various Fairmat, European It's Hexcel with a
continued demonstrates with reduce XXXX targets. our further waste, our dedication part Fairmat landfill partnership Our sustainability which of is to
leaders members as Salt at collaborative advanced take-off Hexcel composite urban reality. make and This we was working policymakers through a a were industry and City pleased build advanced coalition is to Project site announced. and Second, our to safe and others Cox, Governor, community Lake host project Alta air Spencer at vertical mobility. forefront energy-efficient, State thanks future Utah to for together electric our material aircraft science reliable that advanced the of to and This help use cost-competitive in is air the will remains support mobility vehicles landing networks. air lightweight materials a of development of
$XXX quarter Finally, to million repurchased stock. a earnings capital of let repurchases. point our from over morning, and And we as around the shareholders. stock Hexcel and cash XXXX, me specifically the million had this bringing Hexcel in just we earlier second reiterate see release take returning and a In of that excess the this our moment share allocation in is repurchases $XXX first the done value year same, total our we quarter, to to
As to of levels we back to will recover generate production, cash. XXXX more continue we
Our to in productivity solutions capital on our to fund to position allocation continue factories, next-generation innovating systems our execution strategy platforms. and and current be commitments, first drive will material customer provide Hexcel on
organic a We lot growth have potential. of
of million. if also future to will competitive and a will inorganic We pay strengthen $XXX and opportunities material do strategic opportunity that currently right materialize, We technology in a at meet share [ repurchases. not the way and look thresholds have authorization opportunities portfolio. science our continue disciplined But growth our for ] return review we remaining dividend
more the to turn Now let Patrick provide to on details Patrick? it me numbers. over
