Constellium SE
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Publicatie datum
12 mrt 2015 - 08:23
Statutaire naam
Constellium SE
Titel
Constellium Reports Full-Year and Fourth Quarter 2014 Financial Results
Bericht
Constellium N.V. (NYSE and NYSE Euronext: CSTM) today reported results for the full year and fourth quarter ended December 31, 2014. These results do not include the acquisition of Wise Metals, which closed on January 5, 2015.
- 2014 Shipments of 1.1 million metric tons, up 4% versus prior year
- 2014 Revenue of €3.7 billion, up 5%
- 2014 Adjusted EBITDA of €275 million, including a €23 million unfavorable impact of higher metal premiums, down 2% from €280 million in 2013
- Adjusted free cash flow remains positive despite higher capital expenditures related to previously announced projects
- 2014 Diluted EPS of €0.48; EPS excluding unrealized losses on derivatives of €0.84
- Automotive rolled product shipments up 37% in 2014 versus 2013
- Automotive extruded product shipments up 28% in 2014 versus 2013
- Wise Metals acquisition closed on January 5, 2015 and Body-in-White projects
progressing as scheduled
- On track for near term decision to add a second Body-in-White finishing line in the
U.S
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