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Constellium SE

Constellium SE

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Publicatie datum 02 aug 2016 - 08:00
Statutaire naam Constellium SE
Titel Constellium Reports Strong Second Quarter 2016 Financial Results
Bericht Amsterdam, August 2, 2016 – Constellium N.V. (NYSE and Euronext: CSTM) today reported results for the second quarter ended June 30, 2016. Highlights below are in comparison to the second quarter of 2015: Shipments of 387k metric tons in line with prior year; Revenue of €1.2 billion, down 10% mainly due to lower metal prices; Net income of €9 million compared to a €47 million net loss in the prior year; Adjusted EBITDA of €107 million, up 15% from prior year; Cash Flows from Operating Activities of €182 million; Adjusted FCF of €104 million; EPS of €0.08 in Q2 2016, up from (€0.45) in Q2 2015; Strong Adjusted EBITDA per metric ton in all segments