Constellium N.V. (CSTM) Posts Surprise Q4 Loss
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Constellium Reports Full-Year and Fourth Quarter 2015 Financial Results
March 15, 2016 3:00 AM EDTAMSTERDAM, March 15, 2016 /PRNewswire/ -- Constellium N.V. (NYSE and Euronext: CSTM) today reported results for the full year and fourth quarter ended December 31, 2015. These results include the acquisition of Wise Metals, which closed on January 5, 2015.
2015 Shipments of 1.5 million metric tons, up 39% from 1.1 million in 2014Â 2015 Revenue of 5.2 billion, up 41% from 3.7 billion in 2014 2015 Adjusted EBITDA of 343 million, up 25% from 275 million in 2014 Improved year-end leverage to below 5x and liquidity to 733 million from the prior quarter, including 145 million from the revolving credit facility... More