Constellium N.V. (CSTM) Misses Q1 EPS by 16c

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Constellium Reports First Quarter 2016 Financial Results

May 12, 2016 2:00 AM EDT

AMSTERDAM, May 12, 2016 /PRNewswire/ -- Constellium N.V. (NYSE and Euronext: CSTM) today reported results for the first quarter ended March 31, 2016. Highlights below are in comparison to the first quarter of 2015.

Shipments of 362 thousand metric tons Revenue of 1.2 billion, down 5% on a like-for-like basis Adjusted EBITDA of 92 million, down 3% Automotive rolled product shipments up 30% First test coils produced ahead of schedule in new finishing lines at Bowling Green, Kentucky and Neuf-Brisach in France Strong liquidity position of 773 million,... More