Constellium Reports First Quarter 2020 Results
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Constellium N.V. (CSTM) Reports Q1 Loss of EUR0.22 on Revenues of EUR1.44 billion
April 29, 2020 6:06 AM EDTConstellium N.V. (NYSE: CSTM) reported Q1 EPS of (EUR0.22), versus EUR0.17 reported last year. Revenue for the quarter came in at EUR1.44 billion versus the consensus estimate of EUR1.54 billion.
First quarter 2020 highlights:
Shipments of 393 thousand metric tons, down 5% compared to Q1 2019Revenue of 1.4 billion, down 6% compared to Q1 2019Net loss of 31 million compared to net income of 24 million in Q1 2019Adjusted EBITDA of 147 million, up 9% compared to Q1 2019Cash from Operations of 144... More