Constellium (CSTM) Tops Q1 EPS by EUR0.24

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Constellium Reports First Quarter 2021 Results

April 28, 2021 6:00 AM EDT

PARIS, April 28, 2021 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) today reported results for the first quarter ended March 31, 2021.

First quarter 2021 highlights:

Shipments of 385 thousand metric tons, down 2% compared to Q1 2020Revenue of 1.3 billion, down 7% compared to Q1 2020Net income of 48 million compared to net loss of 31 million in Q1 2020Adjusted EBITDA of 121 million, down 18% compared to Q1 2020Cash from Operations of 75 million and Free Cash Flow of 46 millionNet debt / LTM Adjusted EBITDA of 4.6 at March 31, 2021     

Jean-Marc Germain, Constelliums Chief... More