Constellium (CSTM) Reports Q3 Net Income of 99M EUR
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Constellium Reports Third Quarter 2021 Results
October 27, 2021 6:00 AM EDTPARIS, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) today reported results for the third quarter ended September 30, 2021.
Third quarter 2021 highlights:
Shipments of 395 thousand metric tons, up 12% compared to Q3 2020Revenue of 1.6 billion, up 35% compared to Q3 2020Net income of 99 million compared to a net income of 20 million in Q3 2020Adjusted EBITDA of 143 million, up 14% compared to Q3 2020Cash from Operations of 91 million and Free Cash Flow of 40 millionInvestigating an increase in total planned European recycling center capacity to ~130ktRedeeming $200 million of 5.875% Senior Notes... More