Constellium (CSTM) Misses Q2 EPS by EUR0.66

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Go back to Constellium (CSTM) Misses Q2 EPS by EUR0.66

Constellium Reports Second Quarter 2022 Results

July 27, 2022 6:00 AM EDT

PARIS, July 27, 2022 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) today reported results for the second quarter ended June 30, 2022.

Second quarter 2022 highlights:      

Shipments of 424 thousand metric tons, up 4% compared to Q2 2021     Revenue of 2.3 billion, up 50% compared to Q2 2021Value-Added Revenue (VAR) of 704 million, up 22% compared to Q2 2021 Net loss of 32 million compared to net income of 108 million in Q2 2021 Adjusted EBITDA of 198 million, up 17% compared to Q2 2021Cash from Operations of 111 million and Free Cash Flow of 60 millionRepaid 180 million PGE French Facility and CHF 15... More