Earnings ·
Constellium reports Q3 net income of $119 million and raises full-year Adjusted EBITDA guidance to $1.03B-$1.06B
CSTMConstellium SE
Constellium SE reported third-quarter 2026 revenue of $2.6 billion, up 22% year-over-year, driven by higher metal prices and favorable price/mix despite a 1% decline in shipments to 368 thousand metric tons. Net income rose 35% to $119 million, while Adjusted EBITDA reached a record $276 million, excluding a negative non-cash metal price lag impact of $4 million. Free cash flow was $128 million, and the company returned $30 million to shareholders via share repurchases. Management raised full-year 2026 guidance, now expecting Adjusted EBITDA between $1.03 billion and $1.06 billion (excluding metal price lag) and free cash flow exceeding $300 million. Leverage stood at 1.6x at quarter-end. Constellium SE is a global leader in developing innovative aluminum products for aerospace, packaging, and automotive markets.