Recent Updates — CSTM

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.

Constellium SE reported second quarter and first half 2026 financial results on July 29, 2026, announcing record segment Adjusted EBITDA for both periods. Q2 revenue reached $2.7 billion, up 31% year-over-year, with net income of $148 million compared to $36 million in the prior year period. The company raised its full-year 2026 guidance, now expecting Adjusted EBITDA between $980 million and $1.020 billion (excluding metal price lag) and Free Cash Flow exceeding $300 million. Operational highlights included shipments of 381 thousand metric tons in Q2 and a leverage ratio of 1.8x at quarter-end. Additionally, Constellium repurchased 623 thousand ordinary shares for $20 million during the quarter and completed a $100 million partial redemption of its 5.625% Senior Notes due June 2028 in July. Constellium SE is a global leader in developing innovative aluminum products for aerospace, packaging, and automotive markets.