PARIS, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) today announced a minimum price increase of $0.15 per pound for all flat rolled products shipped in the US, due to recent market dynamics and other economic drivers. Select products may require higher increases. The increase is effective immediately, as contracts allow. About Constellium Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value-added aluminum products for a broad scope of markets and applications, ...

PARIS, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) will host a conference call and webcast on Thursday, February 20, 2025, at 10:00 AM (Eastern Time) to announce its fourth quarter and full year 2024 results. The press release will be sent before market opening. The conference call will be hosted by Jean-Marc Germain, Chief Executive Officer, and Jack Guo, Senior Vice President and Chief Financial Officer. Details of the conference call, webcast and accompanying presentation will be availa ...

PARIS, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Constellium SE (NYSE:CSTM) ("Constellium" or the "Company") announced today that, while it remains a foreign private issuer under applicable rules, it intends to voluntarily file its SEC reports on U.S. domestic issuer forms. As a result, beginning in 2025, Constellium will voluntarily file annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. In addition, Constellium expects to voluntarily file the proxy statement for its 2025 ...

Exhibit 99.1 RESS RELEASE October 23, 2024 Constellium Reports Third Quarter 2024 Results Paris - Constellium SE (NYSE: CSTM) ("Constellium" or the "Company") today reported results for the third quarter ended September 30, 2024. As a reminder of the press release issued on February 21, 2024 and following the SEC comment letter review process, Constellium will no longer report Value-Added Revenue (VAR), a Non-GAAP financial measure. In addition, the Company has revised its definition of consolidated Adjuste ...

Financial Data and Key Metrics - Shipments were 352,000 tons, down 5% YoY, primarily due to lower shipments in A&T and AS&I segments [5] - Revenue decreased 5% YoY to EUR 1.6 billion, driven by lower shipments, partially offset by higher metal prices [5] - Net income was EUR 3 million, compared to EUR 64 million in Q3 2023, which included a EUR 36 million gain from the sale of the CED business [6] - Adjusted EBITDA was EUR 110 million, including a negative impact of EUR 17 million from the Valais flood and EUR 3 million from metal price lag [6] - Excluding the flood and metal price lag impacts, adjusted EBITDA was EUR 130 million, down from EUR 168 million in Q3 2023 [6] - Free cash flow was negative EUR 10 million, including a EUR 6 million negative impact from the Valais flood [8] - Leverage at the end of Q3 was 2.8x, slightly above the target range of 1.5x to 2.5x [14] Segment Performance PARP Segment - Adjusted EBITDA of EUR 61 million, down 9% YoY [9] - Packaging shipments increased 3% YoY, while automotive shipments decreased 6% due to weakening demand in North America and Europe [9] - Costs were a headwind of EUR 6 million due to unfavorable metal costs [9] A&T Segment - Adjusted EBITDA of EUR 47 million, down 41% YoY [10] - Volume was a EUR 10 million headwind due to lower TID shipments, impacted by the Valais flood [10] - Price and mix were a EUR 12 million headwind due to softer pricing in TID and weaker aerospace mix [10] AS&I Segment - Adjusted EBITDA of EUR 10 million, down 61% YoY [11] - Volume was a EUR 2 million headwind due to lower shipments in automotive and industrial extruded products [11] - Price and mix were a EUR 8 million headwind, primarily due to softer pricing in industrial markets [11] Market Performance - Packaging demand remained healthy, with promotional activity up YoY but below historical levels [18] - Aerospace demand slowed due to supply chain challenges, with demand shifting to the right [7][16] - Automotive demand softened in North America and weakened further in Europe, particularly in luxury and electric vehicle segments [7][17] - Industrial markets in North America and Europe saw sharp declines, with trailer builds down 25%-30% YoY [32][33] Strategic Direction and Industry Competition - The company is accelerating its Vision '25 Cost Improvement Program, targeting over EUR 25 million in cost savings for 2025 [12][30] - New investments in recycling and casting centers are expected to contribute EUR 35-40 million to EBITDA in 2025 [27] - The company remains confident in the long-term fundamentals of its markets, particularly in aerospace, automotive, and packaging [16][17][18] Management Commentary on Operating Environment and Future Outlook - The company expects adjusted EBITDA for 2024 to be in the range of EUR 580-600 million, excluding the impact of the Valais flood and metal price lag [24] - Market conditions deteriorated rapidly in Q3, with no signs of recovery in the near term [24][25] - The company is cautious heading into 2025, with adjusted EBITDA targets delayed pending market recovery [25] Other Important Information - The Valais flood had a significant impact on Q3 results, with an estimated full-year impact of EUR 30-40 million on adjusted EBITDA and EUR 60-70 million on free cash flow [21] - Operations in Valais are expected to fully resume by the end of November 2024, with production ramp-up completed by Q1 2025 [20][21] - The company repurchased 1.2 million shares for US $21 million in Q3, bringing the year-to-date total to 3.1 million shares for over US $60 million [8][13] Q&A Session Summary Question: What are the non-market-related EBITDA drivers? - The Neuf-Brisach recycling center is expected to contribute EUR 35-40 million to EBITDA in 2025 [27] - Vision '25 cost savings are expected to exceed EUR 25 million in 2025 [27] - Aerospace contract re-pricing is expected to contribute between EUR 15-25 million [27] Question: What are the signs of recovery in key markets? - No signs of recovery in automotive and industrial markets, with further declines observed [38] - Aerospace demand is expected to recover as supply chain challenges are resolved, but timing remains uncertain [39][40] Question: What is the impact of the Valais flood on 2025? - The flood impact is expected to be split two-thirds to AS&I and one-third to A&T [53] - Some cash flow impact may extend into 2025, but insurance proceeds will offset these costs [54] Question: What is the free cash flow outlook for 2024? - The company is not providing specific free cash flow guidance due to uncertain market conditions and timing of working capital benefits [55]

Third Quarter 2024 Earnings Call October 23, 2024 Forward-Looking Statements Certain statements contained in this presentation may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This presentation may contain "forward-looking statements" with respect to our business, results of operations and financial condition, and our expectations or beliefs concerning future events and conditions. You can identify forward-looking statements because they c ...

Constellium (CSTM) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -95%. A quarter ago, it was expected that this aluminum company would post earnings of $0.43 per share when it actually produced earnings of $0.52, delivering a surprise of 20.93%.Over the last four quarters, the compa ...

Financial Performance - Shipments in Q3 2024 were 352 thousand metric tons, down 5% compared to Q3 2023 [3] - Revenue in Q3 2024 was €1.6 billion, down 5% compared to Q3 2023 [3] - Net income in Q3 2024 was €3 million, compared to €64 million in Q3 2023 [3] - Adjusted EBITDA in Q3 2024 was €110 million, down from €141 million in Q3 2023 [3] - Free Cash Flow in Q3 2024 was negative €10 million, impacted by €6 million due to the flood in Valais [3] - For the first nine months of 2024, shipments were 1.1 million metric tons, down 4% compared to the same period in 2023 [3] - Revenue for the first nine months of 2024 was €5.2 billion, down 8% compared to the same period in 2023 [3] - Net income for the first nine months of 2024 was €91 million, compared to €118 million in the same period in 2023 [3] - Adjusted EBITDA for the first nine months of 2024 was €461 million, down from €470 million in the same period in 2023 [3] Segment Performance - Packaging & Automotive Rolled Products (P&ARP) segment reported Adjusted EBITDA of €61 million in Q3 2024, down 9% compared to Q3 2023 [9] - Aerospace & Transportation (A&T) segment reported Adjusted EBITDA of €47 million in Q3 2024, down 41% compared to Q3 2023 [12] - Automotive Structures & Industry (AS&I) segment reported Adjusted EBITDA of €10 million in Q3 2024, down 61% compared to Q3 2023 [13] - For the first nine months of 2024, P&ARP segment Adjusted EBITDA was €168 million, down 17% compared to the same period in 2023 [10] - A&T segment Adjusted EBITDA for the first nine months of 2024 was €210 million, down 15% compared to the same period in 2023 [13] - AS&I segment Adjusted EBITDA for the first nine months of 2024 was €75 million, down 31% compared to the same period in 2023 [14] Market Conditions - Packaging demand remained healthy during Q3 2024, while aerospace demand slowed due to supply chain challenges [3] - Automotive demand softened in North America and weakened further in Europe during Q3 2024 [3] - Industrial markets in North America experienced a sharp decline in demand, with further weakness in Europe [3] - The company expects Adjusted EBITDA for 2024 to be in the range of €580 million to €600 million, excluding the impact of the flood in Valais [24] Operational Challenges - The flood in Valais, Switzerland, negatively impacted Adjusted EBITDA by €17 million in Q3 2024 and Free Cash Flow by €6 million [3] - The company expects the total impact of the flood in 2024 to be €30 million to €40 million on Adjusted EBITDA and €60 million to €70 million on Free Cash Flow [23] - Operations in Valais are partially resumed, with full operations expected by the end of November 2024 [22] Share Repurchases and Debt - The company repurchased 1.2 million shares for $21 million in Q3 2024 and 3.1 million shares for $60.4 million in the first nine months of 2024 [3] - Leverage stood at 2.8x at the end of Q3 2024 [3] - The company issued $350 million of 6.375% Senior Notes due 2032 and €300 million of 5.375% Senior Notes due 2032 in Q3 2024 [20] Non-GAAP Measures - The company revised its definition of consolidated Adjusted EBITDA to no longer exclude the non-cash impact of metal price lag [2] - Metal price lag had a negative impact of €3 million in Q3 2024 and a positive impact of €26 million in the first nine months of 2024 [3] - Free Cash Flow for the first nine months of 2024 was €57 million, down from €112 million in the same period in 2023 [19]

As every investor knows — a stock is cheap, and in decline, for a reason.Over the last 12 months, the NYSE-listed shares of global aluminum giant Constellium CSTM are down 12%, while rivals like Alcoa Corporation AA, Kaiser Aluminum Corporation KALU and Century Aluminum Company CENX are all up. Alcoa is up 55%. CENX is like crypto aluminum, up 155.8% in a year.Its price-to-earnings ratio is not bad at 12x, and it has a new $65 million investment in a new aluminum plant being built in Alabama, though that is ...

PARIS, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) is exhibiting at ALUMINIUM 2024 (Hall 3, Booth 3A49), the world's premier trade fair for the aluminium industry, taking place October 8-10 in Düsseldorf. Investor Relations Communications Jason Hershiser Delphine Dahan-Kocher Phone: +1 443 988-0600 Phone: +1 443 420 7860 investor-relations@constellium.com delphine.dahan-kocher@constellium.com This year, Constellium proudly presents its comprehensive range of advanced aluminium solutions wi ...