Forward-Looking Statements Second Quarter 2024 - Earnings Call - 2 This presentation includes information regarding certain non-GAAP financial measures, including Adjusted EBITDA, Free Cash Flow and Net debt. These measures are presented because management uses this information to monitor and evaluate financial results and trends and believes this information to also be useful for investors. Adjusted EBITDA measures are frequently used by securities analysts, investors and other interested parties in their ...

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estim ...

PARIS, July 23, 2024 (GLOBE NEWSWIRE) -- Constellium (NYSE:CSTM) announced today that its facility in Muscle Shoals, Alabama has been selected by the U.S. Department of Defense (DoD) for an investment of $23 million under Title III, Defense Production Act to rebuild its Direct Chill aluminium casting center. "This investment under the Defense Production Act will enable our industry to meet the rapidly increasing demand for the aluminium products needed not only for our national security, but also necessary ...

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 Adjusted EBITDA, a Non-GAAP financial measure, to no longer exclude the non-cash impact of metal price lag from its consolidated Adjusted EBITDA. Constellium will continue to exclude the non-cash impact of metal price lag from its Segmen ...

Under this agreement, Constellium will supply high-quality foilstock from its Singen site in Germany. With Lotte Infracell's financial support, Constellium is planning to invest around €30 million in new finishing lines at its Singen facility to enhance production capacity, creating around 20 new jobs in the process. This strategic investment is expected to further cement Constellium Singen's position as a key player in the aluminium automotive specialties market. "We are excited to partner with Constellium ...

Group 1 - Constellium has signed a long-term agreement with Lotte Infracell to supply foilstock for battery applications in Europe, emphasizing its commitment to the electric vehicle market [5][6][7] - The company plans to invest approximately €30 million in new finishing lines at its Singen facility, which will enhance production capacity and create around 20 new jobs [1][7] - Constellium generated €7.2 billion in revenue in 2023, indicating its strong market position and financial performance [6] Group 2 - Aluminium's properties, such as lighter weight and lower cost, make it advantageous for large-scale battery production for electric vehicles, aligning with Constellium's innovative product offerings [2] - The partnership with Lotte Infracell is expected to ensure a reliable supply of high-quality foilstock, supporting the rapid growth of the electric vehicle market in Europe [6][7]

PARIS, July 15, 2024 (GLOBE NEWSWIRE) -- Constellium SE (NYSE:CSTM) announced today the successful completion of its first industrial-scale hydrogen casting at C-TEC, Constellium's primary R&D center. This casting was performed in a 12-ton furnace following strict internal procedures. Quality monitoring, including the use of Batscan™ technology, an inclusion detection tool for molten aluminium, was conducted and no quality impact from hydrogen combustion on the metal was observed. "We are thrilled to announ ...

"We are thrilled to announce the successful completion of our first industrial-scale hydrogen casting. This achievement marks a pivotal step in Constellium's journey towards decarbonizing our industrial activities. Utilizing hydrogen as a substitute for natural gas not only demonstrates our commitment to sustainability but also paves the way for future innovations in green technologies," said Ludovic Piquier, Senior VP, Manufacturing Excellence and Chief Technical Officer of Constellium. Constellium is acti ...

PARIS, May 15, 2024 (GLOBE NEWSWIRE) -- Constellium SE ("Constellium" or the "Company") announced today that the voting results for its Annual General Meeting of Shareholders held on May 2, 2024 (the "AGM") have been published on the Company's website (https://www.constellium.com/investors/shareholder-meetings). All the proposals were adopted at the AGM, including the re-appointment of Jean-Christophe Deslarzes, Isabelle Boccon-Gibod and Jean-Philippe Puig to the Company's Board of Directors for a period of ...

Constellium SE (NYSE:CSTM) Q1 2024 Earnings Conference Call April 24, 2024 10:00 AM ET Company Participants Jason Hershiser - Director of IR Jean-Marc Germain - CEO Jack Guo - CFO Conference Call Participants Curt Woodworth - UBS Katja Jancic - BMO Capital Bill Peterson - JPMorgan Timna Tanners - Wolfe Research Josh Sullivan - The Benchmark Company Sean Wondrack - Deutsche Bank Operator Ladies and gentlemen, thank you for standing by. Welcome to the Constellium First Quarter 2024 Results Call. [Operator Ins ...