Workflow
Constellium(CSTM)
icon
Search documents
Voting Results from Constellium's 2025 Annual General Meeting
Globenewswire· 2025-05-23 09:00
Group 1 - Constellium SE held its Annual General Meeting of Shareholders on May 15, 2025, and published the voting results on its website [1] - All proposals at the AGM were adopted, including the appointment of Bradley Soultz and the re-appointment of Emmanuel Blot, Martha Brooks, and Lori Walker to the Board of Directors for a three-year term [2] - Constellium is a global leader in developing innovative, value-added aluminum products for various markets, generating $7.3 billion in revenue in 2024 [3]
Voting Results from Constellium's 2025 Annual General Meeting
GlobeNewswire News Room· 2025-05-23 09:00
Group 1 - Constellium SE held its Annual General Meeting of Shareholders on May 15, 2025, and published the voting results on its website [1] - All proposals at the AGM were adopted, including the appointment of Bradley Soultz and the re-appointment of Emmanuel Blot, Martha Brooks, and Lori Walker to the Board of Directors for a three-year term [2] - Constellium is a global leader in developing innovative, value-added aluminum products for various markets, generating $7.3 billion in revenue in 2024 [3]
Wall Street Analysts See a 50.36% Upside in Constellium (CSTM): Can the Stock Really Move This High?
ZACKS· 2025-05-06 15:00
Group 1 - Constellium (CSTM) shares have increased by 38.2% in the past four weeks, closing at $11.04, with a mean price target of $16.60 indicating a potential upside of 50.4% [1] - The average price targets range from a low of $12 to a high of $24, with a standard deviation of $4.77, suggesting variability in analyst estimates [2] - Analysts show strong agreement on CSTM's ability to report better earnings, with a positive trend in earnings estimate revisions correlating with potential stock price increases [4][11] Group 2 - Over the last 30 days, the Zacks Consensus Estimate for CSTM's current year earnings has increased by 14.6%, with two estimates moving higher and no negative revisions [12] - CSTM holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be reliable for predicting exact gains, they can indicate potential price movement direction [13]
Despite Fast-paced Momentum, Constellium (CSTM) Is Still a Bargain Stock
ZACKS· 2025-05-06 13:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...
3 Reasons Growth Investors Will Love Constellium (CSTM)
ZACKS· 2025-05-02 17:45
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond ...
Constellium(CSTM) - 2025 Q1 - Quarterly Report
2025-04-30 15:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to __________ Commission file number: 001-35931 Constellium SE (Exact name of registrant as specified in its charter) France 98-0667516 (State or ot ...
Constellium(CSTM) - 2025 Q1 - Earnings Call Transcript
2025-04-30 15:02
Financial Data and Key Metrics Changes - Shipments were 372,000 tons, down 2% compared to Q1 2024 due to higher pulp shipments offset by lower A&T and AS&I shipments [6] - Revenue increased to $2 billion, a 5% rise compared to Q1 2024, primarily driven by higher metal prices [6] - Net income for the quarter was $38 million, up from $22 million in the same quarter last year [6] - Adjusted EBITDA was $186 million, including a positive noncash impact from metal price lag of $46 million; excluding this, adjusted EBITDA was $140 million, down from $160 million last year [7] - Free cash flow was negative $3 million, in line with expectations, but the company expects to generate positive free cash flow exceeding $120 million for the year [8][26] Business Line Data and Key Metrics Changes - A&T segment adjusted EBITDA decreased 14% to $75 million, with aerospace shipments down 11% and TID shipments down 7% [17][18] - Park segment adjusted EBITDA increased 25% to $60 million, with packaging shipments up 9% while automotive shipments decreased 15% [19][20] - AS&I segment adjusted EBITDA decreased 50% to $16 million, with automotive shipments down 14% and industry shipments down 4% [21][22] Market Data and Key Metrics Changes - Demand weakness was noted across most end markets outside of packaging, particularly in automotive [9] - Aerospace market backlogs remain robust, but supply chain challenges continue to impact deliveries [30] - Packaging demand remains healthy in North America and Europe, with expectations for low to mid single-digit growth [32] - Automotive production remains below pre-COVID levels, with expectations of continued weakness due to tariffs [33] Company Strategy and Development Direction - The company is focused on strong cost control, free cash flow generation, and capital discipline [9][36] - Accelerated cost reduction efforts under the Vision 25 program are in place to optimize capacity based on market conditions [16][24] - The company is working on mitigating tariff impacts through customer pass-throughs and exploring alternative sourcing [10][61] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in long-term fundamentals driving aerospace demand despite near-term challenges [30] - The company remains cautious about the automotive market outlook due to tariff impacts and reduced production forecasts [54] - Management believes that current market conditions will eventually improve, and the company is well-positioned for long-term success [36][89] Other Important Information - The company returned $15 million to shareholders through share repurchases during the quarter [8][36] - Net debt at the end of Q1 was $1.8 billion, with leverage at 3.3 times, expected to trend down by year-end [28][29] Q&A Session Summary Question: What drove the better-than-expected performance in Q1? - Management attributed the performance to improvements at the Muscle Shoals plant and progress on the Vision 25 cost reduction program [41][42] Question: Is the inventory issue in aerospace resolved? - Management indicated that while their inventories are controlled, the supply chain is still struggling to ramp up [45] Question: What is the outlook for aerospace and automotive markets? - Aerospace is expected to remain choppy, while automotive demand is softening, particularly due to tariffs [52][54] Question: What is the expected cost impact from tariffs? - The gross impact from tariffs is estimated at $20 million for the rest of the year, with efforts to mitigate this through customer pass-throughs [55] Question: How is the company managing scrap costs? - Management noted that scrap costs are becoming more favorable, and they are working to optimize their sourcing strategies [66][69] Question: What is the outlook for the packaging segment? - The packaging segment is expected to benefit from improved demand and operational performance, particularly at the Muscle Shoals facility [72][74]
Constellium(CSTM) - 2025 Q1 - Earnings Call Transcript
2025-04-30 14:00
Financial Data and Key Metrics Changes - Shipments decreased by 2% to 372,000 tons compared to Q1 2024, primarily due to lower shipments in A and T and AS and I segments [6] - Revenue increased by 5% to $2 billion compared to Q1 2024, driven by higher metal prices [6] - Net income rose to $38 million from $22 million in the same quarter last year [6] - Adjusted EBITDA was $186 million, including a positive noncash impact from metal price lag of $46 million; excluding this, adjusted EBITDA was $140 million, down from $160 million last year [7] - Free cash flow was negative $3 million, with expectations to generate over $120 million in positive free cash flow for the year [9][28] - Leverage at the end of Q1 was 3.3 times, expected to trend down by year-end [9][30] Business Line Data and Key Metrics Changes - A and T segment adjusted EBITDA decreased by 14% to $75 million, with aerospace shipments down 11% and TID shipments down 7% [18][19] - Park segment adjusted EBITDA increased by 25% to $60 million, with packaging shipments up 9% but automotive shipments down 15% [20] - AS and I segment adjusted EBITDA decreased by 50% to $16 million, with automotive shipments down 14% and industry shipments down 4% [22] Market Data and Key Metrics Changes - Demand in aerospace remains stable, with healthy demand for military aircraft, but supply chain challenges persist [32] - Packaging demand is healthy in North America and Europe, with long-term growth expected [34] - Automotive production remains below pre-COVID levels, with demand softening in North America and Europe, particularly in luxury and electric segments [35] Company Strategy and Development Direction - The company is focused on strong cost control, free cash flow generation, and capital discipline amid challenging market conditions [10][39] - Accelerated cost reduction efforts under the Vision 25 program to optimize capacity and reduce costs [16][25] - The company is adapting to market conditions by shifting capacity from automotive to packaging markets [16] Management's Comments on Operating Environment and Future Outlook - Management acknowledges ongoing demand weakness across most end markets but remains optimistic about long-term fundamentals [32][39] - The tariff situation is seen as both a challenge and an opportunity, with efforts to mitigate impacts through customer pass-throughs [11][16] - The company expects to maintain guidance for 2025, targeting adjusted EBITDA of $600 million to $630 million and free cash flow exceeding $120 million [39] Other Important Information - The company returned $15 million to shareholders through share repurchases during the quarter [9][39] - The impact of tariffs is estimated at $20 million for the remainder of the year, with ongoing efforts to mitigate these costs [13][57] Q&A Session Summary Question: What drove the better-than-expected performance in Q1? - Management attributed the performance to improvements at the Muscle Shoals plant and progress on the Vision 25 cost reduction program [42][43] Question: Is the inventory issue in aerospace resolved? - Management indicated that while their inventories are controlled, the supply chain still faces challenges [47] Question: What is the outlook for aerospace and automotive markets? - Aerospace is expected to remain choppy, while automotive demand is uncertain due to tariffs and market conditions [53][55] Question: How will tariffs impact costs? - The gross impact of tariffs is estimated at $20 million, with efforts to pass through costs to customers [57] Question: What is the outlook for scrap metal costs? - Management noted that scrap spreads are improving, which is beneficial, but costs remain a headwind relative to historical levels [71] Question: How is the company positioned for future demand in defense applications? - There are positive signs for increased demand in defense, with management ramping up inventories in response [87]
Constellium (CSTM) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-04-30 12:10
Group 1 - Constellium (CSTM) reported quarterly earnings of $0.26 per share, significantly exceeding the Zacks Consensus Estimate of $0.07 per share, and up from $0.12 per share a year ago, representing an earnings surprise of 271.43% [1] - The company posted revenues of $1.98 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.42%, and an increase from $1.88 billion year-over-year [2] - Constellium has surpassed consensus EPS estimates two times over the last four quarters and has topped consensus revenue estimates twice as well [2] Group 2 - The stock has underperformed the market, losing about 6.6% since the beginning of the year compared to the S&P 500's decline of 5.5% [3] - The current consensus EPS estimate for the coming quarter is $0.28 on revenues of $2.15 billion, and for the current fiscal year, it is $1 on revenues of $8.16 billion [7] - The Zacks Industry Rank indicates that the Metal Products - Distribution sector is currently in the bottom 25% of over 250 Zacks industries, which may impact stock performance [8]
Constellium(CSTM) - 2025 Q1 - Quarterly Results
2025-04-30 11:53
Exhibit 99.1 April 30, 2025 Constellium Reports First Quarter 2025 Results and Maintains Full Year 2025 Guidance Paris - Constellium SE (NYSE: CSTM) ("Constellium" or the "Company") today reported results for the first quarter ended March 31, 2025. Jason Hershiser Delphine Dahan-Kocher Phone: +1 443 988-0600 Phone: +1 443 420 7860 1 • Shipments of 372 thousand metric tons, down 2% compared to Q1 2024 • Revenue of $2.0 billion, up 5% compared to Q1 2024 • Net income of $38 million compared to net income of $ ...