Constellium(CSTM) - 2023 Q1 - Quarterly Report

Exhibit 99.1 • Adjusted EBITDA of €148 million, up 1% compared to Q4 2021 Mr. Germain continued, "Looking ahead to 2023, we expect aerospace demand to remain strong as the path of recovery continues. We expect automotive demand to improve, but to remain below pre-COVID levels. In packaging, we are experiencing weakness as we begin the year, but expect demand to return to trend growth rates as excess inventory is depleted. While we continue to see signs of weakness across certain industrial markets, we are e ...