Constellium SE Shows Resilience Amidst Challenges
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Constellium SE Shows Resilience Amidst Challenges

Constellium (CSTM) has released an update.

Constellium SE reported a decrease in Q2 2024 with shipments down 5% and revenue down 8% compared to Q2 2023, although net income rose to €71 million from €32 million. The company highlighted a strong free cash flow of €75 million and reaffirmed confidence in meeting its €800 million Adjusted EBITDA target for 2025, despite pausing its 2024 guidance due to flooding impact and market uncertainties.

For further insights into CSTM stock, check out TipRanks’ Stock Analysis page.

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