EarningsCSTM beat expectations and reiterated guidance, positively impacting the stock given uncertainty around market exposure.
Financial PerformanceImproved profitability is expected to result in free cash flow in excess of $120m, allowing Constellium some ability to accelerate share repurchases.
Long-Term GrowthRecovering aerospace build rates and European defense infrastructure investments, along with North American can-sheet benefits from tariffs, are seen as positive for CSTM long-term.