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Constellium N.V.

Constellium N.V.

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Publicatie datum 19 nov 2014 - 08:00
Statutaire naam Constellium N.V.
Titel Constellium Reports Third Quarter 2014 Financial Results
Bericht Amsterdam, November 19, 2014 – Constellium N.V. (NYSE and NYSE Euronext: CSTM) today reported results for the third quarter ended September 30, 2014. - Shipments up 4% versus prior year - Revenues up 8% to €927 million and Adjusted EBITDA up 13% to €72 million - Strong performance in P&ARP driven by 82% growth in Body-in-White shipments and in AS&I led by 23% growth in automotive structures - A&T impacted by aerospace capacity constraints and extended maintenance - Body-in-White projects progressing as scheduled - Recent Wise Metals acquisition expected to close in January 2015 - Q3 2014 EPS at €0.11; EPS excluding unrealized losses on derivatives at €0.31