Constellium (CSTM) has released an update.
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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.
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