Want to see CSTM full AI Analyst Report?
Adjusted EBITDA by Segment
Shows profitability after normalizing one-off items for each business unit, revealing which parts of Constellium generate the strongest margins, how pricing and costs affect earnings, and where profit risks or improvements are coming from.Constellium’s segments delivered a clear inflection in Q1 with PARP and Aerospace & Transportation hitting record quarterly EBITDA and management raising full‑year targets; however a sizable positive metal‑price‑lag materially boosted reported EBITDA, so the underlying operational improvement—while genuine—is smaller. PARP’s jump appears supply‑driven (North American rolled‑product shortages) and may be cyclical, and elevated working capital, higher CapEx and volatile scrap/metal dynamics make free‑cash‑flow and the upgraded guidance sensitive to reversal despite share buybacks and leverage within target.
Date | Aerospace & Transportation | Packaging & Automotive Rolled Products | Automotive Strucrures & Industry | Holdings & Corporate | Metal Price Lag |
|---|---|---|---|---|---|
Jun 30, 2026 | €135.00M | €165.00M | €26.00M | -€16.00M | €129.00M |
Mar 31, 2026 | €102.00M | €151.00M | €24.00M | -€15.00M | €97.00M |
Dec 31, 2025 | €83.00M | €136.00M | €5.00M | -€11.00M | €67.00M |
Sep 30, 2025 | €90.00M | €82.00M | €33.00M | -€9.00M | €39.00M |
Jun 30, 2025 | €78.00M | €74.00M | €18.00M | -€12.00M | -€13.00M |
Mar 31, 2025 | €75.00M | €60.00M | €16.00M | -€11.00M | €46.00M |
Dec 31, 2024 | €56.00M | €56.00M | €4.00M | -€18.00M | €27.00M |
Sep 30, 2024 | €47.00M | €61.00M | €10.00M | -€4.00M | -€3.00M |
Jun 30, 2024 | €83.00M | €64.00M | €32.00M | -€7.00M | €42.00M |
Mar 31, 2024 | €80.00M | €43.00M | €33.00M | -€6.00M | -€13.00M |