Constellium Reports Q4 Loss, Seeks $600M-$630M EBITDA in 2025
Constellium Reports Q4 Loss, Seeks $600M-$630M EBITDA in 2025

Constellium Reports Q4 Loss, Seeks $600M-$630M EBITDA in 2025

News summary

Constellium NV reported its Q4 and full-year 2024 earnings, facing significant challenges due to market headwinds and severe flooding at its Valais facilities. The company posted a net loss of $47 million for Q4, with revenues slightly declining to $1.7 billion. For the full year, net income dropped to $60 million from $157 million in 2023, while adjusted EBITDA fell to $623 million. Despite these setbacks, Constellium launched a new recycling and casting center ahead of schedule and returned $79 million to shareholders through stock repurchases. Looking ahead, the company anticipates adjusted EBITDA between $600 million and $630 million in 2025, alongside ambitious long-term growth targets. Constellium is also set to transition to U.S. GAAP reporting standards in 2025 to enhance its financial transparency.

Story Coverage
Bias Distribution
100% Left
Information Sources
daae85f0-2883-42fc-b085-888140adf30d
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
13 min ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

23Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News