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Stock impact report

Constellium Reports First Quarter 2020 Results

Constellium SE Ordinary Shares (France) (CSTM) 
Last constellium se ordinary shares (france) earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: constellium.com/investors
Company Research Source: GlobeNewswire
PARIS, April 29, 2020 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) today reported results for the first quarter ended March 31, 2020. First quarter 2020 highlights: Shipments of 393 thousand metric tons, down 5% compared to Q1 2019Revenue of €1.4 billion, down 6% compared to Q1 2019Net loss of €31 million compared to net income of €24 million in Q1 2019Adjusted EBITDA of €147 million, up 9% compared to Q1 2019Cash from Operations of €144 million and Free Cash Flow of €87 millionNet debt / LTM Adjusted EBITDA of 3.7x at March 31, 2020Liquidity of €616 million at March 31, 2020 Jean-Marc Germain, Constellium’s Chief Executive Officer said, “The Covid-19 pandemic has introduced a new set of challenges for Constellium, but we remain confident in our ability to navigate through the crisis. Our first priority is the health and safety of our employees and their families. To this end, we have implemented a number of initiatives at our manufacturing sites to pro Show less Read more
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