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Constellium — Q3 2026 Earnings Summary

  • Q3 2026 revenue rose 22% YoY to $2.6 billion and net income surged 35% to $119 million; full-year 2026 Adjusted EBITDA guidance was raised to $1.03–$1.06 billion and Free Cash Flow guidance increased to exceed $300 million.
  • Leverage ratio stood at 1.6x with net debt declining to $1,658 million, while liquidity remained robust at $992 million including $834 million in committed facilities.
  • Shareholder returns included $30 million in Q3 share repurchases and a $100 million partial redemption of Senior Notes, leaving $225 million outstanding.
  • Segment performance was mixed: Aerospace & Transportation and Packaging & Automotive Rolled Products posted record Adjusted EBITDA, while Automotive Structures & Industry saw a 36% Q3 decline due to customer compensation.
  • Management cited improved market dynamics in aerospace and North American automotive supply shortages as key drivers, though noted ongoing macroeconomic and metal price lag volatility.
Company
CONSTELLIUM SE
Sector
Basic Materials
Industry
Aluminum