earnings
confidence high
sentiment neutral
materiality 0.90
Constellium Reports Q4 2024 Net Loss of $47M, Adjusted EBITDA $125M; Sets 2028 Targets
CONSTELLIUM SE
2024-FY EPS reported
$0.38
revenue$7,335,000,000
- Constellium reported Q4 2024 net loss of $47 million compared to net income of $5 million in Q4 2023, impacted by $15 million flood at Valais.
- Full year 2024 Adjusted EBITDA was $623 million, down from $662 million in 2023, including $33 million flood impact.
- Company repurchased ~4.6 million shares for $79 million in 2024 and expects 2025 Adjusted EBITDA of $600M-$630M (ex-metal price lag).
- New 2028 targets: Adjusted EBITDA of $900 million and Free Cash Flow of $300 million, excluding metal price lag.
- Cash from Operations $301M, Free Cash Flow -$100M for full year 2024; Valais flood caused $45M FCF impact.