Constellium posts a 6% drop in revenue on muted aluminium demand. Will its FRP price rise compensate the loss?
Constellium SE, a Paris-based global manufacturer of aluminium rolled products, extruded products, and structural components made from advanced alloys, described 2024 as a challenging year, citing extreme weather conditions and weak demand from end markets as significant operational setbacks. At the end of February 2025, the company reported its financial results, mirroring the prolonged market downturn throughout the year.
The company’s revenue saw a hit of 6 per cent compared to the previous year and amounted to $7.3 billion, while its shipments decreased by 4 per cent to 1.4 million tonnes. Consequently, its net income plunged by 61.78 per cent from $157 million in 2023 to $60 million in 2024.
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