Constellium has delivered its strongest quarterly operating performance despite economic and geopolitical uncertainty, prompting the aluminium products manufacturer to raise its full-year 2026 guidance and bring its 2028 financial targets within reach two years ahead of schedule. The record quarter...
Constellium today announced that its extrusion and automotive structures plants in Gottmadingen and Singen, Germany, will source locally produced solar electricity under a long-term Power Purchase Agreement (PPA) with the community of Gottmadingen. Under the agreement, Constellium will receive the...
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Constellium N.V. announced today that it has signed a contract with Airbus to support all of their leading aircraft programs. The agreement – currently under Airbus Group Corporate approval - further solidifies Constellium’s longstanding partnership with Airbus and confirms its position as a...
Constellium N.V.has announced that the company intends to offer, subject to market and other conditions, approximately $400 million of senior secured notes due 2021 consisting of U.S. dollar denominated senior secured notes. The Notes will be guaranteed on a senior secured basis by certain of the...
Constellium N.V. has reported results for the full year and fourth quarter ended December 31, 2015. These results include the acquisition of Wise Metals, which closed on January 5, 2015. Key Highlights: • 2015 Shipments of 1.5 million metric tons, up 39 per cent from 1.1 million in 2014 • 2015...
Constellium N.V. yesterday announced that the company intends to record an impairment charge of approximately €400 million in the fourth quarter of 2015 against the carrying value of the Wise Metals asset. This charge, which has no impact on cash flows, reflects management’s view of the future...
Constellium N.V. has announced the signing of a Memorandum of Understanding (MoU) with its Japanese partner UACJ Corporation (UACJ) to expand their existing joint venture to produce automotive Body-in-White (BiW) sheet in the U.S. The final contract is subject to the board approval of each party....
Constellium N.V. has notified that the company will announce its fourth quarter and full year 2015 financial results on March 15, 2016. A conference call and webcast to present the results will take place at 11:00 a.m. EDT on the same day. The conference call will be hosted by Pierre Vareille,...
Constellium N.V. today announced that its indirect wholly-owned subsidiary Wise Alloys LLC is exploring alternatives to refinance its existing Asset Based Lending facility, including engaging in discussions with both current and potential new lenders. Wise currently intends to seek to refinance its...
Constellium N. V. announced today that Ms. Martha Brooks has been appointed as a Special Advisor to the Board of Directors. The Board expects to put forward the nomination of Ms. Brooks as a Non-Executive Director at the Company’s Annual General meeting to be held in June 2016. The company also...
Constellium N. V. announced today that it will construct a new manufacturing facility in Bartow County, Georgia, in response to growing demand for its automotive structures in North America. This project represents a $20 million investment by Constellium and an additional $12 million investment by...
Constellium N.V.reported results for the third quarter ended September 30, 2015. Highlights below are in comparison to the third quarter of 2014 and include the acquisition of Wise Metals. • Shipments of 374 thousand metric tons, up 41% • Revenue of €1.259 billion, up 36% • Adjusted EBITDA of €79...
Constellium N. V. launches Aeral™, a new aluminium solution designed for the production of aerosol containers using the Drawn and Ironed (D&I) technology which is currently used to produce beverage cans. Constellium's Aeral™ allows a minimum of 30% weight savings compared to traditional impact...
Constellium announced the launch of “Going full circle – The life-cycle of aluminium”- a publication, where it has presented three essentials to make infinite recycling a reality. Constellium believes that players, within and outside the aluminium industry, through better collaboration can foster...
According to a study conducted by the Industrial Info Resources, Sugar Land, Texas, aluminium smelters across the United States have gone through a distressed phase of cutbacks and closures, amid a global oversupply and resultant price decline. Even so, downstream aluminium-related projects in the...
The $150 million Constellium/UACJ Corp. joint venture under construction at the 4,000-acre Kentucky Transpark is 80 percent complete and on schedule, said Markus Wild, chief executive officer. The first 300-meter-long production line at the 225,000-square foot aluminum facility should be...
Constellium N. V. has been awarded Gold level recognition by EcoVadis, an independent rating agency which specializes in sustainable development and performance monitoring. Constellium achieved the highest level of recognition for its results in corporate social responsibility practices in the...
Constellium N. V. announced that the West Virginia Economic Development Authority (WVEDA) has approved partial financing of Constellium’s previously communicated investment of $35 million at its Ravenswood plant. The $15 million, 15-year loan financing will contribute to the installation of a new,...
Constellium N.V. reported results for the second quarter ended June 30, 2015. Highlights below are in comparison to the second quarter of 2014. • Shipments of 386 thousand metric tons, up 38% • Revenue of €1.375 billion, up 49% • Adjusted EBITDA of €93 million, including €19 million from Muscle...
Constellium N.V. will announce its second quarter 2015 financial results on Wednesday, August 5, 2015. A conference call and webcast to present the results will take place at 11:00 a.m. (Eastern Daylight Time) on the same day. The conference call will be hosted by Pierre Vareille, Chief Executive...
