Stellar 1Q18, limited impact expected from tariffs and Rusal
Constellium, the French developer of value-added aluminium products, reported yesterday stellar results for 1Q18 with a 26% yoy adjusted EBITDA growth. During the earnings call, concerns around the aluminium import tariff and fallout from US sanctions on Rusal were appraised.
Constellium N.V. designs and manufactures a range of innovative specialty rolled and extruded aluminum products, serving primarily the aerospace, packaging and automotive end-markets. Co. has a strategic footprint of manufacturing facilities located in the United States, Europe and China. Co.'s product portfolio commands higher margins as compared to less differentiated, more commoditized fabricated aluminum products, such as common alloy coils, paintstock, foilstock and soft alloys for construction and distribution. Co. organizes its business around three operating segments: Aerospace & Transportation, Packaging & Automotive Rolled Products, and Automotive Structures & Industry.
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