Report
Marc Pierron
EUR 203.58 For Business Accounts Only

CONSTELLIUM - Strong 4Q17 caps a transformative FY17

Constellium, the French developer of value-added aluminium products, yesterday posted another strong set of quarterly results, which rounded off a year of significant financial improvement.

Revenue increased 8% yoy to €1,248m, supported by 2% volume growth and higher aluminium prices. Adjusted EBITDA jumped by 20% yoy to €100m ((8% margin vs. 7% last year), primarily driven by a stellar performance of the Aerospace & Transportation segment, which benefited from a positive aerospace price and mix effect despite slightly lower volume.

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Provider
Spread Research
Spread Research

​Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.

 

Analysts
Marc Pierron

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