Amsterdam, 17 June, 2013 - Constellium N.V. (NYSE and NYSE Euronext: CSTM) today reported the following results for the three months ended March 31, 2013.
First Quarter Highlights:
- Adjusted EBITDA of 73 million, an increase of 12 million (+20%) compared with the first quarter of 2012
- Improving product mix, with higher sales to the aerospace and automotive sectors
- Continuing focus on cost control and productivity improvement
- Successfully completed 356 million term loan re-financing
- Cash flow from operating activities, excluding margin calls, improved by 13% compared with the first quarter 2012 .
- IPO successfully completed in May
Please find the complete press release attached.
Constellium's management will host a conference call and webcast to present the results at 11:00 a.m. EDT today.
The webcast can be accessed at:
http://www.media-server.com/m/p/x2dzhks3
To access the conference call, please dial one of the following numbers, with access code 35078719: