Constellium Reports First Quarter 2013 Financia...

Constellium Reports First Quarter 2013 Financial Results

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:

  • USA: +1 888 771 4371
  • France: +33 (0)805 102 604 
  • Germany: +49 (0)800 101 4676
  • Switzerland: +41 (0)800 881 100
  • United Kingdom: +44 (0)808 238 9578
Constellium reports first quarter 2013 financial Results



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Source: Constellium via Thomson Reuters ONE

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