- Constellium's (CSTM, Financial) Q1 2025 revenue increased by 5% year-over-year to $2.0 billion.
- Net income rose from $22 million in Q1 2024 to $38 million in Q1 2025.
- Adjusted EBITDA grew by $40 million to $186 million, aided by a $46 million positive metal price lag.
Constellium SE (CSTM) has reported robust financial results for the first quarter of 2025. The company's revenue rose by 5% to $2.0 billion compared to the same period last year, despite a 2% drop in total shipments, which amounted to 372,000 metric tons. The increase in revenue was primarily attributed to higher metal prices.
The company's net income saw a significant rise, reaching $38 million, up from $22 million year-over-year. This improvement was largely due to a stronger gross profit and favorable changes in derivatives gains and losses. Adjusted EBITDA for Q1 2025 increased to $186 million from $146 million in Q1 2024, which included a $46 million positive impact from a metal price lag.
Despite the strong results, certain segments faced challenges. The Aerospace & Transportation segment experienced a 14% drop in Adjusted EBITDA, while the Automotive Structures & Industry segment saw a 50% decline. These setbacks were partially offset by the Packaging & Automotive Rolled Products segment, which reported a 25% growth in EBITDA.
The company's operations were also impacted by a $10 million negative effect from flooding at its Valais facilities. However, Constellium maintained its full-year 2025 guidance, expecting Adjusted EBITDA to range between $600 million and $630 million, excluding the non-cash impact of metal price lag, and Free Cash Flow to exceed $120 million.
Moreover, Constellium demonstrated confidence in its financial health by repurchasing 1.4 million shares for $15 million, concluding the quarter with a leverage ratio of 3.3x. The company remains cautious about potential market headwinds, particularly regarding tariffs and international trade uncertainties, yet continues to focus on cost reduction and operational efficiency to sustain its growth trajectory.
