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Constellium SE - CSTM STOCK NEWS

Welcome to our dedicated news page for Constellium SE (Ticker: CSTM), a resource for investors and traders seeking the latest updates and insights on Constellium SE.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Constellium SE's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Constellium SE's position in the market.

Rhea-AI Summary
Constellium SE (NYSE: CSTM) reported first quarter 2024 results, with highlights including 380 thousand metric tons in shipments (down 2% from Q1 2023), €1.7 billion in revenue (down 12% from Q1 2023), net income of €17 million, and adjusted EBITDA of €137 million. The company also repurchased 330 thousand shares for $6.9 million and ended the quarter with leverage at 2.4x.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.28%
Tags
-
Rhea-AI Summary
Constellium SE (CSTM) releases notice and agenda for its Annual General Meeting of Shareholders on May 2, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
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none
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Rhea-AI Summary
Constellium SE (NYSE: CSTM) partners with PyroGenesis Canada Inc. to test plasma torch technology for decarbonization. The technology aims to reduce direct emissions by three times compared to the current benchmark, offering a faster, more efficient, and environmentally friendly alternative. Successful laboratory trials have led to a planned scale-up to a full-size furnace at Constellium's casthouses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.72%
Tags
partnership
Rhea-AI Summary
Constellium SE (CSTM) will host a conference call and webcast on Wednesday, April 24, 2024, to announce its first quarter 2024 results. The call will be led by CEO Jean-Marc Germain and CFO Jack Guo. Details for participation are provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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conferences earnings
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Rhea-AI Summary
Constellium SE announces a $75 million investment in its Ravenswood facility by the U.S. Department of Energy to implement low-to-no emissions technologies, supporting decarbonization and worker safety. The project aims to reduce carbon emissions, maximize recycled scrap intake, and improve worker safety. The investment will also benefit local communities with new training and wellness centers, childcare facilities, and resources for schools and universities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
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none
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Rhea-AI Summary
Constellium SE (CSTM) releases its 2023 Sustainability Report, showcasing its commitment to sustainability, safety, gender diversity, recycling, climate change, and community engagement. Despite challenges, the company excels in safety, progresses in diversity goals, increases recycled input, and addresses climate change with industry-leading initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.37%
Tags
none
Rhea-AI Summary
Constellium SE (NYSE: CSTM) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, providing shareholders with detailed financial information. The report can be accessed on Constellium's website and the SEC's website. Shareholders can request hard copies of the audited financial statements for free.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
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none
-
Rhea-AI Summary
Constellium SE (NYSE: CSTM) announced industrial testing of hydrogen in its casthouses to reduce greenhouse gas emissions. Successful lab trials showed no adverse effects on energy efficiency or product quality. The company aims to transition to carbon-neutral production using green hydrogen.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
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none
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Rhea-AI Summary
Constellium SE (NYSE: CSTM) leads the 'Close the Loop' R&D initiative in France with recycling companies to develop technologies for efficient aluminium recycling from end-of-life vehicles. The project aims to reduce energy consumption and GHG emissions, promoting circular economy and sustainable mobility solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
Tags
none
Rhea-AI Summary
Constellium SE (NYSE: CSTM) reported its fourth-quarter and full-year results for 2023, highlighting a decrease in shipments and revenue compared to the previous year. The company also announced a three-year share repurchase program. Despite challenges such as inflationary pressures and demand headwinds, Constellium achieved record Adjusted EBITDA and strong Free Cash Flow in 2023. Looking ahead to 2024, the company expects aerospace demand to remain strong, stabilized canstock demand, and healthy automotive demand, while experiencing weakness in most industrial markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.95%
Tags
buyback earnings
Constellium SE

NYSE:CSTM

CSTM Rankings

CSTM Stock Data

3.11B
127.41M
1.52%
92.06%
1.26%
Alumina Refining and Primary Aluminum Production
Manufacturing
Link
France
Paris

About CSTM

for constellium, aluminum is more than a metal. it is the material that takes the shape of our ideas so our ideas may shape the world. with our expert teams, world-class r&d center and outstanding facilities, we are a global leader in developing and manufacturing innovative, value-added and recyclable aluminum products for a broad range of markets and applications, including aerospace, automotive and packaging. curious, passionate and determined, with over 10,000 employees we are always exploring new boundaries, and together with our partners we can shape a future of infinite possibilities. constellium (nyse and euronext: cstm) generated €4.7 billion in sales in 2014 (pro forma revenue post acquisition of wise metals).