Constellium Se Stock Price, News & Analysis

Constellium SE (NYSE: CSTM) has joined 'Project M-LightEn,' a collaborative initiative led by Gordon Murray Group (GMG) to develop ultra-lightweight, sustainable vehicle chassis structures. The project, supported by Innovate UK and the Advanced Propulsion Centre (APC), includes partners Carbon ThreeSixty and Brunel University London.

The consortium aims to achieve a 50% reduction in carbon intensity and 25% weight reduction in unibody vehicle architecture over the next three years. Constellium will contribute ultra-high-strength aluminum solutions manufactured with 80% recycled UK consumer scrap. Brunel University London will partner with Constellium for advanced material research and testing.

The project's first phase is focusing on new materials and joining techniques, with innovations expected to be available for low-volume commercial applications by late 2027, followed by mainstream manufacturing adoption.

Constellium (NYSE: CSTM) reported its Q4 and full-year 2024 results, showing mixed performance amid challenging conditions. The company experienced a Q4 net loss of $47 million compared to net income of $5 million in Q4 2023, with Q4 revenue declining 1% to $1.7 billion. Full-year 2024 results showed net income of $60 million, down from $157 million in 2023, while revenue decreased 6% to $7.3 billion.

The company faced several challenges including severe flooding at Valais facilities, weather impacts at Muscle Shoals, and market-driven headwinds. The Valais flood impact resulted in a $33 million reduction in Adjusted EBITDA and $45 million impact on Free Cash Flow for 2024.

Looking ahead, Constellium provided 2025 guidance with Adjusted EBITDA expected between $600-630 million and Free Cash Flow exceeding $120 million. The company also established new long-term targets for 2028, including Adjusted EBITDA of $900 million and Free Cash Flow of $300 million.

Constellium SE (NYSE: CSTM) has announced an immediate price increase for its flat rolled products in the United States. The company will implement a minimum price hike of $0.15 per pound across all flat rolled products, with potential higher increases for select products. The price adjustment, which takes effect immediately where contracts permit, is attributed to recent market dynamics and economic factors.

Constellium SE (NYSE: CSTM) has announced it will release its fourth quarter and full year 2024 financial results on Thursday, February 20, 2025, before market opening. The company will host a conference call and webcast at 10:00 AM Eastern Time on the same day.

The event will feature presentations from CEO Jean-Marc Germain and CFO Jack Guo. The conference call will be accessible via telephone across multiple countries, including the United States, France, Germany, Switzerland, and the United Kingdom. An archived recording will remain available on the company's website for three weeks following the presentation.

Constellium SE (NYSE: CSTM) has announced its voluntary transition to filing SEC reports as a U.S. domestic issuer starting in 2025, while maintaining its foreign private issuer status. The company will begin filing annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K.

A significant change includes switching financial reporting from Euros under IFRS to U.S. Dollars under U.S. GAAP. This transition will commence with Q4 and full-year 2024 results. The company will provide restated historical figures in USD under U.S. GAAP for 2022, 2023, and the first three quarters of 2024.

Key changes include modifications to operating lease reporting, factoring classifications, goodwill impairment treatments, and pension benefit accounting. CEO Jean-Marc Germain highlighted that this transition will enhance result comparability with U.S. domestic filers, expand strategic flexibility, and improve eligibility for certain stock indices.

Constellium (NYSE: CSTM) has successfully completed the 'ISA3' R&D project with Renault Group and other partners, focusing on automotive lightweighting solutions. The project's key achievement is a new lightweight aluminium door that achieves a 14% weight reduction compared to current aluminium doors in compact electric vehicles.

The innovative design, using Constellium's proprietary uni-alloy 6xxx solutions, delivers a 33% reduction in Global Warming Potential (GWP). The single-alloy approach enables efficient closed-loop recycling throughout the door's lifecycle. The project, supported by France Relance investment program, also identified more efficient production processes while optimizing costs and performance.

Constellium SE (NYSE: CSTM) has been awarded a France 2030 grant for its 'Wing of the Future' project, focusing on developing sustainable aircraft materials. The initiative, supported by the French Civil Aviation Administration (DGAC), aims to enhance aircraft performance through lighter weight aluminium solutions and improved recyclability.

The project, conducted at Constellium's R&D center C-TEC and Issoire facility, explores advanced technologies including pre-machining, Friction Stir Welding, and new alloy development to reduce metal thickness and structural weight while promoting efficient recovery and recycling of pre-consumer scrap.

Constellium SE (NYSE: CSTM) announces that its new aluminium recycling center in Neuf-Brisach, France, has achieved a significant milestone by qualifying its first aluminium coils with Crown Holdings (NYSE: CCK). The coils, produced mainly from post-consumer scrap, have passed qualification tests at Crown's plants in France and Spain for use in beverage cans. The new recycling center adds 130,000 metric tons of annual aluminium recycling capacity, bringing Constellium's global recycling capacity to approximately 735,000 metric tons across Europe and North America facilities.

Constellium SE (NYSE: CSTM) has achieved a breakthrough in automotive aluminium recycling by implementing Laser-Induced Breakdown Spectroscopy (LIBS) technology at industrial scale. Developed with OSR GmbH & Co. KG and a premium European automaker, the technology enables sorting of mixed 5xxx and 6xxx alloys from stamping scrap with over 95% purity, addressing a major recycling challenge. The company has successfully processed LIBS-sorted scrap at its Neuf-Brisach plant in France, demonstrating the technology's industrial viability. This advancement supports the automotive industry's sustainability goals by enabling high-quality aluminium recycling and reducing carbon emissions.