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Constellium NV (CSTM.N)

CSTM.N on New York Stock Exchange

10.20USD
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

CONSTELLIUM PRICES NOTES OFFERING
Thursday, 2 Nov 2017 01:37pm EDT 

Nov 2 (Reuters) - Constellium Nv ::CONSTELLIUM PRICES NOTES OFFERING.‍PRICED PRIVATE OFFERING OF $500 MILLION OF SENIOR UNSECURED NOTES DUE 2026 AND EUR 400 MILLION OF SENIOR UNSECURED NOTES DUE 2026​.‍DOLLAR NOTES WILL BEAR INTEREST AT A RATE OF 5.875% PER ANNUM, AND EURO NOTES WILL BEAR INTEREST AT A RATE OF 4.250% PER ANNUM​.‍NOTES WILL BE GUARANTEED ON A SENIOR UNSECURED BASIS BY CERTAIN OF COMPANY'S SUBSIDIARIES​.  Full Article

Constellium launches cash tender offers for any and all of its outstanding 7.875 percent senior secured notes
Monday, 30 Oct 2017 05:50pm EDT 

Oct 30 (Reuters) - Constellium Nv :Constellium launches cash tender offers for any and all of its outstanding 7.875 percent senior secured notes due 2021, 7.00 percent senior notes due 2023 and 8.00 percent senior notes due 2023.Constellium NV says tender offers currently scheduled to expire at 5:00 p.m New York City time, on Nov 6, 2017​.  Full Article

Constellium launches ordinary shares and notes offerings
Monday, 30 Oct 2017 05:45pm EDT 

Oct 30 (Reuters) - Constellium Nv ::Expects to offer 22 million newly issued Class A ordinary shares in an underwritten public offering​.Intends to offer about $450 million of U.S. dollar denominated senior unsecured notes due 2026.Also intends to offer approximately EUR 400 million of Euro denominated senior unsecured notes due 2026​.Expects to use proceeds from offering, cash on hand, to repurchase outstanding 7.875 percent senior secured notes due 2021​, among others.  Full Article

Constellium reports Q3 revenue of 1.3 bln euros
Thursday, 26 Oct 2017 02:00am EDT 

Oct 26 (Reuters) - Constellium Nv :Constellium reports third quarter 2017 financial results.Q3 revenue EUR 1.3 billion versus i/b/e/s view EUR 1.36 billion.Qtrly ‍revenue of EUR 1.3 billion, up 7% compared to q3 2016 on higher aluminium prices​.Qtrly ‍net income of EUR 21 million compared to EUR 15 million in Q3 2016​.Qtrly shipments of 374 thousand metric tons, down 1% compared to Q3 2016; automotive shipments up 32% compared to Q3 2016‍​.Qtrly adjusted EBITDA of EUR 111 million, up 15% from Q3 2016; YTD 2017 adjusted EBITDA up 12% from YTD 2016.Updating guidance for adjusted EBITDA growth in 2017 to around 13%.Continue to expect adjusted EBITDA growth in high single digits annually for next 3 years, leading to over EUR 500 million of adjusted EBITDA in 2020.Capital expenditures are on track to meet company's previous guidance of EUR 275 million for 2017.  Full Article

Constellium says extends long-term partnership with Fiat Chrysler Automotive
Thursday, 28 Sep 2017 02:00am EDT 

Sept 28 (Reuters) - Constellium Nv :Extends its long-term partnership with Fiat Chrysler Automotive to supply aluminium auto body sheet for new Alfa Romeo Stelvio.  Full Article

Constellium NV says Q2 revenue 1.4 billion euros versus I/B/E/S view 1.43 billion euros
Thursday, 27 Jul 2017 02:00am EDT 

July 27 (Reuters) - Constellium NV - :Constellium reports second quarter 2017 financial results.Q2 revenue EUR 1.4 billion versus I/B/E/S view EUR 1.43 billion.To deliver at high end of our high single-digit adjusted EBITDA growth target for 2017.H1 adjusted EBITDA of EUR 98 million.H1 group adjusted EBITDA of EUR 220 million.Qtrly earnings per share 0.15 euros.  Full Article

Constellium signs multi-year contract with Robert Bosch
Wednesday, 17 May 2017 04:16pm EDT 

May 17 (Reuters) - Constellium NV ::Signs multi-year contract with Robert Bosch to double its supply of anti-lock braking system (ABS) fabricated profiles.  Full Article

Constellium says Q1 revenue rose 15 pct to EUR 1.3 bln
Thursday, 27 Apr 2017 02:00am EDT 

April 27 (Reuters) - Constellium Nv :Constellium reports first quarter 2017 financial results.Q1 revenue rose 15 percent to EUR 1.3 billion.Q1 earnings per share EUR 0.12.Constellium NV - expect adjusted EBITDA growth in high single digits annually for next three years, leading to over EUR 500 million of adjusted EBITDA in 2020.  Full Article

Constellium installs recycling furnace at Muscle Shoals plant
Tuesday, 28 Mar 2017 04:30pm EDT 

Constellium NV : Constellium NV - installed a new recycling furnace at its Muscle Shoals, Ala. Facility in an effort to expand recycling capabilities in North America .Constellium - fully operational furnace expected to increase total recycling output by 170 million pounds, about 5.2 billion additional used beverage cans/year.  Full Article

Constellium Q4 loss per share 0.19 Euro
Thursday, 9 Mar 2017 12:05am EST 

Constellium Nv : Constellium reports full-year and fourth quarter 2016 results . Q4 loss per share Eur 0.19 . Q4 revenue Eur 1.2 billion versus I/B/E/S view Eur 1.15 billion . Q4 earnings per share view Eur 0.04 -- Thomson Reuters I/B/E/S .Q4 shipments of 344 kt, up 2% from Q4 2015.  Full Article

BRIEF-CONSTELLIUM PRICES NOTES OFFERING

* ‍PRICED PRIVATE OFFERING OF $500 MILLION OF SENIOR UNSECURED NOTES DUE 2026 AND EUR 400 MILLION OF SENIOR UNSECURED NOTES DUE 2026​