Constellium Q2 2026 Results and Guidance
Constellium SE (NYSE:CSTM) reported second‑quarter 2026 results that topped analyst forecasts and lifted its full‑year outlook. Adjusted earnings per share came in at $1.04, exceeding the consensus estimate of $0.71 by $0.33. Revenue reached $2.75 billion, beating the $2.37 billion forecast and representing a 31 % increase from the $2.1 billion recorded in the same quarter a year earlier. Adjusted EBITDA for the quarter was a record $310 million across the three operating segments. The Aerospace & Transportation segment generated $135 million of adjusted EBITDA, up 61 % year‑over‑year, while the Packaging & Automotive Rolled Products segment delivered $165 million, up 123 % year‑over‑year. Shipments totaled 381 thousand metric tons, a 1 % decline versus the prior year. Net income rose to $148 million from $36 million in the comparable quarter. Free cash flow for the quarter was $90 million and the company repurchased 623 thousand shares for $20 million. Leverage stood at 1.8 times at quarter‑end, within the target range of 1.5‑2.5 times. The firm raised its full‑year 2026 adjusted EBITDA guidance to a range of $980 million to $1.02 billion, with the midpoint of $1.0 billion representing a material increase over prior expectations, and it now expects free cash flow for the year to exceed $300 million. Shares climbed 3.37 % in pre‑market trading following the release. CEO Ingrid Joerg said the company delivered a new record quarterly adjusted EBITDA despite macro‑economic and geopolitical uncertainties.