Constellium SE Q2 2026 Financial Results
Constellium SE reported strong financial results for the second quarter and first half of 2026. The company achieved a new quarterly record for Segment Adjusted EBITDA, driven by improved performance across all operating segments. Key highlights include a significant increase in net income and Adjusted EBITDA compared to the previous year, with Adjusted EBITDA reaching $439 million for Q2 2026 and $798 million for H1 2026. Shipments were slightly down year-over-year, but revenue saw a substantial increase of 31% in Q2 and 28% in H1, attributed to higher revenue per ton and metal prices. The company also raised its full-year 2026 guidance, now expecting Adjusted EBITDA between $980 million and $1.020 billion (excluding metal price lag) and Free Cash Flow exceeding $300 million. This revised guidance suggests the company may achieve its 2028 targets two years ahead of schedule. Constellium also announced a $100 million partial redemption of its Senior Notes due June 2028 and continued share repurchases, demonstrating a commitment to returning value to shareholders while maintaining a strong balance sheet with leverage at 1.8x.