Constellium Shares Surge on Q4 Revenue Beat and 2028 Outlook

The aluminum products specialist saw its stock jump 8.6% to $25.42 during afternoon trading, continuing a rally that has seen the company’s valuation more than double over the last 12 months. The surge follows a robust quarterly performance where Constellium recorded a net profit of $113 million, or 80 cents per share. This marks a significant turnaround from the same period last year, when the company reported a net loss of $47 million.

Revenue for the quarter rose to $2.2 billion, up from $1.72 billion a year prior. This figure comfortably cleared the $2.06 billion forecast by analysts surveyed by FactSet. The growth highlights a strengthening position in the aluminum market, driven by increased demand and improved operational efficiencies.

Guidance and Long-Term Strategy

Looking ahead to the current fiscal year, Constellium issued a positive outlook for its core earnings. The company projects adjusted EBITDA to fall between $780 million and $820 million, with free cash flow expected to exceed $200 million. Management attributed this confidence to sustained demand across its key industrial segments.

Beyond the immediate fiscal year, the company reaffirmed its commitment to its strategic roadmap. According to the company statement, it remains on track to achieve an adjusted EBITDA of $900 million and free cash flow of $300 million by 2028.