Constellium SE
(NYSE:CSTM)

Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the packaging, aerospace, and automotive end-markets. The company operates through three segments: Packaging & Automotive Rolled Products, Aerospace & T...

Website: http://www.constellium.com

Founded: 2011

Full Time Employees: 11,700

CEO: Jean-Marc Germain

Sector: Basic Materials

Industry: Aluminum

Materials

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Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-10-23	2024-07-23	2024-06-30	2024-04-24	2024-02-21	2023-12-31	2023-10-25	2023-07-26	2023-06-30	2023-04-26	2023-02-22	2022-10-26	2022-07-27	2022-06-30	2022-04-27	2022-02-23	2021-10-27	2021-07-28	2021-06-30	2021-05-17	2021-04-28	2021-02-25	2021-02-09	2020-10-27	2020-07-22	2020-06-30	2020-06-16	2020-04-29	2020-02-20	2019-12-31	2019-10-23	2019-07-25	2019-04-24	2019-02-21	2018-12-31	2018-10-25	2018-07-25	2018-07-24	2018-04-26	2018-02-22	2017-12-31	2017-10-30	2017-10-26	2017-07-28	2017-07-27	2017-04-27	2017-03-10	2017-03-09	2017-02-01	2016-12-31	2016-11-10	2016-08-05	2016-08-03	2016-08-02	2016-05-16	2016-05-12	2016-03-15	2015-12-31	2015-11-05	2015-08-12	2015-05-14	2015-03-27	2015-03-12	2014-12-31	2014-12-04	2014-11-19	2014-08-28	2014-05-16	2014-03-20	2013-12-31	2013-11-14

revenue	2,201,000,000	2,166,000,000	2,103,000,000	1,979,000,000	1,639,000,000	1,795,000,000	1,795,000,000	1,731,000,000	1,613,000,000	1,613,000,000	1,720,000,000	1,950,000,000	1,950,000,000	1,956,000,000	1,844,000,000	2,022,000,000	2,275,000,000	2,275,000,000	1,979,000,000	1,706,000,000	1,587,000,000	1,518,000,000	1,518,000,000	1,341,000,000	1,341,000,000	1,243,000,000	1,172,000,000	1,172,000,000	1,031,000,000	1,031,000,000	1,437,000,000	1,437,000,000	1,372,000,000	1,372,000,000	1,461,000,000	1,538,000,000	1,536,000,000	1,398,000,000	1,398,000,000	1,428,000,000	1,474,000,000	1,474,000,000	1,386,000,000	1,248,000,000	1,248,000,000	1,279,000,000	1,279,000,000	1,382,000,000	1,382,000,000	1,328,000,000	4,743,000,000	1,161,000,000	1,199,000,000	1,161,000,000	1,199,000,000	1,233,000,000		1,233,000,000		1,150,000,000	5,153,000,000	1,122,000,000	1,259,000,000	1,375,000,000	1,393,000,000	3,666,000,000	936,000,000	936,000,000	927,000,000	927,000,000	920,000,000	883,000,000	3,495,000,000	806,000,000	862,000,000
yoy	34.29%	20.67%	17.16%	14.33%	1.61%	11.28%	4.36%	-11.23%	-17.28%	-17.54%	-6.72%	-3.56%	-14.29%	-14.02%	-6.82%	18.52%	43.35%	49.87%	30.37%	27.22%	18.34%	22.12%	29.52%	14.42%	30.07%	20.56%	-18.44%	-18.44%	-24.85%	-24.85%	-1.64%	-6.57%	-10.68%	-1.86%	4.51%	7.70%	4.21%	-5.16%	0.87%	14.42%	18.11%	15.25%	8.37%	-9.70%	-9.70%	-3.69%	-73.03%	19.04%	15.26%	14.38%	295.58%	-5.84%		-5.84%		7.22%		9.89%		-16.36%	269.92%	-69.39%	34.51%	46.90%	50.27%	295.47%	1.74%	6.00%	-73.48%	15.01%	6.73%
qoq	1.62%	3.00%	6.27%	20.74%	-8.69%	0.00%	3.70%	7.32%	0.00%	-6.22%	-11.79%	0.00%	-0.31%	6.07%	-8.80%	-11.12%	0.00%	14.96%	16.00%	7.50%	4.55%	0.00%	13.20%	0.00%	7.88%	6.06%	0.00%	13.68%	0.00%	-28.25%	0.00%	4.74%	0.00%	-6.09%	-5.01%	0.13%	9.87%	0.00%	-2.10%	-3.12%	0.00%	6.35%	11.06%	0.00%	-2.42%	0.00%	-7.45%	0.00%	4.07%	-72.00%	308.53%	-3.17%	3.27%	-3.17%	-2.76%					-77.68%	359.27%	-10.88%	-8.44%	-1.29%	-62.00%	291.67%	0.00%	0.97%	0.00%	0.76%	4.19%	-74.74%	333.62%	-6.50%
cost of sales	-1,854,000,000	-1,852,000,000	-1,840,000,000	-1,716,000,000	-1,525,000,000	-1,605,000,000	-1,605,000,000	-1,570,000,000	-1,435,000,000	-1,435,000,000	-1,562,000,000	-1,737,000,000	-1,737,000,000	-1,795,000,000	-1,737,000,000	-1,889,000,000	-2,060,000,000	-2,060,000,000	-1,762,000,000	-1,551,000,000	-1,419,000,000	-1,319,000,000	-1,319,000,000	-1,199,000,000	-1,199,000,000	-1,109,000,000	-1,052,000,000	-1,052,000,000	-962,000,000	-962,000,000	-1,284,000,000	-1,284,000,000	-1,241,000,000	-1,241,000,000	-1,316,000,000	-1,356,000,000	-1,392,000,000	-1,288,000,000	-1,277,000,000	-1,315,000,000	-1,303,000,000	-1,303,000,000	-1,253,000,000	-1,138,000,000	-1,138,000,000	-1,140,000,000	-1,140,000,000	-1,232,000,000	-1,232,000,000	-1,188,000,000	-4,227,000,000	-1,039,000,000	-1,059,000,000	-1,039,000,000	-1,059,000,000	-1,093,000,000	280,670,000	-1,093,000,000	257,935,000	-1,036,000,000	-4,703,000,000	-1,017,000,000	-1,163,000,000	-1,283,000,000	-1,252,000,000	-3,183,000,000	-828,000,000	-828,000,000	-799,000,000	-799,000,000	-790,000,000	-766,000,000	-3,024,000,000	-704,000,000	-748,000,000
depreciation and amortization	-86,000,000	-84,000,000	-82,000,000	-78,000,000
selling and administrative expenses	-81,000,000	-85,000,000	-88,000,000	-78,000,000	-63,000,000	-74,000,000	-74,000,000	-75,000,000	-81,000,000	-81,000,000	-70,000,000	-80,000,000	-80,000,000	-71,000,000	-76,000,000	-63,000,000	-75,000,000	-75,000,000	-68,000,000	-71,000,000	-60,000,000	-67,000,000	-67,000,000	-60,000,000	-60,000,000	-59,000,000	-55,000,000	-55,000,000	-57,000,000	-57,000,000	-66,000,000	-66,000,000	-72,000,000	-72,000,000	-66,000,000	-70,000,000	-68,000,000	-67,000,000	-66,000,000	-63,000,000	-60,000,000	-60,000,000	-58,000,000	-60,000,000	-60,000,000	-61,000,000	-61,000,000	-62,000,000	-62,000,000	-65,000,000	-254,000,000	-64,000,000	-66,000,000	-64,000,000	-66,000,000	-63,000,000		-63,000,000		-61,000,000	-245,000,000	-56,000,000	-62,000,000	-62,000,000	-65,000,000	-200,000,000	-50,000,000	-50,000,000	-49,000,000	-49,000,000	-49,000,000	-52,000,000	-210,000,000	-55,000,000	-53,000,000
research and development expenses	-14,000,000	-12,000,000	-12,000,000	-13,000,000	-11,000,000	-13,000,000	-13,000,000	-15,000,000	-15,000,000	-15,000,000	-11,000,000	-13,000,000	-13,000,000	-13,000,000	-16,000,000	-11,000,000	-10,000,000	-10,000,000	-11,000,000	-9,000,000	-10,000,000	-9,000,000	-9,000,000	-11,000,000	-11,000,000	-10,000,000	-9,000,000	-9,000,000	-7,000,000	-7,000,000	-13,000,000	-13,000,000	-12,000,000	-12,000,000	-12,000,000	-12,000,000	-12,000,000		-9,000,000	-10,000,000	-10,000,000	-10,000,000	-11,000,000	-8,000,000	-8,000,000	-9,000,000	-9,000,000		-8,000,000	-11,000,000	-32,000,000	-10,000,000	-8,000,000	-10,000,000	-8,000,000	-5,000,000		-5,000,000		-9,000,000	-35,000,000	-10,000,000	-5,000,000	-9,000,000	-11,000,000	-38,000,000	-11,000,000	-11,000,000	-10,000,000	-10,000,000	-8,000,000	-9,000,000	-36,000,000	-9,000,000	-9,000,000
other gains and losses - net	4,750,000	20,000,000	4,000,000	-5,000,000	4,000,000	24,000,000	24,000,000	-13,000,000	-4,000,000	-4,000,000	41,000,000	-41,000,000	-41,000,000	-15,000,000	45,000,000	-29,000,000	-134,000,000	-134,000,000	110,000,000	-25,000,000	55,000,000	44,000,000	44,000,000	43,000,000			10,000,000	10,000,000
finance costs - net	-20,750,000	-27,000,000	-29,000,000	-27,000,000	-36,000,000	-32,000,000	-32,000,000	-33,000,000	-35,000,000	-35,000,000	-36,000,000	-35,000,000	-35,000,000	-35,000,000	-33,000,000	-36,000,000	-32,000,000	-32,000,000	-30,000,000	-41,000,000	-34,000,000	-37,000,000	-37,000,000	-55,000,000			-37,000,000	-37,000,000	-42,000,000	-42,000,000	-45,000,000	-45,000,000		-40,000,000	-46,000,000		-46,000,000	-32,000,000	-26,250,000	-35,000,000		-36,000,000		-116,000,000				-39,000,000	-39,000,000	-54,000,000	-167,000,000			-37,000,000	-45,000,000			-44,000,000		-41,000,000		-29,750,000	-40,000,000	-36,000,000	-43,000,000	-58,000,000	-12,000,000			-10,000,000	-27,000,000			-11,000,000	-10,000,000
income before tax	164,000,000	126,000,000	56,000,000	62,000,000	8,000,000	95,000,000	95,000,000	25,000,000	43,000,000	43,000,000	82,000,000	44,000,000	44,000,000	27,000,000	27,000,000	-6,000,000	-36,000,000	-36,000,000	218,000,000	9,000,000	119,000,000	130,000,000	130,000,000
income tax expense	-51,000,000	-38,000,000	-20,000,000	-24,000,000	-5,000,000	-24,000,000	-24,000,000	-8,000,000						-5,000,000					-39,000,000														10,000,000	10,000,000	-4,000,000	-9,000,000	-15,000,000		-2,000,000	-1,000,000	-25,000,000	-25,000,000	-4,000,000	-24,000,000	-14,000,000	-17,000,000	-17,000,000	-12,000,000	-12,000,000	-27,000,000																-37,000,000		6,000,000	-12,000,000	-12,000,000	-15,000,000	-16,000,000		-10,750,000	-21,000,000
net income	113,000,000	88,000,000	36,000,000	38,000,000	3,000,000	71,000,000	71,000,000	17,000,000	11,000,000	11,000,000	64,000,000	32,000,000	32,000,000	22,000,000	30,000,000	131,000,000	-32,000,000	-32,000,000	179,000,000	7,000,000	99,000,000	108,000,000	108,000,000	48,000,000	48,000,000	26,000,000	20,000,000	20,000,000	-32,000,000	-32,000,000	-31,000,000	-31,000,000	22,000,000	22,000,000	1,000,000	17,000,000	24,000,000	-57,000,000	-58,000,000	217,000,000	55,000,000	55,000,000	-24,000,000	-80,000,000	-80,000,000	21,000,000	21,000,000	15,000,000	15,000,000	13,000,000	-4,000,000	-20,000,000	15,000,000	-20,000,000	15,000,000	9,000,000	-2,601,000	9,000,000	-35,098,000	-8,000,000	-552,000,000	-429,000,000	-45,000,000	-47,000,000		54,000,000	-16,000,000	-16,000,000	12,000,000	12,000,000	28,000,000	30,000,000	100,000,000	33,000,000	45,000,000
yoy	3666.67%	23.94%	-49.30%	123.53%	-72.73%	545.45%	10.94%	-46.88%	-65.63%	-50.00%	113.33%	-75.57%	-200.00%	-168.75%	-83.24%	1771.43%	-132.32%	-129.63%	65.74%	-85.42%	106.25%	315.38%	440.00%	140.00%	-250.00%	-181.25%	-164.52%	-164.52%	-245.45%	-245.45%	-3200.00%	-282.35%	-8.33%	-138.60%	-101.72%	-92.17%	-56.36%	-203.64%	141.67%	-371.25%	-168.75%	161.90%	-214.29%	-633.33%	-633.33%	61.54%	-625.00%	-175.00%	0.00%	-165.00%	-126.67%	-322.22%	-676.70%	-322.22%	-142.74%	-212.50%	-99.53%	-102.10%	-22.00%	-82.98%		-894.44%	181.25%	193.75%		350.00%	-157.14%	-153.33%	-88.00%	-63.64%	-37.78%
qoq	28.41%	144.44%	-5.26%	1166.67%	-95.77%	0.00%	317.65%	54.55%	0.00%	-82.81%	100.00%	0.00%	45.45%	-26.67%	-77.10%	-509.38%	0.00%	-117.88%	2457.14%	-92.93%	-8.33%	0.00%	125.00%	0.00%	84.62%	30.00%	0.00%	-162.50%	0.00%	3.23%	0.00%	-240.91%	0.00%	2100.00%	-94.12%	-29.17%	-142.11%	-1.72%	-126.73%	294.55%	0.00%	-329.17%	-70.00%	0.00%	-480.95%	0.00%	40.00%	0.00%	15.38%	-425.00%	-80.00%	-233.33%	-175.00%	-233.33%	66.67%	-446.02%	-128.90%	-125.64%	338.72%	-98.55%	28.67%	853.33%	-4.26%			-437.50%	0.00%	-233.33%	0.00%	-57.14%	-6.67%	-70.00%	203.03%	-26.67%
net income margin %	5.13%	4.06%	1.71%	1.92%	0.18%	3.96%	3.96%	0.98%	0.68%	0.68%	3.72%	1.64%	1.64%	1.12%	1.63%	6.48%	-1.41%	-1.41%	9.04%	0.41%	6.24%	7.11%	7.11%	3.58%	3.58%	2.09%	1.71%	1.71%	-3.10%	-3.10%	-2.16%	-2.16%	1.60%	1.60%	0.07%	1.11%	1.56%	-4.08%	-4.15%	15.20%	3.73%	3.73%	-1.73%	-6.41%	-6.41%	1.64%	1.64%	1.09%	1.09%	0.98%	-0.08%	-1.72%	1.25%	-1.72%	1.25%	0.73%	-Infinity%	0.73%	-Infinity%	-0.70%	-10.71%	-38.24%	-3.57%	-3.42%	0%	1.47%	-1.71%	-1.71%	1.29%	1.29%	3.04%	3.40%	2.86%	4.09%	5.22%
attributable to:
equity holders of constellium	112,000,000	88,000,000	36,000,000	37,000,000	2,000,000	71,000,000	71,000,000	16,000,000	10,000,000	10,000,000	64,000,000	31,000,000	31,000,000	20,000,000	28,000,000	130,000,000	-34,000,000	-34,000,000	177,000,000	7,000,000	97,000,000	107,000,000	107,000,000	46,000,000	46,000,000	24,000,000	19,000,000	19,000,000	-33,000,000	-33,000,000	-31,000,000	-31,000,000	20,000,000	20,000,000		16,000,000	23,000,000	-58,000,000	-59,000,000	216,000,000	55,000,000	55,000,000	-24,000,000	-81,000,000	-81,000,000	21,000,000	21,000,000	16,000,000	16,000,000	13,000,000	-4,000,000	-20,000,000	15,000,000	-20,000,000	15,000,000	9,000,000		9,000,000		-8,000,000	-554,000,000
non-controlling interests	1,000,000			1,000,000	1,000,000			1,000,000	1,000,000	1,000,000		1,000,000	1,000,000	2,000,000	2,000,000	1,000,000	2,000,000	2,000,000	2,000,000		2,000,000	1,000,000	1,000,000	2,000,000	2,000,000	2,000,000	1,000,000	1,000,000	1,000,000	1,000,000			2,000,000	2,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000				1,000,000	-250,000				-1,000,000												2,000,000	1,000,000			1,000,000	3,000,000	1,000,000	1,000,000	1,000,000	1,000,000		1,000,000	2,000,000	1,000,000
earnings per share attributable to the equity holders of constellium
basic	0.81	0.63	0.25		0.02	0.48	0.21	0.11	0.07	1.31	0.44	0.21	-0.24	0.14	0.2	0.9	-0.24	0.76	1.25	0.05	0.68	0.76	-0.24	0.33	0.33	0.18		0.13	-0.24			-0.22	0.14	0.073			0.17	-0.43	0.46	1.61		0.41		-0.65			0.2
diluted	0.79	0.62	0.25		0.02	0.48	0.21	0.11	0.07	1.29	0.43	0.21	-0.24	0.14	0.2	0.88	-0.24	0.73	1.2	0.05	0.65	0.73	-0.24	0.32	0.32	0.17		0.13	-0.24			-0.22	0.14	0.07			0.17	-0.43	0.44	1.54		0.39		-0.65			0.2
gross profit					114,000,000	190,000,000	190,000,000	161,000,000	178,000,000	178,000,000	158,000,000	213,000,000	213,000,000	161,000,000	107,000,000	133,000,000	215,000,000	215,000,000	217,000,000	155,000,000	168,000,000	199,000,000	199,000,000	142,000,000	142,000,000	134,000,000	120,000,000	120,000,000	69,000,000	69,000,000	153,000,000	153,000,000	131,000,000	131,000,000	145,000,000	182,000,000	144,000,000	110,000,000	121,000,000	113,000,000	171,000,000	171,000,000	133,000,000	110,000,000	110,000,000	139,000,000	139,000,000	150,000,000	150,000,000	140,000,000	516,000,000	122,000,000	140,000,000	122,000,000	140,000,000	140,000,000	17,380,000	140,000,000	-17,291,000	114,000,000	450,000,000	105,000,000	96,000,000	92,000,000	141,000,000	483,000,000	108,000,000	108,000,000	128,000,000	128,000,000	130,000,000	117,000,000	471,000,000	102,000,000	114,000,000
yoy					-35.96%	6.74%	20.25%	-24.41%	-16.43%	10.56%	47.66%	60.15%	-0.93%	-25.12%	-50.69%	-14.19%	27.98%	8.04%	9.05%	9.15%	18.31%	48.51%	65.83%	18.33%	105.80%	94.20%	-21.57%	-21.57%	-47.33%	-47.33%	5.52%	-15.93%	-9.03%	19.09%	19.83%	61.06%	-15.79%	-35.67%	-9.02%	2.73%	55.45%	23.02%	-4.32%	-26.67%	-26.67%	-0.71%	-73.06%	22.95%	7.14%	14.75%	268.57%	-12.86%	705.52%	-12.86%	-909.67%	22.81%	-96.14%	33.33%	-118.01%	23.91%	219.15%	-78.26%	-11.11%	-14.81%	10.16%	277.34%	-16.92%	-7.69%	-72.82%	25.49%	14.04%
qoq					-40.00%	0.00%	18.01%	-9.55%	0.00%	12.66%	-25.82%	0.00%	32.30%	50.47%	-19.55%	-38.14%	0.00%	-0.92%	40.00%	-7.74%	-15.58%	0.00%	40.14%	0.00%	5.97%	11.67%	0.00%	73.91%	0.00%	-54.90%	0.00%	16.79%	0.00%	-9.66%	-20.33%	26.39%	30.91%	-9.09%	7.08%	-33.92%	0.00%	28.57%	20.91%	0.00%	-20.86%	0.00%	-7.33%	0.00%	7.14%	-72.87%	322.95%	-12.86%	14.75%	-12.86%	0.00%	705.52%	-87.59%	-909.67%	-115.17%	-74.67%	328.57%	9.38%	4.35%	-34.75%	-70.81%	347.22%	0.00%	-15.63%	0.00%	-1.54%	11.11%	-75.16%	361.76%	-10.53%
gross margin %	0%	0%	0%	0%	6.96%	10.58%	10.58%	9.30%	11.04%	11.04%	9.19%	10.92%	10.92%	8.23%	5.80%	6.58%	9.45%	9.45%	10.97%	9.09%	10.59%	13.11%	13.11%	10.59%	10.59%	10.78%	10.24%	10.24%	6.69%	6.69%	10.65%	10.65%	9.55%	9.55%	9.92%	11.83%	9.38%	7.87%	8.66%	7.91%	11.60%	11.60%	9.60%	8.81%	8.81%	10.87%	10.87%	10.85%	10.85%	10.54%	10.88%	10.51%	11.68%	10.51%	11.68%	11.35%	Infinity%	11.35%	-Infinity%	9.91%	8.73%	9.36%	7.63%	6.69%	10.12%	13.18%	11.54%	11.54%	13.81%	13.81%	14.13%	13.25%	13.48%	12.66%	13.23%
income from operations					44,000,000	127,000,000	127,000,000	58,000,000	78,000,000	78,000,000	118,000,000	79,000,000	79,000,000	62,000,000	60,000,000	30,000,000	-4,000,000	-4,000,000	248,000,000	50,000,000	153,000,000	167,000,000	167,000,000	114,000,000	114,000,000	56,000,000	64,000,000	64,000,000	-1,000,000	-1,000,000	6,000,000	6,000,000	55,000,000	55,000,000	51,000,000	69,000,000	80,000,000	-13,000,000	-1,000,000	263,000,000	125,000,000	125,000,000	17,000,000	68,000,000	68,000,000	80,000,000	80,000,000	73,000,000	73,000,000	100,000,000	246,000,000	29,000,000	84,000,000	29,000,000	84,000,000	80,000,000		80,000,000		53,000,000	-426,000,000			-3,000,000		150,000,000	-10,000,000	-10,000,000	34,000,000	34,000,000	70,000,000	56,000,000	209,000,000	38,000,000	69,000,000
yoy					-43.59%	62.82%	7.63%	-26.58%	-1.27%	25.81%	96.67%	163.33%	-2075.00%	-1650.00%	-75.81%	-40.00%	-102.61%	-102.40%	48.50%	-56.14%	34.21%	198.21%	160.94%	78.13%	-11500.00%	-5700.00%	966.67%	966.67%	-101.82%	-101.82%	-88.24%	-91.30%	-31.25%	-523.08%	-5200.00%	-73.76%	-36.00%	-110.40%	-105.88%	286.76%	83.82%	56.25%	-78.75%	-6.85%	-6.85%	-20.00%	-67.48%	151.72%	-13.10%	244.83%	192.86%	-63.75%		-63.75%		50.94%				-1866.67%				-70.00%		341.18%	-114.29%	-117.86%	-83.73%	-10.53%	1.45%
qoq					-65.35%	0.00%	118.97%	-25.64%	0.00%	-33.90%	49.37%	0.00%	27.42%	3.33%	100.00%	-850.00%	0.00%	-101.61%	396.00%	-67.32%	-8.38%	0.00%	46.49%	0.00%	103.57%	-12.50%	0.00%	-6500.00%	0.00%	-116.67%	0.00%	-89.09%	0.00%	7.84%	-26.09%	-13.75%	-715.38%	1200.00%	-100.38%	110.40%	0.00%	635.29%	-75.00%	0.00%	-15.00%	0.00%	9.59%	0.00%	-27.00%	-59.35%	748.28%	-65.48%	189.66%	-65.48%	5.00%					-112.44%						-1600.00%	0.00%	-129.41%	0.00%	-51.43%	25.00%	-73.21%	450.00%	-44.93%
operating margin %	0%	0%	0%	0%	2.68%	7.08%	7.08%	3.35%	4.84%	4.84%	6.86%	4.05%	4.05%	3.17%	3.25%	1.48%	-0.18%	-0.18%	12.53%	2.93%	9.64%	11.00%	11.00%	8.50%	8.50%	4.51%	5.46%	5.46%	-0.10%	-0.10%	0.42%	0.42%	4.01%	4.01%	3.49%	4.49%	5.21%	-0.93%	-0.07%	18.42%	8.48%	8.48%	1.23%	5.45%	5.45%	6.25%	6.25%	5.28%	5.28%	7.53%	5.19%	2.50%	7.01%	2.50%	7.01%	6.49%	NaN%	6.49%	NaN%	4.61%	-8.27%	0%	0%	-0.22%	0%	4.09%	-1.07%	-1.07%	3.67%	3.67%	7.61%	6.34%	5.98%	4.71%	8.00%
net income attributable to:
earnings per share attributable to the equity holders of constellium,
basic	0.81	0.63	0.25		0.02	0.48	0.21	0.11	0.07	1.31	0.44	0.21	-0.24	0.14	0.2	0.9	-0.24	0.76	1.25	0.05	0.68	0.76	-0.24	0.33	0.33	0.18		0.13	-0.24			-0.22	0.14	0.073			0.17	-0.43	0.46	1.61		0.41		-0.65			0.2
diluted	0.79	0.62	0.25		0.02	0.48	0.21	0.11	0.07	1.29	0.43	0.21	-0.24	0.14	0.2	0.88	-0.24	0.73	1.2	0.05	0.65	0.73	-0.24	0.32	0.32	0.17		0.13	-0.24			-0.22	0.14	0.07			0.17	-0.43	0.44	1.54		0.39		-0.65			0.2
weighted-average number of shares,
basic					145,492	146,272	146,543,148	146,796	146,820	143,625,764	146,820	146,543	144,186,241	144,302	144,302	144,302	144,186	140,636,684	141,677	141,677	141,677	140,637	137,901,336	139,962,672	139,963	139,963		139,209	137,901			137,867	137,593		137,131		135,984	135,319		134,685		134,562	134,473	123,837			105,663
diluted					147,438	149,040	148,190,856	149,842	149,236	146,605,716	148,704	148,191	144,186,241	147,312	146,606	146,759	144,186	146,730,106	147,525	147,170	147,148	146,730	137,901,336	145,896,454	145,896	145,142		143,002	137,901			137,867	142,646		141,911		138,912	135,319		140,376		139,034	134,473	123,837			108,823
weighted-average number of shares
basic					145,492	146,272	146,543,148	146,796	146,820	143,625,764	146,820	146,543	144,186,241	144,302	144,302	144,302	144,186	140,636,684	141,677	141,677	141,677	140,637	137,901,336	139,962,672	139,963	139,963		139,209	137,901			137,867	137,593		137,131		135,984	135,319		134,685		134,562	134,473	123,837			105,663
diluted					147,438	149,040	148,190,856	149,842	149,236	146,605,716	148,704	148,191	144,186,241	147,312	146,606	146,759	144,186	146,730,106	147,525	147,170	147,148	146,730	137,901,336	145,896,454	145,896	145,142		143,002	137,901			137,867	142,646		141,911		138,912	135,319		140,376		139,034	134,473	123,837			108,823
income tax benefit									-32,000,000	-32,000,000	-18,000,000	-12,000,000	-12,000,000		3,000,000	137,000,000	4,000,000	4,000,000		-2,000,000	-20,000,000	-22,000,000	-22,000,000	-11,000,000	-11,000,000	5,000,000	-7,000,000	-7,000,000	11,000,000	11,000,000																					-69,000,000	-6,000,000	-18,000,000	-6,000,000	-18,000,000	-26,000,000		-26,000,000		-19,000,000	32,000,000	26,000,000	-3,000,000	-8,000,000			6,000,000						-39,000,000
weighted-average shares, in thousands
basic					145,492	146,272	146,543,148	146,796	146,820	143,625,764	146,820	146,543	144,186,241	144,302	144,302	144,302	144,186	140,636,684	141,677	141,677	141,677	140,637	137,901,336	139,962,672	139,963	139,963		139,209	137,901			137,867	137,593		137,131		135,984	135,319		134,685		134,562	134,473	123,837			105,663
diluted					147,438	149,040	148,190,856	149,842	149,236	146,605,716	148,704	148,191	144,186,241	147,312	146,606	146,759	144,186	146,730,106	147,525	147,170	147,148	146,730	137,901,336	145,896,454	145,896	145,142		143,002	137,901			137,867	142,646		141,911		138,912	135,319		140,376		139,034	134,473	123,837			108,823
income before income tax																								59,000,000	59,000,000	21,000,000	27,000,000	27,000,000	-43,000,000	-43,000,000	-39,000,000	-39,000,000	12,000,000	12,000,000	5,000,000	26,000,000	39,000,000	-55,000,000	-56,000,000	218,000,000	80,000,000	80,000,000	-20,000,000	-56,000,000	-56,000,000	38,000,000	38,000,000	27,000,000	27,000,000	40,000,000	65,000,000	-14,000,000	33,000,000	-14,000,000	33,000,000	35,000,000		35,000,000		11,000,000	-584,000,000	-455,000,000	-42,000,000	-39,000,000		91,000,000	-22,000,000	-22,000,000	24,000,000	24,000,000	43,000,000	46,000,000	135,000,000	29,000,000	62,000,000
other gains and losses—net																									43,000,000	-9,000,000
finance costs—net																									-55,000,000	-35,000,000							-40,000,000								-36,000,000		-34,000,000		-116,000,000	-34,000,000	-34,000,000					-37,000,000	-45,000,000								-155,000,000							-12,000,000	-10,000,000
share of income of joint-ventures																																	-3,000,000	-3,000,000			5,000,000
earnings per share attributable to the equity holders of constellium, in euros per share
basic	0.81	0.63	0.25		0.02	0.48	0.21	0.11	0.07	1.31	0.44	0.21	-0.24	0.14	0.2	0.9	-0.24	0.76	1.25	0.05	0.68	0.76	-0.24	0.33	0.33	0.18		0.13	-0.24			-0.22	0.14	0.073			0.17	-0.43	0.46	1.61		0.41		-0.65			0.2
diluted	0.79	0.62	0.25		0.02	0.48	0.21	0.11	0.07	1.29	0.43	0.21	-0.24	0.14	0.2	0.88	-0.24	0.73	1.2	0.05	0.65	0.73	-0.24	0.32	0.32	0.17		0.13	-0.24			-0.22	0.14	0.07			0.17	-0.43	0.44	1.54		0.39		-0.65			0.2
restructuring costs																											-2,000,000	-2,000,000	-11,000,000	-11,000,000			-2,000,000	-2,000,000	-1,000,000	-1,000,000				-1,000,000				-1,000,000	-1,000,000	-1,000,000	-1,000,000			-2,000,000	-5,000,000		-1,000,000		-1,000,000	-4,000,000		-4,000,000			-8,000,000	20,000,000	-7,000,000	-5,000,000		-12,000,000	-5,000,000	-5,000,000	-2,000,000	-2,000,000	-2,000,000	-3,000,000	-8,000,000	-2,000,000	-4,000,000
income attributable to:
non-controlling interests	1,000,000			1,000,000	1,000,000			1,000,000	1,000,000	1,000,000		1,000,000	1,000,000	2,000,000	2,000,000	1,000,000	2,000,000	2,000,000	2,000,000		2,000,000	1,000,000	1,000,000	2,000,000	2,000,000	2,000,000	1,000,000	1,000,000	1,000,000	1,000,000			2,000,000	2,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000				1,000,000	-250,000				-1,000,000												2,000,000	1,000,000			1,000,000	3,000,000	1,000,000	1,000,000	1,000,000	1,000,000		1,000,000	2,000,000	1,000,000
basic																											130,000			-240,000	-220,000					120,000									120,000	200,000		150,000	150,000	120,000	-40,000	-190,000	150,000	-190,000	150,000	80,000		80,000				-295,000	-430,000	-450,000
diluted																											130,000			-240,000	-220,000					110,000									115,000	200,000		150,000	150,000	120,000	-40,000	-190,000	140,000	-190,000	140,000	80,000		80,000				-295,000	-430,000	-450,000
other gains - net																													5,000,000	5,000,000	-68,000,000	-68,000,000		10,000,000	-15,000,000		16,000,000	-47,000,000	50,250,000	224,000,000		24,000,000		27,000,000					-7,000,000	38,000,000	21,000,000			-19,000,000	19,000,000			12,000,000		9,000,000				-19,000,000		-83,000,000	-52,000,000			-33,000,000	-1,000,000	3,000,000		-2,500,000	21,000,000
tax income																															8,000,000	8,000,000
other gains—net																																	10,000,000								24,000,000		-47,000,000		27,000,000	12,000,000	12,000,000					-19,000,000	19,000,000								-131,000,000							-52,000,000	-33,000,000
other gains – net																																				-30,000,000																				12,000,000
finance costs – net																																				-43,000,000																				-44,000,000																-9,000,000	-50,000,000
share of loss of joint-ventures																																						-10,000,000	-11,000,000	-10,000,000	-9,000,000	-9,000,000	-3,000,000	-8,000,000	-8,000,000	-8,000,000	-8,000,000		-7,000,000	-6,000,000	-14,000,000	-6,000,000	-6,000,000	-6,000,000	-6,000,000	-1,000,000		-1,000,000		-1,000,000
earnings per share attributable to the equity holders of
constellium, in euros per share
basic																																											-0.18
diluted																																											-0.18
earnings per share attributable to the equity holders of constellium, in euros
basic	0.81	0.63	0.25		0.02	0.48	0.21	0.11	0.07	1.31	0.44	0.21	-0.24	0.14	0.2	0.9	-0.24	0.76	1.25	0.05	0.68	0.76	-0.24	0.33	0.33	0.18		0.13	-0.24			-0.22	0.14	0.073			0.17	-0.43	0.46	1.61		0.41		-0.65			0.2
diluted	0.79	0.62	0.25		0.02	0.48	0.21	0.11	0.07	1.29	0.43	0.21	-0.24	0.14	0.2	0.88	-0.24	0.73	1.2	0.05	0.65	0.73	-0.24	0.32	0.32	0.17		0.13	-0.24			-0.22	0.14	0.07			0.17	-0.43	0.44	1.54		0.39		-0.65			0.2
impairment																																																													-457,000,000
finance income																																																					6,000,000			23,000,000				21,000,000	71,000,000	-10,000,000	4,000,000	23,000,000	55,000,000	30,000,000	9,000,000	9,000,000	21,000,000	21,000,000			17,000,000	-1,000,000	7,000,000
finance costs																																																					-51,000,000			-67,000,000				-62,000,000	-226,000,000	-26,000,000	-44,000,000	-59,000,000	-98,000,000	-88,000,000	-21,000,000	-21,000,000	-31,000,000	-31,000,000	-27,000,000	-9,000,000	-67,000,000	-5,000,000	-17,000,000
net sales																																																									298,050,000		240,644,000
operating expenses
selling, general and administrative expenses																																																									3,875,000		1,247,000
transaction costs
operating income																																																									13,505,000		-18,538,000
other income
interest expense																																																									16,188,000		16,417,000
(gain) loss on derivative instruments																																																									-82,000
total other income																																																									16,106,000		16,560,000
total other comprehensive income
comprehensive loss																																																									-2,601,000
statement of operations data:
gain on derivative instruments																																																											143,000
loss on extinguishment of debt
accretion of redeemable preferred member interest
net (loss) attributable to common members																																																											-35,098,000
balance sheet data
cash and cash equivalents																																																											43,043,000
property and equipment																																																											280,074,000
total assets																																																											577,121,000
total debt																																																											714,649,000
total member’s deficit																																																											-338,540,000
working capital																																																											107,163,000
net loss attributable to:
from continuing and discontinued operations
basic																																																												-80,000	-5,270,000					480,000	-170,000			110,000	260,000	280,000	1,000,000	999,999.31	0.43
diluted																																																												-80,000	-5,270,000					480,000	-170,000			110,000	260,000	280,000	990,000	989,999.31	0.43
other expenses																																																																			1,000,000	-250,000				-1,000,000	-27,000,000	-3,000,000
share of profit of joint-ventures																																																													-3,000,000					-1,000,000	-1,000,000						3,000,000		3,000,000
net income from continuing operations																																																													-552,000,000					54,000,000	-16,000,000	-16,000,000	12,000,000	12,000,000	28,000,000	30,000,000	96,000,000	33,000,000	41,000,000
net income from discontinued operations																																																																									4,000,000		4,000,000
net income for the period																																																													-552,000,000					54,000,000	-16,000,000	-16,000,000	12,000,000	12,000,000	28,000,000			16,750,000	45,000,000
from continuing operations
from discontinued operations
basic																																																																									40,000	39,999.96	0.04
diluted																																																																									40,000	39,999.96	0.04
other losses - net																																																														-27,750,000	-23,000,000
loss / income from operations																																																														-2,000,000	-1,000,000
share of losses of joint-ventures																																																														-500,000	-1,000,000
owners of the company																																																														-31,000,000	-45,000,000	-47,000,000	-32,000,000	51,000,000	-17,000,000	-17,000,000	11,000,000	11,000,000	28,000,000	29,000,000	98,000,000	32,000,000	45,000,000
other (losses) / gains - net																																																																	-69,000,000
(loss) / income from operations																																																																	-4,000,000
other incomes
share of (loss) of joint-ventures																																																																	-1,000,000
(loss) / income before income tax																																																																	-48,000,000
income tax benefit /																																																																	17,000,000
net (loss) / income from continuing operations																																																																	-31,000,000
discontinued operations
net (loss) / income for the period																																																																	-31,000,000
net (loss) / income attributable to:
net (loss) / income																																																																	-31,000,000
other gains- net																																																																									-8,000,000
earnings per share attributable to the equity holders of the company

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-10-23	2024-09-30	2024-07-23	2024-06-30	2024-04-24	2024-03-31	2024-02-21	2023-12-31	2023-10-25	2023-09-30	2023-07-26	2023-06-30	2023-04-26	2023-03-31	2023-02-22	2022-12-31	2022-10-26	2022-09-30	2022-07-27	2022-06-30	2022-04-27	2022-03-31	2022-02-23	2021-12-31	2021-10-27	2021-09-30	2021-07-28	2021-06-30	2021-05-17	2021-04-28	2021-03-31	2021-02-25	2021-02-09	2020-12-31	2020-10-27	2020-09-30	2020-07-22	2020-06-30	2020-06-16	2020-04-29	2020-03-31	2020-02-20	2019-12-31	2019-10-23	2019-09-30	2019-07-25	2019-06-30	2019-04-24	2019-03-31	2019-02-21	2018-12-31	2018-10-25	2018-09-30	2018-07-25	2018-07-24	2018-06-30	2018-04-26	2018-03-31	2018-02-22	2017-12-31	2017-10-30	2017-10-26	2017-09-30	2017-07-28	2017-07-27	2017-06-30	2017-04-27	2017-03-31	2017-03-10	2017-03-09	2017-02-01	2016-12-31	2016-11-10	2016-09-30	2016-08-05	2016-08-02	2016-06-30	2016-05-12	2016-03-31	2016-03-15	2015-12-31	2015-11-05	2015-09-30	2015-08-12	2015-06-30	2015-05-14	2015-03-31	2015-03-27	2015-03-12	2014-12-31	2014-12-04	2014-11-19	2014-09-30	2014-08-28	2014-06-30	2014-05-16	2014-03-31	2014-03-20	2013-12-31	2013-11-14	2013-08-30	2013-08-29	2013-06-17

assets
current assets																																																																																									1,833,000,000	1,833,000,000
cash and cash equivalents	143,000,000	120,000,000	122,000,000	133,000,000	118,000,000	152,000,000	152,000,000	213,000,000	213,000,000	180,000,000	180,000,000	202,000,000	202,000,000	159,000,000	159,000,000	178,000,000	178,000,000	193,000,000	193,000,000	166,000,000	166,000,000	171,000,000	171,000,000	156,000,000	156,000,000	160,000,000	160,000,000	147,000,000	147,000,000	323,000,000	323,000,000	290,000,000	290,000,000	342,000,000	342,000,000	342,000,000	439,000,000	432,000,000	439,000,000	432,000,000	432,000,000	378,000,000	378,000,000	270,000,000	270,000,000	270,000,000	184,000,000	184,000,000	152,000,000	152,000,000	213,000,000	213,000,000	222,000,000	222,000,000	164,000,000	164,000,000	279,000,000	279,000,000	166,000,000	166,000,000	166,000,000	211,000,000	211,000,000	269,000,000	269,000,000	300,000,000	300,000,000	300,000,000	286,000,000	286,000,000	286,000,000	309,000,000	309,000,000	347,000,000	347,000,000	618,000,000	347,000,000	618,000,000	618,000,000	622,000,000	622,000,000	622,000,000	625,000,000	625,000,000	472,000,000	472,000,000	331,000,000	331,000,000	369,000,000	369,000,000	352,000,000	352,000,000	989,000,000	989,000,000	989,000,000	568,000,000	426,000,000	426,000,000	403,000,000	403,000,000	179,000,000	179,000,000	233,000,000	233,000,000	199,000,000	163,000,000	163,000,000	165,000,000
trade receivables and other	1,005,000,000	723,000,000	819,000,000	805,000,000	818,000,000	591,000,000	591,000,000	693,000,000	693,000,000	655,000,000	655,000,000	490,000,000	490,000,000	642,000,000	642,000,000	765,000,000	765,000,000	770,000,000	770,000,000	539,000,000	539,000,000	822,000,000	822,000,000	1,027,000,000	1,027,000,000	927,000,000	927,000,000	683,000,000	683,000,000	689,000,000	689,000,000	669,000,000	669,000,000	533,000,000	533,000,000	533,000,000	406,000,000	467,000,000	406,000,000	467,000,000	467,000,000	451,000,000	451,000,000	545,000,000	545,000,000	545,000,000	474,000,000	474,000,000	625,000,000	625,000,000	630,000,000	630,000,000	682,000,000	682,000,000	587,000,000	587,000,000	595,000,000	595,000,000	656,000,000	656,000,000	656,000,000	577,000,000	577,000,000	419,000,000	419,000,000	435,000,000	435,000,000	435,000,000	520,000,000	520,000,000	520,000,000	469,000,000	469,000,000	355,000,000	355,000,000	45,000,000	355,000,000	45,000,000	45,000,000	57,000,000	57,000,000	57,000,000	58,000,000	58,000,000	53,000,000	53,000,000	72,000,000	72,000,000	48,000,000	48,000,000	54,000,000	54,000,000	48,000,000	48,000,000	48,000,000		57,000,000	57,000,000	57,000,000	57,000,000	56,000,000	56,000,000	60,000,000	60,000,000	67,000,000	51,000,000	51,000,000	63,000,000
inventories	1,671,000,000	1,407,000,000	1,366,000,000	1,328,000,000	1,278,000,000	1,138,000,000	1,138,000,000	1,134,000,000	1,134,000,000	1,088,000,000	1,088,000,000	1,098,000,000	1,098,000,000	1,137,000,000	1,137,000,000	1,149,000,000	1,149,000,000	1,229,000,000	1,229,000,000	1,320,000,000	1,320,000,000	1,383,000,000	1,383,000,000	1,360,000,000	1,360,000,000	1,318,000,000	1,318,000,000	1,050,000,000	1,050,000,000	935,000,000	935,000,000	802,000,000	802,000,000	703,000,000	703,000,000	703,000,000	582,000,000	607,000,000	582,000,000	607,000,000	607,000,000	635,000,000	635,000,000	694,000,000	694,000,000	694,000,000	670,000,000	670,000,000	693,000,000	693,000,000	713,000,000	713,000,000	708,000,000	708,000,000	660,000,000	660,000,000	697,000,000	697,000,000	745,000,000	745,000,000	745,000,000	667,000,000	667,000,000	643,000,000	643,000,000	612,000,000	612,000,000	612,000,000	607,000,000	607,000,000	607,000,000	615,000,000	615,000,000	591,000,000	591,000,000	559,000,000	591,000,000	559,000,000	559,000,000	526,000,000	526,000,000	526,000,000	555,000,000	555,000,000	542,000,000	542,000,000	559,000,000	559,000,000	622,000,000	622,000,000	707,000,000	707,000,000	432,000,000	432,000,000	432,000,000	604,000,000	413,000,000	413,000,000	365,000,000	365,000,000	343,000,000	343,000,000	328,000,000	328,000,000	369,000,000	391,000,000	391,000,000	410,000,000
fair value of derivatives instruments and other financial assets	132,000,000	72,000,000	46,000,000	46,000,000	22,000,000
total current assets	2,951,000,000	2,322,000,000	2,353,000,000	2,312,000,000	2,236,000,000
non-current assets																																																																																									2,307,000,000	2,307,000,000
property, plant and equipment	2,524,000,000	2,585,000,000	2,572,000,000	2,564,000,000	2,456,000,000	2,077,000,000	2,077,000,000	2,084,000,000	2,084,000,000	2,051,000,000	2,051,000,000	2,047,000,000	2,047,000,000	2,020,000,000	2,020,000,000	1,993,000,000	1,993,000,000	2,001,000,000	2,001,000,000	2,017,000,000	2,017,000,000	2,057,000,000	2,057,000,000	1,994,000,000	1,994,000,000	1,943,000,000	1,943,000,000	1,948,000,000	1,948,000,000	1,897,000,000	1,897,000,000	1,895,000,000	1,895,000,000	1,917,000,000	1,917,000,000	1,917,000,000	1,906,000,000	1,971,000,000	1,906,000,000	1,971,000,000	1,971,000,000	2,031,000,000	2,031,000,000	2,078,000,000	2,078,000,000	2,078,000,000	2,056,000,000	2,056,000,000	2,040,000,000	2,040,000,000	1,981,000,000	1,981,000,000	1,961,000,000	1,961,000,000	1,666,000,000	1,666,000,000	1,570,000,000	1,570,000,000	1,545,000,000	1,545,000,000	1,545,000,000	1,497,000,000	1,497,000,000	1,517,000,000	1,517,000,000	1,460,000,000	1,460,000,000	1,460,000,000	1,463,000,000	1,463,000,000	1,463,000,000	1,489,000,000	1,489,000,000	1,477,000,000	1,477,000,000	1,363,000,000	1,477,000,000	1,363,000,000	1,363,000,000	1,333,000,000	1,333,000,000	1,333,000,000	1,269,000,000	1,269,000,000	1,255,000,000	1,255,000,000	1,488,000,000	1,488,000,000	1,437,000,000	1,437,000,000	1,441,000,000	1,441,000,000	632,000,000	632,000,000	632,000,000	1,181,000,000	540,000,000	540,000,000	464,000,000	464,000,000	433,000,000	433,000,000	408,000,000	408,000,000	374,000,000	351,000,000	351,000,000	323,000,000
goodwill	47,000,000	47,000,000	47,000,000	47,000,000	46,000,000	461,000,000	461,000,000	477,000,000	477,000,000	472,000,000	472,000,000	462,000,000	462,000,000	482,000,000	482,000,000	470,000,000	470,000,000	469,000,000	469,000,000	478,000,000	478,000,000	522,000,000	522,000,000	491,000,000	491,000,000	460,000,000	460,000,000	451,000,000	451,000,000	441,000,000	441,000,000	430,000,000	430,000,000	436,000,000	436,000,000	436,000,000	417,000,000	437,000,000	417,000,000	437,000,000	437,000,000	456,000,000	456,000,000	466,000,000	466,000,000	466,000,000	455,000,000	455,000,000	467,000,000	467,000,000	447,000,000	447,000,000	453,000,000	453,000,000	422,000,000	422,000,000	417,000,000	417,000,000	414,000,000	414,000,000	414,000,000	393,000,000	393,000,000	403,000,000	403,000,000	409,000,000	409,000,000	409,000,000	423,000,000	423,000,000	423,000,000	451,000,000	451,000,000	457,000,000	457,000,000	432,000,000	457,000,000	432,000,000	432,000,000	434,000,000	434,000,000	434,000,000	424,000,000	424,000,000	443,000,000	443,000,000	415,000,000	415,000,000	362,000,000	362,000,000	376,000,000	376,000,000				290,000,000
intangible assets	84,000,000	88,000,000	90,000,000	93,000,000	94,000,000	42,000,000	42,000,000	45,000,000	45,000,000	45,000,000	45,000,000	47,000,000	47,000,000	50,000,000	50,000,000	50,000,000	50,000,000	51,000,000	51,000,000	54,000,000	54,000,000	57,000,000	57,000,000	57,000,000	57,000,000	57,000,000	57,000,000	58,000,000	58,000,000	62,000,000	62,000,000	59,000,000	59,000,000	61,000,000	61,000,000	61,000,000	61,000,000	64,000,000	61,000,000	64,000,000	64,000,000	68,000,000	68,000,000	70,000,000	70,000,000	70,000,000	70,000,000	70,000,000	71,000,000	71,000,000	68,000,000	68,000,000	70,000,000	70,000,000	70,000,000	70,000,000	68,000,000	68,000,000	68,000,000	68,000,000	68,000,000	66,000,000	66,000,000	68,000,000	68,000,000	74,000,000	74,000,000	74,000,000	77,000,000	77,000,000	77,000,000	77,000,000	77,000,000	79,000,000	79,000,000	72,000,000	79,000,000	72,000,000	72,000,000	74,000,000	74,000,000	74,000,000	74,000,000	74,000,000	78,000,000	78,000,000	154,000,000	154,000,000	155,000,000	155,000,000	158,000,000	158,000,000	28,000,000	28,000,000	28,000,000	149,000,000	27,000,000	27,000,000	24,000,000	24,000,000	22,000,000	22,000,000	21,000,000	21,000,000	14,000,000	13,000,000	13,000,000	11,000,000
deferred tax assets	202,000,000	270,000,000	257,000,000	291,000,000	294,000,000	227,000,000	227,000,000	234,000,000	234,000,000	228,000,000	228,000,000	252,000,000	252,000,000	228,000,000	228,000,000	238,000,000	238,000,000	243,000,000	243,000,000	271,000,000	271,000,000	275,000,000	275,000,000	124,000,000	124,000,000	124,000,000	124,000,000	162,000,000	162,000,000	150,000,000	150,000,000	162,000,000	162,000,000	179,000,000	179,000,000	179,000,000	193,000,000		193,000,000
fair value of derivatives instruments	4,000,000	11,000,000	18,000,000	21,000,000	4,000,000
total non-current assets	2,894,000,000	3,032,000,000	3,022,000,000	3,056,000,000	2,932,000,000
total assets	5,845,000,000	5,354,000,000	5,375,000,000	5,368,000,000	5,168,000,000	4,762,000,000	4,762,000,000	4,939,000,000	4,939,000,000	4,772,000,000	4,772,000,000	4,661,000,000	4,661,000,000	4,795,000,000	4,795,000,000	4,949,000,000	4,949,000,000	5,036,000,000	5,036,000,000	4,941,000,000	4,941,000,000	5,405,000,000	5,405,000,000	5,329,000,000	5,329,000,000	5,173,000,000	5,173,000,000	4,624,000,000	4,624,000,000	4,671,000,000	4,671,000,000	4,455,000,000	4,455,000,000	4,309,000,000	4,309,000,000	4,309,000,000	4,129,000,000	4,295,000,000	4,129,000,000	4,295,000,000	4,295,000,000	4,347,000,000	4,347,000,000	4,430,000,000	4,430,000,000	4,430,000,000	4,184,000,000	4,184,000,000	4,340,000,000	4,340,000,000	4,301,000,000	4,301,000,000	4,352,000,000	4,352,000,000	3,901,000,000	3,901,000,000	3,931,000,000	3,931,000,000	3,922,000,000	3,922,000,000	3,922,000,000	3,753,000,000	3,753,000,000	3,711,000,000	3,711,000,000	3,682,000,000	3,682,000,000	3,682,000,000	3,764,000,000	3,764,000,000	3,764,000,000	3,862,000,000	3,862,000,000	3,787,000,000	3,787,000,000	3,916,000,000	3,787,000,000	3,916,000,000	3,916,000,000	3,883,000,000	3,883,000,000	3,883,000,000	3,875,000,000	3,875,000,000	3,628,000,000	3,628,000,000	3,975,000,000	3,975,000,000	4,154,000,000	4,154,000,000	4,328,000,000	4,328,000,000	3,012,000,000	3,012,000,000	3,012,000,000	3,748,000,000	2,285,000,000	2,285,000,000	2,125,000,000	2,125,000,000	1,813,000,000	1,813,000,000	1,764,000,000	1,764,000,000	1,819,000,000	1,849,000,000	1,849,000,000	1,840,000,000
liabilities
current liabilities																																																																																									1,337,000,000	1,337,000,000
trade payables and other	1,973,000,000	1,674,000,000	1,711,000,000	1,717,000,000	1,665,000,000	1,386,000,000	1,386,000,000	1,431,000,000	1,431,000,000	1,362,000,000	1,362,000,000	1,263,000,000	1,263,000,000	1,354,000,000	1,354,000,000	1,461,000,000	1,461,000,000	1,544,000,000	1,544,000,000	1,467,000,000	1,467,000,000	1,690,000,000	1,690,000,000	1,784,000,000	1,784,000,000	1,723,000,000	1,723,000,000	1,377,000,000	1,377,000,000	1,332,000,000	1,332,000,000	1,255,000,000	1,255,000,000	1,127,000,000	1,127,000,000	1,127,000,000	905,000,000	1,010,000,000	905,000,000	1,010,000,000	1,010,000,000	1,003,000,000	1,003,000,000	1,166,000,000	1,166,000,000	1,166,000,000	999,000,000	999,000,000	1,110,000,000	1,110,000,000	1,120,000,000	1,120,000,000	1,153,000,000	1,153,000,000	968,000,000	968,000,000	1,007,000,000	1,007,000,000	1,096,000,000	1,096,000,000	1,096,000,000	1,006,000,000	1,006,000,000	930,000,000	930,000,000	943,000,000	943,000,000	943,000,000	989,000,000	989,000,000	989,000,000	968,000,000	968,000,000	839,000,000	839,000,000	53,000,000	839,000,000	53,000,000	53,000,000	54,000,000	54,000,000	54,000,000	57,000,000	57,000,000	54,000,000	54,000,000	54,000,000	54,000,000	46,000,000	46,000,000	42,000,000	42,000,000	31,000,000	31,000,000	31,000,000		34,000,000	34,000,000	33,000,000	33,000,000	35,000,000	35,000,000	35,000,000	35,000,000	37,000,000	38,000,000	38,000,000	35,000,000
current portion of long-term debt	35,000,000	39,000,000	38,000,000	54,000,000
income tax payable	20,000,000	18,000,000	21,000,000	18,000,000	17,000,000	16,000,000	16,000,000	19,000,000	19,000,000	17,000,000	17,000,000	19,000,000	19,000,000	15,000,000	15,000,000	18,000,000	18,000,000	17,000,000	17,000,000	16,000,000	16,000,000	24,000,000	24,000,000	28,000,000	28,000,000	43,000,000	43,000,000	34,000,000	34,000,000	26,000,000	26,000,000	23,000,000	23,000,000	22,000,000	22,000,000	22,000,000	20,000,000	20,000,000	20,000,000	20,000,000	20,000,000	20,000,000	20,000,000	14,000,000	14,000,000	14,000,000	14,000,000	14,000,000	13,000,000	13,000,000			13,000,000	13,000,000	8,000,000	8,000,000	14,000,000	14,000,000	10,000,000	10,000,000	10,000,000	14,000,000	14,000,000	11,000,000	11,000,000	18,000,000	18,000,000	18,000,000	17,000,000	17,000,000	17,000,000	19,000,000	19,000,000	13,000,000	13,000,000	13,000,000	13,000,000	13,000,000	13,000,000	11,000,000	11,000,000	11,000,000
pension and other benefit obligations	23,000,000	24,000,000	24,000,000	24,000,000	23,000,000
provisions	30,000,000	25,000,000	30,000,000	28,000,000	26,000,000	22,000,000	22,000,000	19,000,000	19,000,000	20,000,000	20,000,000	18,000,000	18,000,000	21,000,000	21,000,000	20,000,000	20,000,000	19,000,000	19,000,000	21,000,000	21,000,000	22,000,000	22,000,000	22,000,000	22,000,000	21,000,000	21,000,000	20,000,000	20,000,000	19,000,000	19,000,000	20,000,000	20,000,000	21,000,000	21,000,000	21,000,000	23,000,000	27,000,000	23,000,000	27,000,000	27,000,000	29,000,000	29,000,000	21,000,000	21,000,000	21,000,000	23,000,000	23,000,000	22,000,000	22,000,000	22,000,000	22,000,000	24,000,000	24,000,000	46,000,000	46,000,000	41,000,000	41,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	39,000,000	39,000,000	39,000,000	39,000,000	39,000,000	39,000,000	42,000,000	42,000,000	42,000,000	42,000,000	108,000,000	42,000,000	108,000,000	108,000,000	116,000,000	116,000,000	116,000,000	113,000,000	113,000,000	119,000,000	119,000,000	113,000,000	113,000,000	122,000,000	122,000,000	121,000,000	121,000,000	61,000,000	61,000,000	61,000,000		52,000,000	52,000,000	55,000,000	55,000,000	58,000,000	58,000,000	65,000,000	65,000,000	61,000,000	65,000,000	65,000,000	87,000,000
total current liabilities	2,118,000,000	1,798,000,000	1,842,000,000	1,873,000,000	1,808,000,000
non-current liabilities																																																																																									2,890,000,000	2,890,000,000
long-term debt	1,938,000,000	1,905,000,000	1,974,000,000	1,972,000,000	1,908,000,000
deferred tax liabilities	66,000,000	70,000,000	54,000,000	64,000,000	48,000,000	33,000,000	33,000,000	27,000,000	27,000,000	5,000,000	5,000,000	28,000,000	28,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	28,000,000	28,000,000	5,000,000	5,000,000	15,000,000	15,000,000	13,000,000	13,000,000	14,000,000	14,000,000	13,000,000	13,000,000	12,000,000	12,000,000	10,000,000	10,000,000	10,000,000	10,000,000		10,000,000
total non-current liabilities	2,595,000,000	2,585,000,000	2,670,000,000	2,696,000,000	2,595,000,000
total liabilities	4,713,000,000	4,383,000,000	4,512,000,000	4,569,000,000	4,403,000,000	3,842,000,000	3,842,000,000	3,966,000,000	3,966,000,000	3,862,000,000	3,862,000,000	3,797,000,000	3,797,000,000	3,884,000,000	3,884,000,000	4,143,000,000	4,143,000,000	4,271,000,000	4,271,000,000	4,189,000,000	4,189,000,000	4,612,000,000	4,612,000,000	4,726,000,000	4,726,000,000	4,626,000,000	4,626,000,000	4,333,000,000	4,333,000,000	4,417,000,000	4,417,000,000	4,311,000,000	4,311,000,000	4,303,000,000	4,303,000,000	4,303,000,000	4,230,000,000	4,455,000,000	4,230,000,000	4,455,000,000	4,455,000,000	4,521,000,000	4,521,000,000	4,553,000,000	4,553,000,000	4,553,000,000	4,269,000,000	4,269,000,000	4,489,000,000	4,489,000,000	4,414,000,000	4,414,000,000	4,461,000,000	4,461,000,000	4,015,000,000	4,015,000,000	3,972,000,000	3,972,000,000	4,194,000,000	4,194,000,000	4,194,000,000	4,071,000,000	4,071,000,000	4,030,000,000	4,030,000,000	4,169,000,000	4,169,000,000	4,169,000,000	4,281,000,000	4,281,000,000	4,281,000,000	4,409,000,000	4,409,000,000	4,357,000,000	4,357,000,000	4,512,000,000	4,357,000,000	4,512,000,000	4,512,000,000	4,492,000,000	4,492,000,000	4,492,000,000	4,456,000,000	4,456,000,000	4,168,000,000	4,168,000,000	4,124,000,000	4,124,000,000	4,241,000,000	4,241,000,000	4,416,000,000	4,416,000,000	3,049,000,000	3,049,000,000	3,049,000,000	3,743,000,000	2,242,000,000	2,242,000,000	2,065,000,000	2,065,000,000	1,768,000,000	1,768,000,000	1,728,000,000	1,728,000,000	1,825,000,000	1,911,000,000	1,911,000,000	1,968,000,000
commitments and contingencies
shareholders' equity
ordinary shares, par value €0.02, 146,819,884 shares issued at march 31, 2026 and at december 31, 2025; 136,150,450 and 135,424,702 shares outstanding at march 31, 2026 and at december 31, 2025, respectively	4,000,000
additional paid in capital	704,000,000	693,000,000	513,000,000	513,000,000	513,000,000
accumulated other comprehensive income	39,000,000	54,000,000	21,000,000	26,000,000	-1,000,000
retained earnings	529,000,000	354,000,000
treasury shares 10,669,434 at march 31, 2026 and 11,395,182 at december 31, 2025	-157,000,000
equity attributable to equity holders of constellium	1,119,000,000	952,000,000	845,000,000	780,000,000	745,000,000	900,000,000	900,000,000	952,000,000	952,000,000	890,000,000	890,000,000	843,000,000	843,000,000	889,000,000	889,000,000	785,000,000	785,000,000	744,000,000	744,000,000	731,000,000	731,000,000	770,000,000	770,000,000	582,000,000	582,000,000	528,000,000	528,000,000	274,000,000	274,000,000	236,000,000	236,000,000	128,000,000	128,000,000	-9,000,000	-9,000,000	-9,000,000	-115,000,000	-173,000,000	-115,000,000	-173,000,000	-173,000,000	-186,000,000	-186,000,000	-134,000,000	-134,000,000	-134,000,000	-96,000,000	-96,000,000	-160,000,000	-160,000,000	-123,000,000	-123,000,000	-118,000,000	-118,000,000	-122,000,000	-122,000,000	-50,000,000	-50,000,000	-280,000,000	-280,000,000	-280,000,000	-326,000,000	-326,000,000	-327,000,000	-327,000,000	-494,000,000	-494,000,000	-494,000,000	-525,000,000	-525,000,000	-525,000,000	-556,000,000	-556,000,000	-579,000,000	-579,000,000	-605,000,000	-579,000,000	-605,000,000	-605,000,000	-621,000,000	-621,000,000	-621,000,000	-592,000,000	-592,000,000
non-controlling interests	13,000,000	19,000,000	18,000,000	19,000,000	20,000,000	20,000,000	20,000,000	21,000,000	21,000,000	20,000,000	20,000,000	21,000,000	21,000,000	22,000,000	22,000,000	21,000,000	21,000,000	21,000,000	21,000,000	21,000,000	21,000,000	23,000,000	23,000,000	21,000,000	21,000,000	19,000,000	19,000,000	17,000,000	17,000,000	18,000,000	18,000,000	16,000,000	16,000,000	15,000,000	15,000,000	15,000,000	14,000,000		14,000,000			12,000,000							11,000,000	11,000,000	10,000,000	10,000,000	9,000,000	9,000,000	8,000,000	8,000,000	9,000,000	9,000,000	8,000,000	8,000,000	8,000,000	8,000,000	8,000,000	8,000,000	8,000,000	7,000,000	7,000,000	7,000,000	8,000,000	8,000,000	8,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	9,000,000	12,000,000	12,000,000	12,000,000	11,000,000	11,000,000	11,000,000	11,000,000	9,000,000	9,000,000	7,000,000	7,000,000	7,000,000	7,000,000	6,000,000	6,000,000	6,000,000		4,000,000	4,000,000	5,000,000	5,000,000	5,000,000	5,000,000	4,000,000	4,000,000	3,000,000	5,000,000	5,000,000	5,000,000
total equity	1,132,000,000	971,000,000	863,000,000	799,000,000	765,000,000	920,000,000	920,000,000	973,000,000	973,000,000	910,000,000	910,000,000	864,000,000	864,000,000	911,000,000	911,000,000	806,000,000	806,000,000	765,000,000	765,000,000	752,000,000	752,000,000	793,000,000	793,000,000	603,000,000	603,000,000	547,000,000	547,000,000	291,000,000	291,000,000	254,000,000	254,000,000	144,000,000	144,000,000	6,000,000	6,000,000	6,000,000	-101,000,000	-160,000,000	-101,000,000	-160,000,000	-160,000,000	-174,000,000	-174,000,000	-123,000,000	-123,000,000	-123,000,000	-85,000,000	-85,000,000	-149,000,000	-149,000,000	-113,000,000	-113,000,000	-109,000,000	-109,000,000	-114,000,000	-114,000,000	-41,000,000	-41,000,000	-272,000,000	-272,000,000	-272,000,000	-318,000,000	-318,000,000	-319,000,000	-319,000,000	-487,000,000	-487,000,000	-487,000,000	-517,000,000	-517,000,000	-517,000,000	-547,000,000	-547,000,000	-570,000,000	-570,000,000	-596,000,000	-570,000,000	-596,000,000	-596,000,000	-609,000,000	-609,000,000	-609,000,000	-581,000,000	-581,000,000	-540,000,000	-540,000,000			-87,000,000	-87,000,000						5,000,000
total equity and liabilities	5,845,000,000	5,354,000,000	5,375,000,000	5,368,000,000	5,168,000,000	4,762,000,000	4,762,000,000	4,939,000,000	4,939,000,000	4,772,000,000	4,772,000,000	4,661,000,000	4,661,000,000	4,795,000,000	4,795,000,000	4,949,000,000	4,949,000,000	5,036,000,000	5,036,000,000	4,941,000,000	4,941,000,000	5,405,000,000	5,405,000,000	5,329,000,000	5,329,000,000	5,173,000,000	5,173,000,000	4,624,000,000	4,624,000,000	4,671,000,000	4,671,000,000	4,455,000,000	4,455,000,000	4,309,000,000	4,309,000,000	4,309,000,000	4,129,000,000	4,295,000,000	4,129,000,000	4,295,000,000	4,295,000,000	4,347,000,000	4,347,000,000	4,430,000,000	4,430,000,000	4,430,000,000	4,184,000,000	4,184,000,000	4,340,000,000	4,340,000,000	4,301,000,000	4,301,000,000	4,352,000,000	4,352,000,000	3,901,000,000	3,901,000,000	3,931,000,000	3,931,000,000	3,922,000,000	3,922,000,000	3,922,000,000	3,753,000,000	3,753,000,000	3,711,000,000	3,711,000,000	3,682,000,000	3,682,000,000	3,682,000,000	3,764,000,000	3,764,000,000	3,764,000,000	3,862,000,000	3,862,000,000	3,787,000,000	3,787,000,000	3,916,000,000	3,787,000,000	3,916,000,000	3,916,000,000	3,883,000,000	3,883,000,000	3,883,000,000	3,875,000,000	3,875,000,000	3,628,000,000	3,628,000,000	3,975,000,000	3,975,000,000	4,154,000,000	4,154,000,000	4,328,000,000	4,328,000,000	3,012,000,000	3,012,000,000	3,012,000,000		2,285,000,000	2,285,000,000	2,125,000,000	2,125,000,000	1,813,000,000	1,813,000,000	1,764,000,000	1,764,000,000	1,819,000,000	1,849,000,000	1,849,000,000	1,840,000,000
shareholder's equity
ordinary shares, par value €0.02, 146,819,884 shares issued at december 31, 2025 and 2024; 135,424,702 and 143,523,308 shares outstanding at december 31, 2025 and 2024, respectively		4,000,000
treasury shares 11,395,182 at december 31, 2025 and 3,296,576 at december 31, 2024		-153,000,000
ordinary shares, par value €0.02, 146,819,884 shares issued at september 30, 2025 and december 31, 2024			4,000,000
retained earnings and other reserves			307,000,000	237,000,000	229,000,000	477,000,000	477,000,000	529,000,000	529,000,000	467,000,000	467,000,000	420,000,000	420,000,000	466,000,000	466,000,000	362,000,000	362,000,000	321,000,000	321,000,000
ordinary shares, par value €0.02, 146,819,884 shares issued at june 30, 2025 and december 31, 2024				4,000,000
short-term debt					35,000,000
ordinary shares, par value €0.02, 146,819,884 shares issued at march 31, 2025 and december 31, 2024					4,000,000
other financial assets						30,000,000	30,000,000	22,000,000	22,000,000	20,000,000	20,000,000	30,000,000	30,000,000	34,000,000	34,000,000	22,000,000	22,000,000	29,000,000	29,000,000	31,000,000	31,000,000	47,000,000	47,000,000	46,000,000	46,000,000	110,000,000	110,000,000	58,000,000	58,000,000	88,000,000	88,000,000	63,000,000	63,000,000	60,000,000	60,000,000	60,000,000	39,000,000	23,000,000	39,000,000	23,000,000	23,000,000	22,000,000	22,000,000	36,000,000	36,000,000	36,000,000	22,000,000	22,000,000	38,000,000	38,000,000	19,000,000	19,000,000	30,000,000	30,000,000	30,000,000	30,000,000	24,000,000	24,000,000	35,000,000	35,000,000	35,000,000	38,000,000	38,000,000	69,000,000	69,000,000	45,000,000	45,000,000	45,000,000	112,000,000	112,000,000	112,000,000	129,000,000	129,000,000	117,000,000	117,000,000	15,000,000	117,000,000	15,000,000	15,000,000	19,000,000	19,000,000	19,000,000	31,000,000	31,000,000	37,000,000	37,000,000	35,000,000	35,000,000	39,000,000	39,000,000	50,000,000	50,000,000	33,000,000	33,000,000	33,000,000		34,000,000	34,000,000	5,000,000	5,000,000	2,000,000	2,000,000	7,000,000	7,000,000	6,000,000	6,000,000	6,000,000	6,000,000
current assets - sum						1,911,000,000		2,062,000,000	2,062,000,000	1,943,000,000		1,820,000,000		1,972,000,000			2,114,000,000	2,221,000,000		2,056,000,000																																														1,392,000,000	1,392,000,000		1,525,000,000	1,525,000,000		1,522,000,000		1,410,000,000	1,410,000,000	1,698,000,000	1,410,000,000	1,698,000,000		1,666,000,000	1,666,000,000		1,728,000,000		1,449,000,000	1,449,000,000	1,551,000,000				1,940,000,000		2,046,000,000	2,046,000,000	2,046,000,000		1,425,000,000		1,384,000,000		1,106,000,000		1,069,000,000	1,069,000,000	1,141,000,000	1,218,000,000	1,218,000,000	1,219,000,000
non-current assets - sum						2,851,000,000		2,877,000,000	2,877,000,000	2,829,000,000		2,841,000,000		2,823,000,000		2,790,000,000	2,790,000,000	2,815,000,000		2,871,000,000																																														2,290,000,000	2,290,000,000		2,239,000,000	2,239,000,000		2,340,000,000		2,377,000,000	2,377,000,000	2,218,000,000	2,377,000,000	2,218,000,000		2,217,000,000	2,217,000,000		2,147,000,000		2,166,000,000	2,166,000,000	2,416,000,000				2,372,000,000		952,000,000	952,000,000	952,000,000		846,000,000		725,000,000		686,000,000		674,000,000	674,000,000	659,000,000	631,000,000	631,000,000	621,000,000
borrowings						53,000,000	53,000,000	53,000,000	53,000,000	52,000,000	52,000,000	54,000,000	54,000,000	54,000,000	54,000,000	197,000,000	197,000,000	219,000,000	219,000,000	148,000,000	148,000,000	154,000,000	154,000,000	209,000,000	209,000,000	254,000,000	254,000,000	258,000,000	258,000,000	262,000,000	262,000,000	262,000,000	262,000,000	82,000,000	82,000,000	82,000,000	92,000,000	85,000,000	92,000,000	85,000,000	85,000,000	102,000,000	102,000,000	196,000,000	196,000,000	196,000,000	201,000,000	201,000,000	167,000,000	167,000,000	162,000,000	162,000,000	211,000,000	211,000,000	57,000,000	57,000,000	43,000,000	43,000,000	130,000,000	130,000,000	130,000,000	111,000,000	111,000,000	106,000,000	106,000,000	101,000,000	101,000,000	101,000,000	121,000,000	121,000,000	121,000,000	114,000,000	114,000,000	107,000,000	107,000,000	2,408,000,000	107,000,000	2,408,000,000	2,408,000,000	2,414,000,000	2,414,000,000	2,414,000,000	2,361,000,000	2,361,000,000	2,064,000,000	2,064,000,000	2,021,000,000	2,021,000,000	2,012,000,000	2,012,000,000	2,071,000,000	2,071,000,000	1,205,000,000	1,205,000,000	1,205,000,000		616,000,000	616,000,000	587,000,000	587,000,000	328,000,000	328,000,000	326,000,000	326,000,000	332,000,000	342,000,000	342,000,000	347,000,000
other financial liabilities						19,000,000	19,000,000	30,000,000	30,000,000	35,000,000	35,000,000	34,000,000	34,000,000	46,000,000	46,000,000	54,000,000	54,000,000	44,000,000	44,000,000	41,000,000	41,000,000	87,000,000	87,000,000	97,000,000	97,000,000	24,000,000	24,000,000	25,000,000	25,000,000	27,000,000	27,000,000	26,000,000	26,000,000	44,000,000	44,000,000	44,000,000	46,000,000	43,000,000	46,000,000	43,000,000	43,000,000	45,000,000	45,000,000	93,000,000	93,000,000	93,000,000	35,000,000	35,000,000	66,000,000	66,000,000	44,000,000	44,000,000	44,000,000	44,000,000	60,000,000	60,000,000	36,000,000	36,000,000	28,000,000	28,000,000	28,000,000	41,000,000	41,000,000	23,000,000	23,000,000	20,000,000	20,000,000	20,000,000	20,000,000	20,000,000	20,000,000	24,000,000	24,000,000	34,000,000	34,000,000	11,000,000	34,000,000	11,000,000	11,000,000	14,000,000	14,000,000	14,000,000	6,000,000	6,000,000	14,000,000	14,000,000	31,000,000	31,000,000	42,000,000	42,000,000	37,000,000	37,000,000	40,000,000	40,000,000	40,000,000		32,000,000	32,000,000	9,000,000	9,000,000	32,000,000	32,000,000	36,000,000	36,000,000	39,000,000	45,000,000	45,000,000	49,000,000
current liabilities - sum						1,496,000,000		1,552,000,000	1,552,000,000	1,486,000,000		1,388,000,000		1,490,000,000		1,750,000,000	1,750,000,000	1,843,000,000		1,693,000,000																																														1,121,000,000	1,121,000,000		1,186,000,000	1,186,000,000		1,167,000,000		1,035,000,000	1,035,000,000	1,102,000,000	1,035,000,000	1,102,000,000		1,084,000,000	1,084,000,000		1,166,000,000		1,193,000,000	1,193,000,000	1,198,000,000				1,382,000,000		1,050,000,000	1,050,000,000	1,050,000,000		921,000,000		831,000,000		783,000,000		749,000,000	749,000,000	806,000,000	859,000,000	859,000,000	840,000,000
pension and other post-employment benefit obligations						383,000,000	383,000,000	380,000,000	380,000,000	391,000,000	391,000,000	411,000,000	411,000,000	369,000,000	369,000,000	393,000,000	393,000,000	400,000,000	400,000,000	403,000,000	403,000,000	450,000,000	450,000,000	463,000,000	463,000,000	525,000,000	525,000,000	599,000,000	599,000,000	579,000,000	579,000,000	581,000,000	581,000,000	605,000,000	605,000,000	605,000,000	664,000,000	714,000,000	664,000,000	714,000,000	714,000,000	715,000,000	715,000,000	680,000,000	680,000,000	680,000,000	670,000,000	670,000,000	730,000,000	730,000,000	672,000,000	672,000,000	641,000,000	641,000,000	610,000,000	610,000,000	591,000,000	591,000,000	643,000,000	643,000,000	643,000,000	633,000,000	633,000,000	664,000,000	664,000,000	661,000,000	661,000,000	661,000,000	675,000,000	675,000,000	675,000,000	701,000,000	701,000,000	735,000,000	735,000,000	805,000,000	735,000,000	805,000,000	805,000,000	794,000,000	794,000,000	794,000,000	741,000,000	741,000,000	701,000,000		692,000,000	692,000,000			754,000,000	754,000,000	654,000,000	654,000,000	654,000,000		578,000,000	578,000,000	540,000,000	540,000,000			507,000,000	507,000,000
non-current liabilities - sum						2,346,000,000		2,414,000,000	2,414,000,000	2,376,000,000		2,409,000,000		2,394,000,000		2,380,000,000	2,380,000,000	2,428,000,000		2,486,000,000																																														3,048,000,000	3,048,000,000		3,095,000,000	3,095,000,000		3,242,000,000		3,322,000,000	3,322,000,000	3,410,000,000	3,322,000,000	3,410,000,000		3,408,000,000	3,408,000,000		3,290,000,000		2,962,000,000	2,962,000,000	2,911,000,000				3,025,000,000		1,991,000,000	1,991,000,000	1,991,000,000		1,312,000,000		1,224,000,000		975,000,000		970,000,000	970,000,000	1,009,000,000	1,052,000,000	1,052,000,000	1,128,000,000
equity
share capital						3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	3,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000		2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000
share premium						420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	420,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000
assets of disposal group classified as held for sale																45,000,000	45,000,000			14,000,000	14,000,000																																																																		8,000,000	8,000,000													21,000,000	21,000,000	21,000,000	21,000,000	19,000,000
liabilities of disposal group classified as held for sale																13,000,000	13,000,000			10,000,000	10,000,000																																																																		15,000,000	15,000,000													10,000,000	10,000,000	9,000,000	9,000,000	10,000,000
assets current assets
assets current assets - sum																2,114,000,000
retained earnings / (deficit) and other reserves																				308,000,000	308,000,000	347,000,000	347,000,000			105,000,000	105,000,000
retained deficit and other reserves																								159,000,000	159,000,000			-149,000,000	-149,000,000	-187,000,000	-187,000,000	-295,000,000	-295,000,000	-432,000,000	-432,000,000	-432,000,000	-538,000,000	-596,000,000	-538,000,000	-596,000,000	-596,000,000	-609,000,000	-609,000,000	-557,000,000	-557,000,000	-557,000,000	-519,000,000	-519,000,000	-583,000,000	-583,000,000	-546,000,000	-546,000,000	-541,000,000	-541,000,000	-545,000,000	-545,000,000	-473,000,000	-473,000,000	-703,000,000	-703,000,000	-703,000,000	-749,000,000	-749,000,000	-750,000,000	-750,000,000	-658,000,000	-658,000,000	-658,000,000	-689,000,000	-689,000,000	-689,000,000	-720,000,000	-720,000,000	-743,000,000	-743,000,000	-769,000,000	-743,000,000	-769,000,000	-769,000,000	-785,000,000	-785,000,000	-785,000,000	-756,000,000	-756,000,000	-715,000,000	-715,000,000	-322,000,000	-322,000,000	-258,000,000	-258,000,000	-259,000,000	-259,000,000	-207,000,000	-207,000,000	-207,000,000		-125,000,000	-125,000,000	-109,000,000	-109,000,000	-124,000,000	-124,000,000	-132,000,000	-132,000,000	-173,000,000	-231,000,000	-231,000,000	-133,000,000
investments accounted for under the equity method																																					1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	2,000,000	2,000,000	2,000,000
deferred income tax assets																																						218,000,000		218,000,000	218,000,000	222,000,000	222,000,000	195,000,000	195,000,000	195,000,000	185,000,000	185,000,000	186,000,000	186,000,000	155,000,000	155,000,000	153,000,000	153,000,000	163,000,000	163,000,000	159,000,000	159,000,000	159,000,000	159,000,000	159,000,000	158,000,000	158,000,000	164,000,000	164,000,000	204,000,000	204,000,000	204,000,000	213,000,000	213,000,000	213,000,000	231,000,000	231,000,000	252,000,000	252,000,000	270,000,000	252,000,000	270,000,000	270,000,000	273,000,000	273,000,000	273,000,000	264,000,000	264,000,000	270,000,000	270,000,000	222,000,000	222,000,000	235,000,000	235,000,000	260,000,000	260,000,000	190,000,000	190,000,000	190,000,000		187,000,000	187,000,000	174,000,000	174,000,000	172,000,000	172,000,000	177,000,000	177,000,000	197,000,000	208,000,000	208,000,000	216,000,000
deferred income tax liabilities																																						27,000,000		27,000,000	27,000,000	25,000,000	25,000,000	22,000,000	22,000,000	22,000,000	24,000,000	24,000,000	23,000,000	23,000,000	21,000,000	21,000,000	22,000,000	22,000,000	22,000,000	22,000,000	18,000,000	18,000,000	28,000,000	28,000,000	28,000,000	26,000,000	26,000,000	25,000,000	25,000,000	36,000,000	36,000,000	36,000,000	34,000,000	34,000,000	34,000,000	33,000,000	33,000,000	30,000,000	30,000,000	25,000,000	30,000,000	25,000,000	25,000,000	16,000,000	16,000,000	16,000,000	12,000,000	12,000,000	10,000,000	10,000,000																	1,000,000	1,000,000	14,000,000	15,000,000	15,000,000	13,000,000
non controlling interests																																						13,000,000		13,000,000	13,000,000		12,000,000	11,000,000	11,000,000	11,000,000	11,000,000	11,000,000
income tax payables																																																			9,000,000	9,000,000
investments accounted for under equity method																																																																								10,000,000	10,000,000	16,000,000	16,000,000	21,000,000	16,000,000	21,000,000	21,000,000	27,000,000	27,000,000	27,000,000	27,000,000	27,000,000		30,000,000
assets classified as held for sale																																																																																					13,000,000	13,000,000			14,000,000	14,000,000	16,000,000	16,000,000	14,000,000	14,000,000	14,000,000		14,000,000	14,000,000	16,000,000	16,000,000
liabilities classified as held for sale																																																																																					13,000,000	13,000,000			14,000,000	14,000,000	9,000,000	9,000,000	8,000,000	8,000,000	8,000,000		9,000,000	9,000,000	10,000,000	10,000,000
income taxes payable																																																																																			8,000,000	8,000,000	6,000,000	6,000,000	7,000,000	7,000,000	5,000,000	5,000,000	9,000,000	9,000,000	11,000,000	11,000,000	11,000,000		22,000,000	22,000,000	22,000,000	22,000,000	20,000,000	20,000,000	19,000,000	19,000,000	36,000,000	29,000,000	29,000,000	25,000,000
investment accounted for under equity method																																																																																					30,000,000
equity attributable to owners of the company																																																																																					-551,000,000		-158,000,000	-158,000,000	-94,000,000	-94,000,000	-95,000,000	-95,000,000	-43,000,000	-43,000,000	-43,000,000		39,000,000	39,000,000	55,000,000	55,000,000	40,000,000	40,000,000	32,000,000	32,000,000	-9,000,000	-67,000,000	-67,000,000	-133,000,000
equity attributable to owners of constellium																																																																																						-551,000,000
pension and other post-employment benefits obligations																																																																																						701,000,000			668,000,000	668,000,000											522,000,000	522,000,000			526,000,000	547,000,000	547,000,000	597,000,000
investment in joint ventures																																																																																							30,000,000	30,000,000			33,000,000	33,000,000		21,000,000
investments in joint ventures																																																																																									31,000,000	31,000,000			21,000,000		21,000,000		1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	2,000,000	2,000,000	2,000,000
pro forma income statement data:
revenue																																																																																																3,467,000,000
gross profit																																																																																																410,000,000
income from operations																																																																																																176,000,000
finance costs—net																																																																																																-105,000,000
share of profit of joint-ventures
income before income tax																																																																																																70,000,000
income tax expense																																																																																																-26,000,000
net income from continuing operations																																																																																																44,000,000
pro forma statement of financial position data:
total borrowings																																																																																																2,009,000,000
pro forma other operational and financial data
pro forma volumes																																																																																																1,116,000,000
pro forma adjusted ebitda																																																																																																286,000,000
pro forma adjusted ebitda per ton																																																																																																256,000,000
share premium account																																																																																																	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000	162,000,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-09-30	2024-06-30	2024-04-24	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-04-26	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-04-27	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-05-17	2021-04-28	2021-03-31	2021-02-25	2020-12-31	2020-09-30	2020-06-30	2020-06-16	2020-04-29	2020-03-31	2019-12-31	2019-07-25	2019-04-24	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-04-26	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-04-27	2017-03-31	2017-03-09	2016-12-31	2016-06-30	2016-05-16	2016-05-12	2016-03-15	2015-12-31	2015-09-30	2015-06-30	2015-05-14	2015-03-31	2014-12-04	2014-11-19	2014-06-30	2014-05-16	2014-03-31	2013-12-31	2013-11-14	2013-08-29	2013-06-17

•
net income	196,000,000	113,000,000	126,000,000	-2,000,000	38,000,000	-68,000,000	71,000,000	17,000,000	17,000,000	65,000,000	32,000,000	32,000,000	22,000,000	22,000,000	-101,000,000	163,000,000	-32,000,000	179,000,000	179,000,000			108,000,000	48,000,000	48,000,000		69,000,000			-32,000,000	-31,000,000	-31,000,000		63,000,000	41,000,000	24,000,000		-27,000,000	186,000,000	55,000,000	-24,000,000			-7,000,000	2,000,000	13,000,000			-19,000,000											-16,000,000		30,000,000
adjustments																																																											14,000,000		42,000,000	42,000,000
depreciation and amortization	83,000,000	86,000,000	162,000,000	4,000,000	78,000,000	-1,000,000	74,000,000	71,000,000	71,000,000	217,000,000	5,000,000	72,000,000	72,000,000	72,000,000	5,000,000	3,000,000	70,000,000	66,000,000	66,000,000	5,000,000	2,000,000	65,000,000	63,000,000	63,000,000	63,000,000					66,000,000	66,000,000	66,000,000	190,000,000	117,000,000	57,000,000	57,000,000	146,000,000	-39,000,000	46,000,000	44,000,000	44,000,000	46,000,000	-43,000,000	-2,000,000	43,000,000	43,000,000	-63,000,000	118,000,000			34,000,000							19,065,000
impairment of assets	4,000,000
pension and other long-term benefits	2,000,000	2,000,000	5,000,000	0	2,000,000
finance costs - net	28,000,000	26,000,000	54,000,000	2,000,000	27,000,000	4,000,000	32,000,000	33,000,000	33,000,000	105,000,000	1,000,000	35,000,000	35,000,000	35,000,000	-3,000,000	4,000,000	32,000,000	30,000,000	30,000,000	7,000,000	-3,000,000	37,000,000	55,000,000	55,000,000	55,000,000	-89,000,000	-2,000,000	-5,000,000	42,000,000	45,000,000	45,000,000	45,000,000	129,000,000																		41,000,000					43,000,000	43,000,000							10,000,000
income tax expense	76,000,000	51,000,000	62,000,000	-4,000,000	24,000,000	-19,000,000	24,000,000	8,000,000	8,000,000			12,000,000	5,000,000	5,000,000			-4,000,000	39,000,000	39,000,000			22,000,000	11,000,000	11,000,000		7,000,000							14,000,000	24,000,000	15,000,000	15,000,000	31,000,000	-28,000,000	25,000,000	4,000,000	4,000,000	24,000,000	-22,000,000	-15,000,000	27,000,000	27,000,000	-57,000,000	51,000,000			19,000,000		-35,000,000			-17,000,000	-17,000,000		-3,000,000		16,000,000
unrealized losses on derivatives - net and from remeasurement of monetary assets and liabilities - net	-43,000,000				11,000,000			2,000,000	2,000,000			20,000,000	8,000,000									-15,000,000	-30,000,000	-30,000,000					-44,000,000	55,000,000	55,000,000		-38,000,000		-32,000,000
other - net	18,000,000	8,000,000	25,000,000	0	11,000,000		6,000,000	6,000,000	6,000,000	15,000,000	-2,000,000	7,000,000	3,000,000	3,000,000	1,000,000	0	4,000,000	4,000,000	4,000,000	0	0	3,000,000	2,000,000	2,000,000	2,000,000	-13,000,000	0	-7,000,000	10,000,000	3,000,000	3,000,000	3,000,000
changes in working capital
inventories	-279,000,000	-40,000,000	-113,000,000	73,000,000	-69,000,000	17,000,000	-40,000,000	17,000,000	17,000,000	169,000,000	-47,000,000	72,000,000	78,000,000	78,000,000	-21,000,000		0	-256,000,000	-256,000,000	21,000,000	-19,000,000	-103,000,000	-109,000,000	-109,000,000	-109,000,000	-37,000,000	-2,000,000	-37,000,000	52,000,000	-17,000,000	-17,000,000	-17,000,000	23,000,000	24,000,000	33,000,000	33,000,000	-56,000,000	141,000,000	-63,000,000	-31,000,000	-31,000,000	-42,000,000	17,000,000	17,000,000	-27,000,000	-27,000,000	0	-9,000,000	13,271,000	8,406,000	-22,000,000	119,907,000	84,000,000	2,000,000		-8,000,000	-8,000,000	-64,931,000	-22,000,000		-16,000,000	-16,000,000	39,000,000	13,000,000	12,000,000	-23,000,000
trade receivables	-249,000,000	77,000,000	-292,000,000	285,000,000	-273,000,000	141,000,000	-42,000,000	-144,000,000	-144,000,000	-78,000,000	140,000,000	-7,000,000	-217,000,000	-217,000,000	52,000,000	272,000,000	-77,000,000	-210,000,000	-210,000,000	53,000,000	103,000,000	-126,000,000	-108,000,000	-108,000,000	-108,000,000	60,000,000	67,000,000	-76,000,000	57,000,000	-50,000,000	-50,000,000	-50,000,000	92,000,000	-29,000,000	-75,000,000	-75,000,000	-202,000,000	253,000,000	-55,000,000	-141,000,000	-141,000,000	24,000,000	225,000,000	74,000,000	-122,000,000	-122,000,000	134,000,000	43,000,000			-124,000,000		226,000,000	141,000,000		-48,000,000	-48,000,000		61,000,000		-93,000,000	-93,000,000
trade payables	326,000,000	-53,000,000	259,000,000	-317,000,000	279,000,000	-100,000,000	61,000,000	92,000,000	92,000,000	-81,000,000	-11,000,000	-98,000,000	84,000,000	84,000,000	-46,000,000	-124,000,000	5,000,000	320,000,000	320,000,000	-16,000,000	-61,000,000	117,000,000	183,000,000	183,000,000	183,000,000	-78,000,000	-96,000,000	214,000,000	-176,000,000	158,000,000	158,000,000	158,000,000	-2,000,000	104,000,000	113,000,000	113,000,000	72,000,000	-207,000,000	26,000,000	82,000,000	82,000,000	3,000,000	-183,000,000	-94,000,000	123,000,000	123,000,000	-102,000,000	-23,000,000			49,000,000		-22,000,000	-165,000,000		-2,000,000	-2,000,000		-30,000,000		37,000,000	37,000,000
other	-36,000,000	2,000,000	-16,000,000	41,000,000	-18,000,000	-22,000,000	19,000,000	-9,000,000	-9,000,000	-19,000,000	-9,000,000	23,000,000	-17,000,000	-17,000,000	11,000,000	-21,000,000	20,000,000	-16,000,000	-16,000,000	-25,000,000	22,000,000		7,000,000	7,000,000	7,000,000																										1,000,000		3,000,000	0		1,000,000	1,000,000		3,000,000		3,000,000
change in provisions	2,000,000	7,000,000	0	0	-1,000,000		0	-2,000,000	-2,000,000	-4,000,000	0	-1,000,000	-1,000,000	-1,000,000	0	-1,000,000	-2,000,000	-2,000,000	-2,000,000			0	-4,000,000	-4,000,000	-4,000,000
pension and other long-term benefits paid	-14,000,000	-10,000,000	-32,000,000	1,000,000	-13,000,000
interest paid	-29,000,000	-21,000,000	-59,000,000	5,000,000	-29,000,000	-4,000,000	-26,000,000	-30,000,000	-30,000,000	-90,000,000	-4,000,000	-29,000,000	-34,000,000	-34,000,000	3,000,000	-6,000,000	-25,000,000	-29,000,000	-29,000,000	-2,000,000	1,000,000	-28,000,000	-44,000,000	-44,000,000	-44,000,000	96,000,000	23,000,000	-22,000,000	-23,000,000	-50,000,000	-50,000,000	-50,000,000	-104,000,000	-78,000,000	-52,000,000	-52,000,000	-81,000,000	12,000,000	-24,000,000	-36,000,000	-36,000,000	-57,000,000												25,000,000
income tax paid	-12,000,000	-33,000,000	-21,000,000	13,000,000	-9,000,000	3,000,000	-16,000,000	-5,000,000	-5,000,000		-9,000,000	-1,000,000	-6,000,000	-6,000,000														-28,000,000	21,000,000	-3,000,000	-3,000,000	-3,000,000	-14,000,000	-11,000,000	-6,000,000	-6,000,000	-17,000,000	5,000,000	-10,000,000	-1,000,000	-1,000,000	-17,000,000		-3,000,000	-2,000,000	-2,000,000	8,000,000	-9,000,000			-2,000,000		-14,000,000	19,000,000		-9,000,000	-9,000,000		-8,000,000		-4,000,000	-4,000,000	-21,000,000	-6,000,000	0	-2,000,000
net cash flows from operating activities	73,000,000	218,000,000	157,000,000	56,000,000	58,000,000	-66,000,000	152,000,000	54,000,000	54,000,000	352,000,000	21,000,000	133,000,000	34,000,000	34,000,000	-26,000,000	43,000,000	111,000,000	58,000,000	58,000,000	27,000,000	18,000,000	73,000,000	75,000,000	75,000,000	75,000,000	-192,000,000	-40,000,000	103,000,000	8,000,000	144,000,000	144,000,000	144,000,000	367,000,000	260,000,000	132,000,000		20,000,000					3,000,000	-5,000,000	9,000,000	36,000,000			21,000,000					431,000,000	-84,000,000		12,000,000					-4,000,000		105,000,000	80,000,000	46,000,000	-47,000,000
purchases of property, plant and equipment	-72,000,000	-109,000,000	-144,000,000	-8,000,000	-69,000,000	-18,000,000	-78,000,000	-68,000,000	-68,000,000	-261,000,000	-11,000,000	-65,000,000	-69,000,000	-69,000,000	-29,000,000	-29,000,000	-51,000,000	-33,000,000	-33,000,000	-50,000,000	-12,000,000	-42,000,000	-32,000,000	-32,000,000	-32,000,000	90,000,000	-8,000,000	5,000,000	-41,000,000	-57,000,000	-57,000,000	-57,000,000	-221,000,000	-130,000,000	-59,000,000	-59,000,000	-214,000,000	34,000,000	-50,000,000	-47,000,000	-47,000,000	-101,000,000	65,000,000	0	-60,000,000	-60,000,000	105,000,000	-281,000,000			-78,000,000		-265,000,000	78,000,000		-84,000,000	-84,000,000		-20,000,000		-33,000,000	-33,000,000	-52,000,000	-37,000,000	-32,000,000	-23,000,000
property, plant and equipment inflows	4,000,000	1,000,000	14,000,000	-4,000,000	8,000,000
collection of deferred purchase price receivable		0			2,000,000
net cash flows from investing activities	-68,000,000	-109,000,000	-128,000,000	-13,000,000	-59,000,000		-77,000,000	-62,000,000				-65,000,000	-68,000,000				-51,000,000	-32,000,000				-38,000,000	-29,000,000	-29,000,000		90,000,000			-40,000,000	-57,000,000	-57,000,000			-216,000,000	-142,000,000		-226,000,000			-44,000,000		-116,000,000			-69,000,000		101,000,000	-309,000,000			-99,000,000		-628,000,000			-441,000,000			-19,000,000		-32,000,000		-51,000,000	-36,000,000	-22,000,000	-23,000,000
repurchase of ordinary shares	-28,000,000	-40,000,000	-40,000,000	-20,000,000	-15,000,000	12,000,000	-31,000,000	-6,000,000	-6,000,000
repayments of long-term debt	-1,000,000	-1,000,000	-3,000,000	-1,000,000	-1,000,000
net change in revolving credit facilities and short-term debt	50,000,000	-72,000,000	-6,000,000	18,000,000	5,000,000
finance lease repayments	-2,000,000	-1,000,000	-4,000,000	1,000,000	-2,000,000
transactions with non-controlling interests	-4,000,000	0	-5,000,000	0	-2,000,000	0	-1,000,000	-2,000,000	-2,000,000																									-2,000,000	-2,000,000	-2,000,000												1,000,000															0
other financing activities	5,000,000	2,000,000	-9,000,000	-8,000,000	-11,000,000		0	1,000,000	1,000,000	-7,000,000		0	-2,000,000	-2,000,000	-18,000,000	0				-1,000,000	34,000,000	-32,000,000	3,000,000	3,000,000	3,000,000		-6,000,000	0	-2,000,000	4,000,000	4,000,000	4,000,000	2,000,000				-20,000,000	9,000,000	-7,000,000	4,000,000	4,000,000	-3,000,000	-31,000,000	-31,000,000	27,000,000	27,000,000	18,000,000	10,000,000			4,000,000		34,000,000	5,000,000		-10,000,000	-10,000,000		22,000,000		-8,000,000	-8,000,000		0	-2,000,000	5,000,000
net cash flows from financing activities	20,000,000	-112,000,000	-67,000,000	-10,000,000	-26,000,000							-80,000,000	61,000,000				-65,000,000	-14,000,000					-145,000,000	-145,000,000										4,000,000	66,000,000	66,000,000				10,000,000											309,000,000					-214,000,000							-21,000,000
net increase in cash and cash equivalents	25,000,000																					-52,000,000	-99,000,000	-99,000,000		-245,000,000	-50,000,000		109,000,000	86,000,000	86,000,000		81,000,000	48,000,000	56,000,000		-218,000,000			-58,000,000		-30,000,000			-37,000,000		-412,000,000	-127,000,000	71,381,000	32,746,000	151,000,000	7,452,000	-477,000,000					4,800,000	-203,000,000		-53,000,000		33,000,000	42,000,000	-3,000,000	23,000,000
cash and cash equivalents - beginning of year	120,000,000				141,000,000								166,000,000	166,000,000	15,000,000	-4,000,000		147,000,000	147,000,000	33,000,000	-52,000,000		439,000,000			248,000,000			0	184,000,000	184,000,000	184,000,000
effect of exchange rate changes on cash and cash equivalents	-2,000,000	1,000,000	4,000,000	5,000,000	4,000,000					-2,000,000	2,000,000	-1,000,000	-1,000,000	-1,000,000	-6,000,000	2,000,000	1,000,000	1,000,000	1,000,000	1,000,000		0	2,000,000	2,000,000	2,000,000			-2,000,000					0	1,000,000	2,000,000	2,000,000	0					-1,000,000		-3,000,000	-1,000,000	-1,000,000	-1,000,000	2,000,000			-2,000,000		3,000,000	-4,000,000		6,000,000	6,000,000		0		-1,000,000	-1,000,000	0	-2,000,000
cash and cash equivalents - end of period	143,000,000		-11,000,000	15,000,000	118,000,000	-61,000,000	33,000,000	180,000,000	180,000,000		-19,000,000	-15,000,000	193,000,000	193,000,000		15,000,000	-4,000,000	160,000,000	160,000,000		33,000,000	-52,000,000	342,000,000	342,000,000	342,000,000			54,000,000	108,000,000	270,000,000	270,000,000	270,000,000			222,000,000	222,000,000								-23,000,000	309,000,000	309,000,000					625,000,000					354,000,000	354,000,000		21,000,000		179,000,000	179,000,000		40,000,000
losses on disposal		3,000,000	0				0	1,000,000	1,000,000			0	6,000,000	6,000,000	1,000,000		0	1,000,000	1,000,000	1,000,000						0	0							2,000,000	1,000,000	1,000,000	8,000,000		3,000,000	1,000,000	1,000,000	1,000,000		0	1,000,000
acquisition of subsidiaries net of cash acquired																																			-83,000,000	-83,000,000
proceeds from disposals, net of cash										0																								1,000,000																	-4,000,000
other investing activities		0	0																														-2,000,000	-4,000,000			8,000,000	-4,000,000	3,000,000	3,000,000	3,000,000	0	5,000,000	-1,000,000	5,000,000	5,000,000	25,000,000	14,000,000			-19,000,000		-11,000,000			-1,000,000	-1,000,000		0				0	-5,000,000	6,000,000	-2,000,000
proceeds from issuance of long-term debt
payment of financing costs and redemption fees																				0	8,000,000	-10,000,000	-16,000,000	-16,000,000	-16,000,000
net decrease in cash and cash equivalents		-3,000,000			-27,000,000																																																			-643,000,000	-643,000,000
transfer of cash and cash equivalents from / (to) assets classified as held for sale
cash and cash equivalents - end of year
unrealized (gains) on derivatives - net and from remeasurement of monetary assets and liabilities - net
cash and cash equivalents - beginning of period			23,000,000			33,000,000		202,000,000	202,000,000		-15,000,000													439,000,000	439,000,000										164,000,000	164,000,000								-38,000,000	347,000,000	347,000,000					472,000,000					991,000,000	991,000,000		224,000,000		233,000,000	233,000,000		0
unrealized gains on derivatives - net and from remeasurement of monetary assets and liabilities - net																		-58,000,000	-58,000,000
pension and other post-employment benefits service costs						3,000,000	4,000,000	6,000,000	6,000,000	18,000,000	0	5,000,000	6,000,000	6,000,000	-47,000,000	1,000,000	6,000,000	5,000,000	5,000,000	31,000,000	-2,000,000	10,000,000	7,000,000	7,000,000	7,000,000
change in working capital
pension and other post-employment benefits paid						-8,000,000	-11,000,000	-9,000,000	-9,000,000	-28,000,000	-2,000,000	-9,000,000	-10,000,000	-10,000,000	1,000,000	-2,000,000	-10,000,000	-11,000,000	-11,000,000	4,000,000	-3,000,000	-10,000,000	-11,000,000	-11,000,000	-11,000,000
property, plant and equipment grants received							1,000,000	6,000,000	6,000,000			0	1,000,000	1,000,000			0	1,000,000	1,000,000		-1,000,000	4,000,000	3,000,000	3,000,000	3,000,000
proceeds from issuance of long-term borrowings
repayments of long-term borrowings						-629,000,000	-2,000,000	-2,000,000	-2,000,000	-7,000,000	-44,000,000	-2,000,000	-3,000,000	-3,000,000	-2,000,000	181,000,000
net change in revolving credit facilities and short-term borrowings						2,000,000		1,000,000	1,000,000	7,000,000	-24,000,000	-66,000,000	73,000,000	73,000,000	62,000,000	-181,000,000
lease repayments						1,000,000	-7,000,000	-6,000,000	-6,000,000	-24,000,000	-4,000,000	-9,000,000	-7,000,000	-7,000,000	-3,000,000	2,000,000	-9,000,000	-11,000,000	-11,000,000	1,000,000	0	-8,000,000	-9,000,000	-9,000,000	-9,000,000	15,000,000	-2,000,000	1,000,000	-9,000,000	-8,000,000	-8,000,000	-8,000,000
net decrease in cash and cash equivalent
transfer of cash and cash equivalents from assets classified as held for sale
unrealized (gains) / losses on derivatives - net and from remeasurement of monetary assets and liabilities - net																									-30,000,000											-32,000,000
losses / (gains) on disposal																																														1,000,000
net cash flows used in investing activities									-62,000,000					-68,000,000					-32,000,000						-29,000,000							-57,000,000				-142,000,000					-44,000,000					-69,000,000											-441,000,000					-32,000,000
net cash flows used in financing activities																			-14,000,000						-145,000,000																																-214,000,000
net increase in cash and cash equivalent								-22,000,000					27,000,000	27,000,000				12,000,000
net cash flows (used in) / from financing activities								-14,000,000	-14,000,000											-185,000,000	78,000,000									-1,000,000	-1,000,000	-1,000,000					-12,000,000								-4,000,000	-4,000,000							-280,000,000	242,000,000							-17,000,000	-17,000,000			-27,000,000	93,000,000
net (decrease) / increase in cash and cash equivalent									-22,000,000
income tax expense /																									11,000,000
unrealized losses / (gains) on derivatives - net and from remeasurement of monetary assets and liabilities - net														8,000,000																		55,000,000
(gains) / losses on disposal
income tax (paid) / refunded																	-19,000,000	-4,000,000	-4,000,000	0
net increase / (decrease) in cash and cash equivalents																																86,000,000				56,000,000
transfer of cash and cash equivalents classified from / (to) assets classified as held for sale											4,000,000
cash and cash equivalents classified as held for sale - beginning of period													1,000,000	1,000,000
net cash flows from / (used in) financing activities														61,000,000																											10,000,000
reclassification as assets of disposal group classified as held for sale
income tax (benefit) / expense
income tax refunded /																							5,000,000	5,000,000	5,000,000
net increase / (decrease) in cash and cash equivalent																			12,000,000
proceeds from issuance of senior notes																						300,000,000	412,000,000	412,000,000	412,000,000																	830,000,000			610,000,000	610,000,000
repayments of senior notes
proceeds from other borrowings																		1,000,000	1,000,000			0	2,000,000	2,000,000	2,000,000
repayments of other borrowings																		-4,000,000	-4,000,000
repayments of u.s. revolving credit facilities
net income /																									48,000,000											24,000,000										13,000,000																30,000,000
repayments from u.s. revolving credit facilities
repayments from other borrowings																					6,000,000
income tax refunded
repayment of u.s. revolving credit facilities
repayment of senior notes																							-535,000,000	-535,000,000	-535,000,000								0									-949,000,000			-610,000,000	-610,000,000
proceeds from u.s. revolving credit facilities
repayment of other borrowings																							-2,000,000	-2,000,000	-2,000,000
net (decrease) / increase in cash and cash equivalents																									-99,000,000																-58,000,000					-37,000,000																-53,000,000
share of loss of joint-ventures																																		-5,000,000	-5,000,000		23,000,000	-2,000,000	9,000,000	3,000,000	3,000,000	8,000,000	-5,000,000	1,000,000	6,000,000	6,000,000	-2,000,000	8,000,000
proceeds / (repayments) from u.s. revolving credit facilities
payment of financing costs
depreciation, amortization and impairment																												2,000,000
share of income of joint-ventures
change in trade working capital
margin calls																														-4,000,000	-4,000,000	-4,000,000		5,000,000	5,000,000	5,000,000
change in provisions and pension obligations																												-17,000,000	9,000,000	-7,000,000	-7,000,000	-7,000,000	-22,000,000	-15,000,000	-11,000,000	-11,000,000	-14,000,000	-41,000,000	-2,000,000	-1,000,000	-1,000,000	13,000,000	24,000,000	20,000,000	-21,000,000	-21,000,000
other working capital																												-20,000,000	28,000,000	-13,000,000	-13,000,000	-13,000,000	17,000,000	3,000,000	17,000,000	17,000,000	-55,000,000	34,000,000	-19,000,000	-13,000,000	-13,000,000	-22,000,000		-7,000,000	2,000,000	2,000,000	4,000,000	-35,000,000			-13,000,000		-5,000,000			11,000,000	11,000,000
proceeds from french loan
proceeds from swiss credit facility
(repayments) / proceeds from u.s. revolving credit facility and other loans																												119,000,000
payment of deferred financing costs																																																			-8,000,000					-1,000,000	-1,000,000								0	-8,000,000
share of loss / (income) of joint-ventures
cash and cash equivalents - beginning of period / year
tax expense																													-11,000,000	-8,000,000	-8,000,000
proceeds / (repayments) from revolving credit facilities and other loans																														3,000,000	3,000,000	3,000,000	97,000,000						4,000,000	6,000,000	6,000,000		-29,000,000
net (loss) / income																																-31,000,000									-24,000,000
tax (income) / expense																																-8,000,000
finance costs—net
unrealized losses on derivatives—net and from remeasurement of monetary assets and liabilities—net																																								53,000,000
other—net
equity contribution and loan to joint ventures
cash and cash equivalents—beginning of year
cash and cash equivalents—end of year
net proceeds received from issuance of shares																																																															0	0
payment of deferred financing costs and exit fees
adjustments:
other – net																																		6,000,000	2,000,000	2,000,000			3,000,000	2,000,000	2,000,000				1,000,000	1,000,000
change in trade working capital:
acquisitions of subsidiaries, net of cash acquired																																		-83,000,000
proceeds from disposals net of cash																																					2,000,000											-4,000,000
equity contributions and loans to joint-ventures																																												4,000,000	-14,000,000	-14,000,000
net cash flows (used in) / from investing activities
payment of lease liabilities																																		-70,000,000	-63,000,000	-63,000,000
finance costs – net																																		89,000,000	46,000,000	46,000,000			36,000,000	34,000,000	34,000,000				54,000,000	54,000,000		122,000,000													9,000,000					25,000,000
unrealized losses on derivatives – net and from remeasurement of monetary assets and liabilities – net																																		-17,000,000											-23,000,000
proceeds from revolving credit facilities and other loans																																		76,000,000	131,000,000	131,000,000
cash and cash equivalents – beginning of period																																		164,000,000
cash and cash equivalents – end of period																																		213,000,000
share of (income) / loss of joint-ventures																																				-5,000,000
unrealized (gains) / losses on derivatives – net and from remeasurement of monetary assets and liabilities – net																																														-23,000,000
net cash flows from / (used in) operating activities																																				132,000,000										36,000,000											12,000,000
proceeds from issuance of shares
(repayments) / proceeds from revolving credit facilities and other loans																																					8,000,000
equity contribution and loan to joint-ventures																																										-17,000,000
cash and cash equivalents classified as held for sale—beginning of year
net cash flows from / (used in) investing activities
unrealized losses on derivatives—net and from remeasurement of monetary assets and liabilities – net
net cash flows (used in) / from operating activities																																							18,000,000	-24,000,000	-24,000,000										-59,000,000
proceeds from disposal net of cash
unrealized losses / (gains) on derivatives—net and from remeasurement of monetary assets and liabilities – net
cash and cash equivalents—beginning of period																																								269,000,000	269,000,000						146,000,000																			142,000,000
cash and cash equivalents—end of period																																								211,000,000	211,000,000						-271,000,000																			165,000,000
unrealized losses / (gains) on derivatives—net and from remeasurement of monetary assets and liabilities—net																																									53,000,000
net loss																																																		-35,098,000	-8,000,000	-94,513,000
payment of deferred financing costs and exit costs																																												38,000,000	-40,000,000	-40,000,000
impairment
cash and cash equivalents classified as held for sale—beginning of period
less: cash and cash equivalents classified as held for sale																																																					-3,000,000	3,000,000		-2,000,000	-2,000,000		2,000,000				1,000,000
cash and cash equivalents as reported in the consolidated statement of financial position
finance costs — net
unrealized gains on derivatives — net and from remeasurement of monetary assets and liabilities — net
other — net
proceeds/(repayments) from revolving credit facilities and other loans
net cash flows (used in)/from financing activities
cash and cash equivalents — beginning of period
cash and cash equivalents classified as held for sale — beginning of period
cash and cash equivalents — end of period
interest paid*																																												-2,000,000	-39,000,000	-39,000,000
cash and cash equivalents classified as held for sale – beginning of period																																																			4,000,000
proceeds / (repayments) from revolving credit facility and other loans																																													9,000,000	9,000,000
losses on disposal and assets classified as held for sale																																																			-1,000,000		8,000,000	-13,000,000					-8,000,000
net proceeds from issuance of senior notes
repayment of senior notes / term loan
(repayments) / proceeds from revolving credit facility and other loans
withholding tax reimbursed
acquisitions of subsidiaries net of cash acquired
repayments of senior notes / term loan
cash flows from operating activities
restructuring costs and other provisions																																																			-2,000,000		6,000,000	-5,000,000		-2,000,000	-2,000,000						-6,000,000	3,000,000	-4,000,000	-1,000,000
defined benefit pension costs																																																			12,000,000		36,000,000	-13,000,000		13,000,000	13,000,000						9,000,000	10,000,000	0	10,000,000
changes in working capital:
changes in other operating assets and liabilities:
provisions—pay out
pension liabilities and other post-employment benefit obligations payment																																																			-12,000,000
cash flows from investing activities
equity contribution to joint-ventures
proceeds from finance leases																																																			2,000,000
cash flows from financing activities
interests paid																																																			-28,000,000					-4,000,000	-4,000,000		7,000,000		-7,000,000	-7,000,000	-7,000,000	-8,000,000	-7,000,000	-14,000,000
proceeds received from issuance of senior notes																																																			375,000,000
(repayments) / proceeds of u.s. revolving credit facility and other loans
cash and cash equivalents as reported in the statement of financial position																																																					141,000,000	-38,000,000		352,000,000	352,000,000		23,000,000				34,000,000
adjustments for:
unrealized losses on derivatives – net and from remeasurement of monetary assets and liabilities - net
gains on disposal and assets classified as held for sale
provisions – pay out																																																			-2,000,000
cash flows (used in) / from investing activities
proceeds from finance lease																																																						-1,000,000		1,000,000	1,000,000		-1,000,000		1,000,000	1,000,000	1,000,000	2,000,000	1,000,000	2,000,000
cash flows (used in) / from financing activities
proceeds / (repayments) received from u.s. revolving credit facility and other loans
statement of operations data:
net sales
cost of sales
gross profit
operating expenses
selling, general and administrative expenses
transaction costs
operating income
other income
interest expense
gain on derivative instruments
loss on extinguishment of debt
total other income
accretion of redeemable preferred member interest
net income attributable to common members
balance sheet data
cash and cash equivalents
property and equipment
total assets
total debt
total member’s deficit
working capital
cash flow data:
net cash from operating activities																																																	34,128,000	-1,668,000		162,970,000						156,312,000
net cash (used in) investing activities
net cash from financing activities																																																	52,514,000	49,193,000		-73,289,000						-99,563,000
capital expenditures																																																	-15,261,000	-14,779,000		-82,229,000						-52,575,000
free cash flows																																																	18,867,000	-16,447,000		80,741,000						103,737,000
financial and other data:
adjusted ebitda																																																											-9,000,000		71,000,000
operating data
total pounds billed - rolled aluminum
body stock
end stock
tab stock
trailer roof coil
number of employees at period end
restricted group financial data is a non-gaap financial measure. a reconciliation between net income for the restricted group and net income under gaap is presented below.
operating activities:
adjustments to reconcile net loss to net cash from operating activities:
depreciation, depletion and amortization																																																	10,106,000	9,106,000
amortization of deferred loan costs and debt discount																																																	1,143,000	1,016,000		5,296,000						3,621,000
lifo inventory reserve adjustments																																																	-544,000	2,900,000		-51,693,000						24,387,000
change in allowance for doubtful accounts																																																	0	-174,000
non-cash transaction costs																																																				23,842,000
non-cash equity-based compensation
loss on derivatives, excluding cash settlements																																																		-2,600,000		6,290,000						216,000
changes in cash from operating assets and liabilities:
broker deposits																																																				1,606,000						-879,000
accounts receivable																																																	33,049,000	-3,216,000		124,469,000						125,748,000
prepaid and other current assets																																																	925,000	-2,047,000		4,457,000						-2,129,000
accounts payable																																																	-5,790,000	7,621,000		-13,953,000						54,349,000
accrued expenses and other																																																	-12,419,000	12,418,000		2,127,000						16,646,000
investing activities:
purchases of property and equipment																																																	-15,261,000	-14,779,000		-82,229,000						-52,575,000
net cash from investing activities																																																		-14,779,000		-82,229,000						-51,949,000
financing activities:
payments on revolving credit facility																																																	-60,313,000	-47,687,000
payments on other long-term debt and capital leases																																																	-855,000	-1,007,000
payments of debt issuance costs and other																																																				-1,102,000						-5,158,000
cash equity contributions from wise intermediate holdings																																																	113,682,000	97,887,000		153,793,000
cash and cash equivalents at beginning of period																																																	0	10,297,000		2,845,000						20,332,000
cash and cash equivalents at end of period																																																	71,381,000	43,043,000		10,297,000
supplemental disclosures of cash flow information:
interest payments																																																	28,916,000	768,000		60,068,000						33,272,000
capitalized interest																																																	900,000	843,000		1,836,000						2,948,000
equity contribution from wise intermediate holdings - non-cash																																																				10,000,000
equipment acquired, capital lease and direct financing																																																				27,000						4,007,000
unrealized losses on derivatives net and from remeasurement of monetary assets and liabilities - net																																																			-30,000,000
share of loss of joint ventures																																																			1,000,000
provisions - pay out
pension liabilities and other post-employment benefit obligation payments
net cash flows from / (used in) from financing activities
adjustments to reconcile net income to net cash from operating activities:
(gain) loss on derivatives, excluding cash settlements
acquisition of subsidiaries, net of cash acquired
equity contribution to joint ventures
proceeds / (repayments) of u.s. revolving credit facility and other loans																																																			-34,000,000
net (loss) attributable to common members
depreciation, depletion, amortization and impairments																																																				35,857,000
non-cash loss on extinguishment of debt
provision for bad debts																																																				63,000						185,000
gain on sale of assets
reserve for other receivables																																																										97,000
employee retirement benefits																																																				-785,000						969,000
proceeds from disposals of property and equipment
proceeds from sale of available-for-sale securities																																																										626,000
(repayments) borrowings on revolving credit facility																																																				-218,453,000
proceeds from senior secured notes
proceeds from long-term debt																																																										148,500,000
payments on long-term debt and capital leases																																																				-5,616,000
payment of redeemable preferred member interest
distribution to wise holdings - wise recycling cash component
cash dividend paid to wise intermediate holdings																																																				-1,911,000
distribution to wise holdings - wise recycling non-cash component
net income from continuing operations																																																								-31,000,000
share of loss /(profit) of joint-ventures
proceeds from disposals, including joint-venture
issuance of shares of joint-ventures
interim dividend paid																																																															0	0
distribution of share premium to owners of the company																																																															0	0	0	-103,000,000
withholding tax reimbursed /
proceeds received from term loan and senior notes
repayment of term loan																																																													-1,000,000	-1,000,000	0	-1,000,000	-1,000,000	-154,000,000
proceeds/ (repayments) of u.s revolving credit facility and other loans
cash flows (used in) / from operating activities
finance costs –net
depreciation and impairment																																																						-51,000,000		32,000,000	32,000,000		1,000,000		9,000,000		13,000,000	10,000,000	5,000,000	4,000,000
share of loss of joint-venture
provisions																																																						3,000,000		-3,000,000	-3,000,000		1,000,000		-3,000,000	-3,000,000	-5,000,000	-4,000,000	-4,000,000	-4,000,000
pension liabilities and other post-employment benefit obligations																																																						13,000,000		-15,000,000	-15,000,000		-3,000,000		-12,000,000	-12,000,000	-11,000,000	-10,000,000	-12,000,000	-10,000,000
proceeds from disposal																																																															0	0
proceeds received from u.s. revolving credit facility and other loans
repayment of u.s. revolving credit facility
(repayment) / proceeds of other loans
net cash flow from operating activities
margin calls included in cash flow from operating activities
net cash flow from operating activities excluding margin calls
capital expenditure
adjusted free cash flow
unrealized losses on derivatives net and from remeasurement of monetary assets and liabilities																																																								46,000,000
share of (profit) / loss of joint ventures																																																								1,000,000	1,000,000
purchases of net assets on acquisition – net cash and cash equivalents																																																								-348,000,000
investment in joint ventures																																																								-9,000,000	-9,000,000
repayment of loans																																																								-199,000,000	-199,000,000
net (loss) / income from continuing operations																																																									-31,000,000
unrealized losses / (gains) on derivatives net and from remeasurement of monetary assets and liabilities																																																									46,000,000
cash flows used in investing activities
purchases of net assets on acquisition – net cash																																																									-348,000,000
cash flows used in financing activities
investment in joint-venture
net proceeds received from issuance of share
net cash flows from factoring
proceeds of other loans																																																											3,000,000
benefit from bad debts
investment in joint venture
withholding tax received
proceeds received from term loans and senior notes
operating activities
net incomes																																																										-22,420,000
non-cash equity compensation																																																										1,388,000
repayments on revolving credit facilities																																																										-126,634,000
repayments of long-term debt and capital leases																																																										-2,933,000
distribution to wise holdings—wise recycling cash component																																																										-2,338,000
distribution to wise holdings																																																										-111,000,000
cash and cash equivalents at end of period including cash included with assets held for sale																																																										25,132,000
supplemental disclosure of cash flow information:
distribution to wise holdings—wise recycling non-cash component																																																										16,092,000
less: net income from discontinued operations
less: net income attributable to non-controlling interests																																																													-1,000,000	-1,000,000	-1,000,000
net income from continuing operations before non-controlling interests																																																											-17,000,000		29,000,000
margin call																																																													11,000,000	11,000,000
other working capital - net																																																											30,000,000
purchase of net assets on acquisition – net of cash and cash equivalents
proceeds from disposal of joint-venture
withholding tax paid																																																															0	0
net cash flows / (used in) from financing activities
a&t																																																											-13,000,000
p&arp																																																											-3,000,000
as&i																																																											-2,000,000
holdings and corporate																																																											9,000,000
total																																																											-9,000,000
net (income) from discontinued operations
income before income tax																																																											-19,000,000		46,000,000
other expenses
share of profit of joint-ventures																																																															0
income from operations																																																											-36,000,000		56,000,000
unrealized losses from re-measurement of monetary assets and liabilities																																																											1,000,000		2,000,000
unrealized losses on derivatives																																																											42,000,000		1,000,000
restructuring costs																																																											0		3,000,000
apollo management fees
start-up and development costs																																																											1,000,000		3,000,000
ravenswood opeb plan amendment
(unfavorable)/favorable metal price lag
purchase of net assets on acquisition - net of cash and cash equivalents
share of results of joint-ventures
metal price lag
cash flow from operating activities
cash flow from operating activities excluding margin calls
borrowings
fair value of cross currency interest swap
cash pledged for issuance of guarantees
net debt
other working capital																																																													5,000,000	5,000,000
proceeds from disposal of ain entities
net cash flows (used in) / from factoring
proceeds received from term loan																																																															0	0	0	351,000,000
proceeds / repayment of other loans																																																													-1,000,000	-1,000,000			-12,000,000	16,000,000
other expenses/share of results of joint-ventures																																																													1,000,000
gain on ravenswood opeb plan amendment																																																													-8,000,000
metal lag																																																													2,000,000
cash flows from / (used in) operating activities
less: net income / (loss) from discontinued operations
net income / (loss) from continuing operations before non-controlling interests																																																														29,000,000
net cash flows used in operating activities																																																														-4,000,000
cash flows (used in ) / from operating activities
finance costs–net
unrealized losses on derivatives-net and from remeasurement of monetary assets and liabilities—net
loss on disposal																																																															2,000,000
trade receivables and other																																																															98,000,000	72,000,000	-1,000,000	-135,000,000
trade payables and other																																																															-37,000,000	-44,000,000	-2,000,000	54,000,000
purchase of net assets on acquisition—net of cash and cash equivalents acquired
proceeds from disposal of joint-ventures																																																															0
payment of deferred financing costs and debt fees																																																															0
net income for the period
less: net loss from discontinued operations
net income for the period from continuing operations before non-controlling interests
income tax																																																																21,000,000	16,000,000	6,000,000
proceeds from other loans
changes related to discontinued activity
net profit for the period																																																																	24,000,000	-2,000,000
less: net profit attributable to non-controlling interests																																																																	0	-1,000,000
net profit for the period from continuing operations before non-controlling interests																																																																	24,000,000	-3,000,000
gain on disposal
unrealized gains on derivatives and from remeasurement of monetary assets and liabilities																																																																		32,000,000

Constellium SE(NYSE:CSTM)

Constellium SE
(NYSE:CSTM)