Constellium Aluminium Earnings Rise Despite Flood Disruptions

France’s Constellium

Packaging and Automotive Segments Lead Quarterly Growth

France-based aluminium producer Constellium posted strong results for the first quarter, driven by robust demand in packaging and automotive rolled products. The company reported EBITDA of $186 million, up 26.5% year on year, underscoring resilient Constellium aluminium earnings despite ongoing challenges. Revenues rose 5% to $2 billion, although overall shipment volume declined by 2% to 372,000 tonnes.

Aerospace and Industrial Divisions Weaken on Demand Slowdown

Constellium’s aerospace and transport division recorded an EBITDA decline of 14% to $75 million, with shipments down 11%. The automotive structures and industry division also struggled, reporting a 50% EBITDA drop to $16 million as shipments fell 12%. However, these declines were partially offset by packaging and rolled products, which saw EBITDA rise 25% to $60 million with a 2% increase in shipments.

Recovery Continues After Swiss Flood Event

Operations in Valais, Switzerland, are still recovering from a severe flood in 2023 that impacted output across key product lines. Nevertheless, Constellium demonstrated operational resilience. CEO Jean-Marc Germain highlighted that packaging demand remains robust, helping offset weakness in other sectors and boosting Constellium aluminium earnings.

The Metalnomist Commentary

Constellium's ability to grow EBITDA amid operational setbacks and weak industrial demand highlights strategic positioning in resilient sectors. As infrastructure rebuilds and packaging demand persist, Constellium aluminium earnings are poised for stable performance through 2025.