Constellium SE (CSTM) reported second quarter net income of 71 million euros compared to 32 million euros, a year ago. Earnings per share was 0.48 euros compared to 0.21 euros. The company said the increase in net income is primarily related to favorable changes in gains and losses on derivatives mostly related to hedging positions and lower selling and administrative expenses, partially offset by lower gross profit and higher income tax expense.
Revenue was 1.8 billion euros, down 8% compared to prior year. Shipments were 378 thousand metric tons, down 5% from last year. The company said its revenue decreased primarily due to lower shipments and unfavorable price and mix, partially offset by higher metal prices.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.