28.08.2014 13:27:53
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Constellium Q2 Profit Up - Quick Facts
(RTTNews) - Aluminium components maker Constellium N.V. (CSTM) Thursday reported a modest increase in earnings as well as revenues for the second quarter.
For the 3-month period, net earnings were 28 million euros or 0.26 euro per share, a rise from 24 million euros or 0.25 euro per share a year ago.
On average, nine analysts polled by Thomson-Reuters estimated the company's earnings to be $0.43 for the quarter. Analysts' estimates typically exclude one-time items.
Adjusted EBITDA totaled 81 million euros, compared with 85 million euros a year earlier.
Quarterly revenues were 920 million euros, up slightly from 916 million euros a year earlier, helped by volume growth, hurt by lower London Metal Exchange prices.
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