Constellium Expects 2025 Adj EBITDA Of $620M-$650M, Free Cash Flow Over $120M And FY28 Adj EBITDA Of $900M, Free Cash Flow Of $300M

Outlook

Based on our current outlook, for 2025 we expect Adjusted EBITDA, which excludes the non-cash impact of metal price lag, to be in the range of $620 million to $650 million and Free Cash Flow in excess of $120 million. For 2028, we expect Adjusted EBITDA, which excludes the non-cash impact of metal price lag, of $900 million and Free Cash Flow of $300 million.