Constellium logs net loss in first quarter

Jun 17, 2013 | 03:15 PM | Michael Cowden

Tags  Constellium, quarterly earnings, LME, London Metal Exchange, Airbus, aerospace, automotive, building construction

CHICAGO — Constellium NV drew red ink in its first quarter since going public.

Constellium posted a net loss of €2 million ($2.7 million) in the three months ended March 31, in contrast to restated net income of €55 million in the same period a year earlier, on revenue that fell 2.6 percent to €911 million ($1.22 billion) from €935 million. Shipments slipped to 260,000 tonnes in the first quarter of 2013, down 1.9 percent from 265,000 tonnes....





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