Constellium posts $31.8M profit

Aug 29, 2013 | 06:23 PM | Everdeen Mason

Tags  aluminum, constellium, earnings report, Pierre Vareille, Didier Fontaine, Everdeen Mason

NEW YORK — Constellium NV’s financial results improved in its second quarter as a public company, posting net income of €24 million ($31.8 million) for the three months ended June 30 vs. a €19-million net loss in the same period last year.

Revenue totaled €916 million ($1.21 billion), down 6.1 percent from €976 million in the same comparison, as shipments slipped 0.9 percent to 274,000 tonnes from 277,000 tonnes.....

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