The aluminum producer forecasts adjusted EBITDA of $980M-$1.02B and over $300M free cash flow by 2026 amid aerospace and recycling growth.
Constellium (CSTM) announced a 2026 target of $980M-$1.02B in adjusted EBITDA and more than $300M in free cash flow. The outlook follows record performance in Q2 2026, driven by aerospace demand and recycling momentum.
The company cited strong first-half results and an improved outlook as key factors behind the raised guidance. Prior quarters showed steady growth, with Q2 2026 marking a new high for adjusted EBITDA.
Management attributed the positive trajectory to operational efficiency and sector tailwinds, though no immediate market reaction was disclosed.