Constellium back in black in Q2 despite 10% y/y decline in sales
Company’s reports strong growth in adjusted EBITDA per metric tonne
Constellium has reported net income of EUR9 million (USD10 million) for the second quarter ended 30 June 2016, compared to net loss of EUR47 million (USD52.1 million) a year earlier, the company said in a press release. The company recorded an operating income of EUR80 million (USD88.7 million) against an operating loss of EUR3 million (USD3.3 million) in the second quarter of 2015.
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