By Elias Schisgall
Shares of Constellium rose after the company posted fourth-quarter revenue ahead of Wall Street expectations and reaffirmed its 2028 financial targets.
Shares were up 8.6% to $25.42 in Wednesday afternoon trading. The stock has more than doubled in value in the past year.
The aluminum-products company on Wednesday recorded a quarterly profit of $113 million, or 80 cents a share, compared with a loss of $47 million, or 34 cents a share, a year earlier.
Revenue grew to $2.2 billion, up from $1.72 billion a year prior and ahead of analysts' expectations of $2.06 billion, according to FactSet.
For the current year, the company is projecting adjusted earnings before interest, taxes, depreciation, and amortization of between $780 million and $820 million and free cash flow above $200 million.
The company said it remains confident in its target of $900 million in adjusted Ebitda and $300 million in free cash flow by 2028.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
February 18, 2026 14:21 ET (19:21 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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