Constellium Expects 'Significantly Stronger' 2027 In Aerospace, Plans To Reprice Contracts As Capacity Tightens
The CEO also said debottlenecking could add up to 20% more plate capacity over several years, at little cost.
Constellium expects aerospace to be "significantly stronger" next year, and CEO Ingrid Joerg said on the company's third-quarter earnings call Wednesday that tight industry capacity will let it reprice some aerospace contracts in 2027. The maker of specialty aluminum plate, sheet, foil and extrusions also said it could add up to 20% more plate capacity over several years.
Tight capacity, higher prices
Answering a Deutsche Bank analyst, Joerg said that based on customers' ambitions to raise build rates,
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The company said it will update investors on its progress in February.
Sources
- Constellium (CSTM) Beats Q3 Earnings and Revenue Estimates — Yahoo Finance
- Constellium shares fall as shipments decline, outlook signals slower growth (CSTM:NYSE) | Seeking Alpha — seekingalpha.com
- Is Constellium Stock a Smart Buy Before Q3 Earnings Release? — Yahoo Finance
- Constellium vs. Ryerson: Which Metal Stock Should You Invest in Now? — Yahoo Finance
- Constellium Reports Strong Third Quarter 2026 Results; — globenewswire.com