CONSTELLIUM SE (CSTM) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	6-K	6-K	6-K	6-K	6-K	6-K	20-F	20-F
Revenues:
Holdings & Corporate								29
Aerospace rolled products								861
Transportation, Industry and other rolled products								487
Packaging rolled products								2,205
Other								1,571
Total revenues	8,120	6,152	4,883	5,907	5,686	5,237	4,743	5,153
Revenue growth [+]	32.0%	26.0%	-17.3%	3.9%	8.6%	10.4%	-8.0%	40.6%
Aerospace rolled products								29.1%
Transportation, Industry and other rolled products								-7.2%
Packaging rolled products								90.1%
Automotive rolled products								22.2%
Cost of goods sold	7,448	5,488	4,393	5,305	5,148	4,682	4,227	4,703
Gross profit	672	664	490	602	538	555	516	450
Gross margin	8.3%	10.8%	10.0%	10.2%	9.5%	10.6%	10.9%	8.7%
Selling, general and administrative	282	258	237	276	247	247	254	245
Research and development	48	39	39	48	40	36	32	35
Other operating expenses	8	-117	89	23	-154	-574	-21	131
EBITDA [+]	621	751	384	511	602	1,017	406	179
EBITDA growth	-17.3%	95.6%	-24.9%	-15.1%	-40.8%	150.5%	126.8%	10.5%
EBITDA margin	7.6%	12.2%	7.9%	8.7%	10.6%	19.4%	8.6%	3.5%
Depreciation and amortization	287	267	259	256	197	171	155	140
EBIT [+]	334	484	125	255	405	846	251	39
EBIT growth	-31.0%	287.2%	-51.0%	-37.0%	-52.1%	237.1%	543.6%	-75.9%
EBIT margin	4.1%	7.9%	2.6%	4.3%	7.1%	16.2%	5.3%	0.8%
Non-recurring items [+]					1	4	5	465
Asset impairment								457
Other income (expense), net	-131	-167	-159	-173	-182	-793	-181	-158
Pre-tax income	203	317	-34	82	222	49	65	-584
Income taxes	-105	55	-17	18	-32	-80	69	-32
Tax rate		17.4%	50.0%	22.0%			106.2%	5.5%
Minority interest	7	5	4	5	2
Earnings from continuing ops	308	262	-34	128	380	-62	-4	-552
Earnings from discontinued ops	0	0
Net income	308	262	-34	128	380	-62	-4	-552
Net margin	3.8%	4.3%	-0.7%	2.2%	6.7%	-1.2%	-0.1%	-10.7%

Basic EPS [+]	$2.14	$1.86	($0.15)	$0.94	$2.82	($0.56)
Growth	15.4%	-1338.8%	-116.0%	-66.8%	-601.0%
Diluted EPS [+]	$2.10	$1.78	($0.15)	$0.90	$2.75	($0.56)
Growth	18.0%	-1286.8%	-116.7%	-67.4%	-588.8%

Shares outstanding (basic) [+]	144	141	227	137	135	110
Growth	1.9%	-37.8%	65.6%	1.6%	22.3%
Shares outstanding (diluted) [+]	147	147	227	143	138	110
Growth	-0.4%	-35.1%	58.9%	3.3%	25.4%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.