Constellium SE (NYSE:CSTM) Q3 2024 Earnings Call Transcript October 23, 2024 10:00 AM ET

Company Participants

Jason Hershiser - Director, Investor Relations
Jean Germain - Chief Executive Officer
Jack Guo - Chief Financial Officer

Conference Call Participants

Katja Jancic - BMO Capital Markets
Bill Peterson - JPMorgan
Timna Tanners - Wolfe Research
Josh Sullivan - The Benchmark Company

Operator

Hello, everyone and welcome to the Constellium Third Quarter 2024 Earnings Call. My name is Drew, and I will be coordinating your call today. [Operator Instructions]

I would now like to hand you over to Jason Hershiser, Director of Investor Relations to begin. Please go ahead, Jason.

Jason Hershiser

Thank you, Drew. I would like to welcome everyone to our Third Quarter 2024 Earnings Call. On the call today, we have our Chief Executive Officer, Jean-Marc Germain; and our Chief Financial Officer, Jack Guo. After the presentation, we will have a Q&A session. A copy of the slide presentation for today's call is available on our website at constellium.com, and today's call is being recorded.

Before we begin, I would like to encourage everyone to visit the Company's website and take a look at our recent filings. Today's call may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include statements regarding the Company's anticipated financial and operating performance, future events and expectations and may involve known and unknown risks and uncertainties. For a summary of specific risk factors that could cause results to differ materially from those expressed in the forward-looking statements, please refer to the factors presented under the heading Risk Factors in our Annual Report on Form 20-F.

All information in this presentation is as of the date of the presentation. We undertake no obligation to update or revise any forward-looking statement as a result of new information future events or otherwise, except as required by law.

In addition today's presentation includes information regarding certain non-GAAP financial measures. Please see the reconciliations of non-GAAP financial measures attached in today's slide presentation which supplement our IFRS disclosures. Before turning the call over to Jean-Marc, I wanted to remind everyone that earlier this year, we revised the definition of adjusted EBITDA at the consolidated level based on prior discussions with the SEC. The new definition will no longer exclude the noncash impact of metal price lag.

We will continue to provide investors and other stakeholders with a noncash metal price lag impact as it is necessary to get a true assessment of the economic performance of the business. Our segment adjusted EBITDA will continue to exclude the impact and any guidance we provide for adjusted EBITDA will also exclude the impact.