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Constellium N.V. Bottom Line Falls In Q1

Constellium N.V. (CSTM) announced a profit for first quarter that decreased from last year

The company's bottom line came in at Euro16 million, or Euro0.11 per share. This compares with Euro20 million, or Euro0.14 per share, in last year's first quarter.

The company's revenue for the quarter fell 11.5% to Euro1.731 billion from Euro1.956 billion last year.

Constellium N.V. earnings at a glance (GAAP) :

-Earnings (Q1): Euro16 Mln. vs. Euro20 Mln. last year.
-EPS (Q1): Euro0.11 vs. Euro0.14 last year.
-Revenue (Q1): Euro1.731 Bln vs. Euro1.956 Bln last year.

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All eyes were on the U.S. Federal Reserve this week as the bank announced its latest policy decision. Find out the signals given out by Chair Jerome Powell regarding the future path of interest rates. Some key data on the U.S. private sector economy were also released. Other main news included the flash estimates of first quarter GDP from Eurozone. Elsewhere, the Paris-based think tank OECD released its latest round of macroeconomic projections for the global economy.

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