Slide 1: Third Quarter 2015 Earnings Conference Call
Third Quarter 2015 Earnings Conference Call Exhibit 99.2
Slide 2: Forward-looking statements
Forward-looking statements
Slide 3: Non-GAAP measures
4 Non-GAAP measures This presentation includes information regarding certain non-GAAP financial measures, including Adjusted EBITDA, Adjusted EBITDA per metric ton, Adjusted Free Cash Flow and Net Debt. These measures are presented because management uses this information to monitor and evaluate fin
Slide 4: Pierre Vareille, Chief Executive Officer
Pierre Vareille Chief Executive Officer 5 Constellium
Slide 5: Q3 2015 Highlights (vs Q3 2014)
y Q3 2015 Highlights (vs Q3 2014) v v v v v Shipments of 374 thousand metric tons, up 41% Revenue of €1.26 billion, up 36% Adjusted EBITDA of €79 million, up 10% despite €6 million impact of scalper outage Automotive rolled products shipments up 13%; automotive extruded products shipments up 11% AS&
Slide 6: Packaging and Automotive Rolled Products Segment
Packaging and Automotive Rolled Products Segment
Slide 7: Aerospace and Transportation Segment
Aerospace and Transportation Segment
Slide 8: Automotive Structures and Industry Segment
Automotive Structures and Industry Segment
Slide 9: Didier Fontaine, Chief Financial Officer
Didier Fontaine Chief Financial Officer 5 Constellium
Slide 10: Q3 2015 Adjusted EBITDA vs Q3 2014
Q3 2015 Adjusted EBITDA vs Q3 2014
Slide 11: Q3 2015 Segment Performance vs Q3 2014
Q3 2015 Segment Performance vs Q3 2014
Slide 12: Adjusted Free Cash Flow
y | Adjusted Free Cash Flow Three months ended | Three months ended millions September 30,2015 | September 30, 2014 Cash flow from operating activities 80 76 Margin calls included in cash flow fr rating activiti = # Cash flow from operating activities excluding margin 0 78 calls Capital expenditures
Slide 13: Continued Improvement in Net Trade Working Capital
Continued Improvement in Net Trade Working Capital
Slide 14: Liquidity Profile
y Liquidity Profile € millions Total Debt Cash and Cash Equivalents Net Debt Liquidity © September 30, 2015 2,119 1,788 877 Solid plans to enhance liquidity and reduce leverage by year-end 2015 (© Including fair value of cross currency interest swap and cash pledged forissuance of guarantees " Liqui
Slide 15: Capital Expenditure Plan
A Capital Expenditure Plan € millions 2015 2016 I Total recurring Mill BiW Europe Mill BiW US* 2017 Other projects** @ Consteltium ‘Third Quarter 2018 ~ Earnings Call
Slide 16: Key Takeaways - Constellium
y Key Takeaways - Constellium v Solid Q3 results with shipments, revenue and Adjusted EBITDA up +41%, +36% and +10% respectively, compared to Q3 2014 v Strength in ive business i to P&ARP segment and drives record performance in AS&l segment » Reduced capital expenditures enhance financial flexibili
Slide 17: Q&A
Q&A ‘Third Quarter 2018 ~ Earnings Call 17
Slide 18: Appendix
Appendix 5 Constellium ‘Third Quarter 2015~Eamings Call 18
Slide 19: IFRS - Income Statement
y IFRS - Income Statement Three months ended | Three months ended Smilers) September 30, 2015 | September 30, 2014 Revenue (Loss) / income from operations oy 34 Finance costs - net (40) (10) (Loss) / income before income taxes (42) 24 Income tax expense (3) (12) (45) 12 Net (loss) /income + Constell
Slide 20: IFRS - Income Statement
y IFRS - Income Statement € millions Revenue (Loss) / income from operations Other expenses Finance costs — net Share of loss of joint-ventures (Loss) / income before income taxes Income tax benefit / (expense) Net (loss) / income Nine months ended September 30, 2015 Nine months ended September 30,
Slide 21: IFRS - Statement of Financial Position
y | IFRS — Statement of Finan jal Position € millions At September 31 At December 31, 2014 Non-current assets 2,416 952 Current assets 1,551 2,046 Assets held for sale 8 14 Total Assets 3,975 3,012 Equity (149) (37) Non-current liabilities 2911 1,991 Current liabilities 1,198 1,050 Liabilities held
Slide 22: Net Debt Reconciliation
y | Net Debt Reconcilia € millions September 30, 2015 | December 31, 2014 Borrowings 2,188 1,252 Fair value of cross currency interest rate swap (68) (29) Cash and cash equivalents (331) (989) Cash pledged for issuance of guarantees (11) (10) Net Debt 1,788 224 ¢ Constellium ‘Third Quarter 2018 - Ea
Slide 23: Reconciliation of net income to Adjusted EBITDA
y | Reconciliation of net income to Adjusted EBITDA Nine months ended | Nine months ended September 30,2015 | September30, 2014 Threemonths Three months o € millions ended ended September 30,2015 | September30, 2014 Net (loss) / income (45) 2 (123) 70 Income tax expense / (benefit) 12 ©) rr) (Loss)
Slide 24: Reconciliation Adjusted EBITDA to Net Income - Muscle Shoals
y Reconciliation Adjusted EBITDA to Net Income — Muscle Shoals € millions ‘Adjusted EBITDA Metal price lag Start-up and development costs, Wise acquisition and integration costs Wise Mid-West premium loss Unwinding of Wise previous hedging policies Effects of purchase accounting adjustment Restructu
Slide 25: Liquidity Details
A Liquidity Details Ravenswood ABL 60 Wise ABL 7 Factoring 139 Revolving Credit Facility * - Other 10 Total 246 Cash and cash equivalents 331 Total Liquidity 877 * The €145 million Revolving Credit Facilty is undrawn but is not considered available as our leverage is currently higher than 5.0 + Cons