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the markets. strong can end you see breakout left, America North revenue of our across LTM is Europe. the our The and market both packaging X On in
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this are can As I to number last sheet a platform across market. serve quarter, mentioned capacity increase investigating to our growing packaging we initiatives of
expect be We through this debottlenecking will both and additional achieved investments.
automotive. stoppages throughout to semiconductor continue term, be fourth Near hindered by the now the this we third demand shortage. production Moving into expect continues to the experienced quarter. and automotive OEMs to quarter,
strong, has for Constellium where However, demand we remains vehicles SUVs believe light especially underlying trucks, greater consumer exposure. and luxury
now to products aerospace. remained level. at our turn a Demand Let's has low for
in the increasing. chain aerospace is optimism However, supply
to aerospace shipments the difficult quarters. year-over-year expect in we to pinpoint While coming growth precise show timing, in
Constellium's markets are in fuel both we generally in markets. term, Europe specialties, more health In growing these range in in Across niche upon efficient are the passenger Europe to on aerospace each economies other for execute industrial fundamentals general, these expanding we diversified demonstrated our of products of dependent demand Over the North and continue the bring. and greater demand to that value strategy intact, X customers that growth a including we the and markets, end strong the In America. aircraft. have longer traffic North remain new, driving remain Specialties our America. of markets of products confident
and increase Over contractual protections. the past pricing been to able we obtain X have years,
earlier, are price increases to expect we mentioned offset we inflation experiencing. As Peter largely these the
be to we facing better manage While current them. are inflationary we pressures, equipped to obviously the not prefer would much
Page to now XX. turn Let's
segments. you diversified can left as circular benefits portfolio beverage lightweighting package. by from our As are preferred the aluminum the of the can of electrification transportation sustainability, slide, and on in side of these favorable economy, secular a see and market megatrends the including trends our each Several across driven
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the packaging in being choice, sustainable, alcoholic recyclable water, only lifecycle cans to This is infinitely beverage inherently few shelf launches the with a that there of can. increasingly XX% beverage with for XX in steel additional wine as in substantial new compares XXXX. are and material cans than Aluminum to notably returns believe We them opportunities Lastly, of are XX% other drinks. days. more in as back cans,
strategy like our Before increasingly our highlight risk Most to of the I I would fact the top that efforts I within the Constellium have at the peers validation that strong to sustainability ESG in year. believe this about recent and placing conclude, are acknowledged. being forward recently, XXXX details sharing the of years, metals and more industry. of is improved us we Sustainalytics top diversified our X% rating, next made progress sustainability early We look
third proud I Turning performance. Slide now Constellium's of and quarter very to key detail we guidance. financial messages XX, our am
has We that XXXX delivered than headwinds. challenging expected surpass are we We successfully overcoming adjusted more navigating EBITDA been substantial an in July. levels, environment that
of generation, and Importantly, our record flow track free deleveraged we we our further balance extended cash sheet.
many believe Constellium I are benefit secular of to forward, is for from solution. Looking megatrends. Constellium part there the opportunities
a have already future we in plant capture to actions for the growth to opportunities, of We continue taken manner. some and disciplined these will seeds
will and million in on free cash of focused we the free adjusted are shareholder cost that, please. creation. €XXX million. performance, Q&A For and excess session, open We remain €XXX flow With cash XXXX, of to now million generation value targeting EBITDA control, €XXX we flow operator, operational