METLEN Marks Capital Markets Day in London with Strategic Growth Plans for the Future

Introduction

On April 29, 2025, METLEN, a prominent industrial and energy multinational, held its Capital Markets Day at the London Stock Exchange. The event served as a platform for the company's executive leadership to present a strategic roadmap aimed at reaching an EBITDA target of €2 billion in the medium term. Key to this strategy are new growth pillars, which METLEN emphasized align with its commitment to sustainability and operational excellence.

Key Highlights from the Event

The Capital Markets Day presented comprehensive updates across METLEN's business sectors. Notably, the CEO, Evangelos Mytilineos, discussed the company's transition into a new strategic cycle, focusing on critical metals such as gallium, circular metals, and defense, alongside energy, metals, infrastructure, and concessions.

Financial Performance

One of the standout messages from the presentation was METLEN's impressive financial growth. Since 2020, the company has successfully tripled its EBITDA, significantly increased revenue, and expanded its geographical presence. This robust financial performance is a testament to METLEN’s effective integrated business model.

Commitment to Growth

METLEN aims to double its EBITDA in the near future through a disciplined approach, aiming for sustainable growth derived from its high-quality integrated business framework. This model not only targets current operational efficiencies but also positions METLEN as a leader in the energy transition era.

Strong Liquidity

The company's disciplined financial management has consistently maintained a leverage ratio below 2x, even during significant capital investment cycles. With a strong liquidity position exceeding €3 billion (as of December 2024), METLEN has the financial flexibility to execute its strategic plans confidently. The appreciation of its stock price since 2020 further reflects the strong operational performance and growing international visibility.

Capital Markets Expansion

As part of its future vision, METLEN is set to pursue dual-listing on both the London and Athens stock exchanges through a share exchange offer. This move is expected to solidify METLEN’s market capital profile and enhance shareholder value, while also improving accessibility to global investors.

Sector Assessments

Energy Sector

The energy division remains a critical growth driver for METLEN. The company has surpassed 2 GW in its renewable energy pipeline, supported by over €1.5 billion in EPC project backlog, ensuring ongoing reinvestment through an Asset Rotation Plan. METLEN also targets a 30% market share in the Greek retail energy market by 2028 while expanding into electricity networks, data centers, and digital demand management.

Metals Sector

METLEN is enhancing its capabilities in circular metallurgy, utilizing proven technologies to recover critical metals from industrial waste with recovery rates of up to 99%. This initiative is projected to yield approximately 290 ktpa of high-value strategic materials, significantly impacting both profitability and environmental benefits. Additionally, METLEN’s recent entry into the gallium market aligns Greece within the European gallium value chain.

Infrastructure and Concessions

METLEN is well-positioned to benefit from the approximately €18 billion annual infrastructure wave in Greece. Its dual-structure, incorporating engineering execution with long-term concession development, creates a self-sustaining model linking project construction with recurring revenues. Prominent projects, including the Thessaloniki overpass and bioclimatic school units, exemplify this integrated approach.

Conclusion

The Capital Markets Day represented a pivotal moment in METLEN's long-term growth strategy. The event underscored the company's unwavering commitment to operational excellence, disciplined investment, and top-tier performance—cornerstones that continue to define METLEN as a resilient and forward-thinking industry leader. The future looks bright as METLEN embarks on its ambitious roadmap, aiming to reshape the landscape of the industrial and energy sectors for years to come.

Further Information

For a detailed look at the presentation from the Capital Markets Day, visit this link. Additionally, multimedia content from the event, including a recording of CEO Evangelos Mytilineos' statements, can be found through the provided links.