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Metlen Energy & Metals: Nine Months 2025 Trading Update

On November 6, 2025, Metlen Energy & Metals (LSE: MTLN, Bloomberg: MTLN.LN) announced its trading update highlighting significant growth during the nine months leading up to September 30, 2025. The company reported a revenue increase to €5.115 billion, up from €4.203 billion during the same period in 2024, marking a remarkable 22% growth. This upward trajectory underscores Metlen's commitment to achieving its EBITDA goals for the entire year.

Adding to its achievements, Metlen was recently included in the prestigious FTSE 100 Index, reflecting the company's ongoing expansion, investor confidence, and strengthened position in the international capital markets. Fitch Ratings reaffirmed Metlen's credit rating at 'BB+' with a stable outlook, emphasizing the company's solid financial profile.

In a momentous move for its future, Metlen confirmed its final investment decision for Greece's largest standalone energy storage unit. Located in Thessaly, the project involves a 330 MW / 790 MWh Battery Energy Storage System (BESS), slated for completion in the second quarter of 2026. This initiative is pivotal for enhancing the stability and flexibility of the energy grid as part of a broader energy transition strategy.

Furthermore, Metlen has secured long-term power purchase agreements and strategic partnerships with organizations like Copec EMOAC in Chile, ENGIE in the UK, and HRE (Brookfield Renewable Partners) in South Korea.

Investment Growth and Future Strategies

Evangelos Mytilineos, Chairman and CEO of Metlen, stated, "In the first nine months of 2025, our company has achieved a remarkable increase in investments while maintaining strong performance across all core business sectors. Despite geopolitical uncertainties, trade tensions, and increased volatility in global energy and metal markets, our growth trajectory remains intact."

He added, "The strategic investments reflect the commitments we made during our Capital Markets Day in April 2025 in London. These initiatives are focused on key areas for future growth and industrial transformation."

Among the most advanced projects are the Bauxite-Alumina-Gallium project and the Circular Metals pilot facility, which is currently in its commissioning phase. The third facility in our M Technologies Hub in Volos is expected to commence operations in Q2 2026. The major standalone battery storage unit is also projected to begin operations by the same date.

Overall, these initiatives will enhance synergies among Metlen's business segments and support the achievement of our ambitious strategic and financial goals. The trading update reflects the sound financial and operational performance of Metlen Energy & Metals SA for the nine months ending September 30, 2025. Notably, there were no significant discrepancies between the financial and operational performances of Metlen Energy & Metals PLC and its SA counterpart during this period.

Financial Highlights

Metlen Energy & Metals Plc is primarily listed on the London Stock Exchange and secondarily on the Athens Stock Exchange and is part of the FTSE 100 Index. In 2024, Metlen recorded consolidated revenues of €5.68 billion and an EBITDA of €1.08 billion, reflecting a 7% increase from the previous year, along with a net profit of €615 million. Its adjusted net debt stood at €1.78 billion, translating to a net debt/EBITDA ratio of 1.7x, indicating strong financial resilience.

Metlen is recognized by leading international sustainability and ESG ratings agencies, securing a unique position among Greek companies in the Dow Jones Sustainability Index as a best-in-class emerging market player. It has garnered accolades from MSCI, Sustainalytics, ISS ESG, SP Global, LSEG, CDP, FTSE Russell, ESG Book, EcoVadis, Bloomberg, and IdealRatings.

With over 9,000 employees and operations across five continents and more than 40 countries, Metlen Energy & Metals emphasizes sustainable growth and circular economy practices. The company is a leader in metallurgy and energy, operating the only fully integrated production facility for bauxite, alumina, and primary aluminum in the European Union, complete with its own port facilities. In the energy sector, Metlen provides integrated solutions for thermal and renewable power generation, power distribution and supply, and investments in grid infrastructure and battery storage solutions.

For more detailed insights, read the full trading report for the first nine months of 2025 HERE.