Metlen Energy & Metals Reports Strong Performance in First Nine Months of 2025

Metlen Energy & Metals Reports Strong Performance in the First Nine Months of 2025

Metlen Energy & Metals, a notable player in the energy and metal sectors, recently announced its financial updates for the first nine months of 2025. The company's revenue reached an impressive €5,115 million, marking a significant increase of 22% compared to €4,203 million during the same period in 2024. This growth is a clear indication of the firm’s ongoing expansion and enhanced market position.

As part of its successful trajectory, Metlen has also joined the prestigious FTSE 100 index this September, further solidifying its reputation among investors and enhancing its visibility in the global financial markets. The company recently received a stable credit rating of 'BB+' from Fitch, showcasing its solid financial health and promising outlook for the future.

Metlen has confirmed plans to construct the largest autonomous energy storage unit in Greece, featuring a 330 MW/790 MWh battery storage system. This project, located in Thessaly, is set to support the stability and flexibility of the electricity system in Greece and is expected to be completed in the second quarter of 2026. This initiative is part of a broader strategy to create a more sustainable energy landscape in the region.

Additionally, Metlen has secured long-term power purchase agreements and strategic partnerships with prominent companies such as Copec EMOAC in Chile, ENGIE in the UK, and HRE (Brookfield Renewable Partners) in South Korea. These partnerships are integral to their goal of advancing renewable energy solutions and via such collaborations, Metlen aims to enhance its role in transitioning to a circular economy focused on sustainable practices.

Evangelos Mytilineos, the CEO of Metlen, emphasized the company's robust performance despite the challenges posed by geopolitical uncertainties and growing market volatility. He stated, “The company has undertaken a transformative shift in investments this year while achieving substantial results across all of its operational units. Our strategic investments, highlighted during our investor day in London earlier this year, underscore our commitment to the key areas of future growth and industrial transformation.”

In addition to the energy storage project, Metlen is advancing in other critical projects, including a pilot plant for circular metals, aimed at enhancing sustainability in metallurgy. The third facility in their military technologies sector, located in Volos, will commence operations in the second quarter of 2026. These projects are designed to strengthen synergies across Metlen's business sectors.

Metlen Energy & Metals continues to be a leader in the metallurgy and energy sectors, committed to sustainable growth and circular economy principles. With a presence in over 40 countries and a workforce exceeding 9,000 employees globally, the company is not only a key player in Europe but also on the world stage.

In 2024, the company reported consolidated revenues of €5.68 billion and an EBITDA of €1.08 billion, reflecting a 7% year-over-year increase. With a net debt of €1.78 billion and a robust net debt/EBITDA ratio of 1.7x, Metlen demonstrates strong financial resilience, inviting further interest from investors and stakeholders alike. As a distinguished member of the Dow Jones Sustainability Index for Best-in-Class Emerging Markets, Metlen is committed to meeting high standards in sustainability and governance.

For further information about Metlen Energy & Metals and its ongoing projects, visit www.metlengroup.com.