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Metlen Energy & Metals Nine-Month Trading Update for 2025

Athens, Greece and London, November 6, 2025 – Metlen Energy & Metals (LSE: MTLN) released its trading update today for the period ending September 30, 2025, revealing significant progress across multiple facets of the business. The company reported a turnover of €5,115 million, an increase of 22% compared to €4,203 million in the same period last year, signaling a robust recovery and growth trajectory in the energy and metals sectors.

The firm is well on its way to achieving its full-year EBITDA target, thus sustaining investor confidence and market expectations. In September, Metlen achieved a notable milestone by becoming a constituent of the FTSE 100 Index, a testament to its ongoing expansion as well as its growing reputation in international capital markets.

Furthermore, Fitch Ratings recently affirmed Metlen's 'BB+' credit rating with a Stable Outlook, underscoring the company's solid financial foundation. This positive outlook sets the stage for future growth and strategic investments, particularly in the ever-evolving landscape of energy and metals.

Major Projects and Partnerships

Metlen has confirmed the Final Investment Decision for Greece's largest standalone energy storage system, a 330MW / 790MWh Battery Energy Storage System (BESS) located in Thessaly. This project is expected to be completed in the second quarter of 2026, playing a vital role in enhancing the stability and flexibility of the power system as part of a broader energy transition initiative.

Additionally, the company has forged long-term Power Purchase Agreements (PPAs) and strategic partnerships with significant global players, including Copec EMOAC in Chile, ENGIE in the UK, and HRE (Brookfield Renewable Partners) in South Korea. These alliances are designed to strengthen Metlen's market presence and broaden its operational capabilities.

Leadership Insight

Evangelos Mytilineos, Chairman and CEO of Metlen, articulated his confidence in the company's path forward: "In the first nine months of 2025, we successfully made notable investments while consistently delivering strong performance across all core business units. Despite geopolitical uncertainties and elevated volatility in global energy and metals markets, we remain dedicated to our growth trajectory."

Stressing the strategic nature of their investments, Mytilineos noted that these efforts stem from commitments made during the Capital Markets Day in London in April 2025. The company is focusing on critical areas for future expansion and industrial advancement, which include projects like the Bauxite-Alumina-Gallium project, the Circular Metals Pilot plant now in the commissioning phase, and the third plant of the M Technologies hub in Volos, slated for commissioning in Q2 2026. These initiatives are integral for fostering synergies across different sectors within the METLEN framework, which aims to bolster the achievement of ambitious strategic and financial goals.

Financial Resilience and Outlook

The financial data from the update illustrates Metlen Energy & Metals' strong performance over the past nine months. The operational data reflects an unwavering commitment to excellence and sustainable growth. For the full year 2024, the firm reported consolidated revenues of €5.68 billion and an EBITDA of €1.08 billion, marking a 7% year-on-year increase with a net profit of €615 million.

The company's net debt stood at €1.78 billion, indicating a ratio of Net Debt/EBITDA of 1.7x, demonstrating robust financial resilience. Distinctions from various international sustainability and ESG agencies highlight Metlen's commitment to sustainable practices and its reputation as a leader in green metallurgy.

In conclusion, Metlen Energy & Metals is poised for sustained growth as it navigates the complexities of the global energy landscape while adhering to its strategic vision for a sustainable and economically viable future. For detailed financial and operational outcomes from the nine-month report, visit the official Metlen website.

For more information on Metlen Energy & Metals and its latest updates, visit www.metlengroup.com.