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METLEN Energy & Metals: A Strong Start to 2026

METLEN Energy & Metals PLC has kicked off the year 2026 with impressive operational momentum, underscoring its commitment to strategic transformation across its energy, metals, and infrastructure sectors. As announced in their Trading Update on May 7, 2026, the company has recorded a remarkable 37% year-on-year revenue growth, bringing the total to €2.05 billion.

Key Highlights

• - Restructuring for Strength: The energy division now operates under two streamlined business lines, enhancing operational efficiency and strategic focus. Additionally, former MPP activities have been restructured into the M RESET platform.
• - Metals Sector Reorganization: METLEN's metals distinct categories have been reorganized into three focused verticals aimed at fostering growth and innovation.
• - Impressive Energy Storage Pipeline: The company has secured a significant pipeline of approximately 2GW in energy storage, facilitated through strategic partnerships.
• - Asset Rotation Model: A notable asset rotation strategy led to the divestment of a 283MW solar portfolio in the UK, showcasing METLEN's agile approach in optimizing its assets.
• - Expansion into Greece: Participation in the VOAK concession project exemplifies METLEN’s commitment to expanding its footprint in promising energy markets.
• - New London Offices: A new office in London signals METLEN’s expansion plans and operational strategies aimed at optimizing service and connectivity.

CEO Statement

Evangelos Mytilineos, Executive Chairman, expressed optimism about the company's operational strength, stating, "METLEN has started 2026 with strong operational momentum across all its business sectors. Our continued investments in energy transition, critical raw materials and defence, combined with disciplined execution, position the Company to navigate a complex geopolitical environment while delivering sustainable growth." This sentiment reflects METLEN's strategic alignment with market trends and its resilience amidst global challenges.

Outlook for 2026

The first quarter demonstrates METLEN's firm positioning within a diverse business model, with all sectors contributing to growth. Despite operating in an environment influenced by geopolitical tensions and conflicts impacting energy markets and supply chains, METLEN recognizes the opportunities these circumstances present.

Looking forward, management maintains a cautiously optimistic mood supported by a robust project pipeline, as well as rising demand and prices in core sectors. The company's focus remains on disciplined investment execution, positioning it well for a resilient growth trajectory.

Annual General Meeting

The Annual General Meeting is scheduled for May 21, 2026, where management will provide further insights and updates, following METLEN’s tradition of transparency and engagement with stakeholders.

About METLEN Energy & Metals

METLEN Energy & Metals Plc stands as a leader in the international industrial and energy landscape, renowned for its commitment to sustainable growth and the circular economy. With pioneering initiatives in green metallurgy, the company is the sole operator of a fully integrated facility for bauxite, alumina, and primary aluminium production within the EU. Furthermore, they offer comprehensive energy solutions, implementing thermal and renewable projects, alongside investment in critical infrastructure.

With operations across five continents and more than 40 countries, METLEN is dedicated to promoting sustainable and synergistic models across its diverse sectors. Each step forward not only enhances its market position but also contributes to global sustainability goals. In 2025, METLEN recorded revenues of €7.11 billion and a net profit of €314 million, establishing its financial resilience and commitment to shareholders.