#London #United Kingdom #Growth Strategy #METLEN #EBITDA

METLEN Unveils Strategic Roadmap Toward €2 Billion EBITDA

On April 28, 2025, in a significant event held at the London Stock Exchange, METLEN hosted its much-anticipated Capital Markets Day. This gathering, attended by financial analysts, investors, and industry stakeholders, was aimed at articulating its ambitious target of achieving €2 billion in EBITDA in the medium term, underscoring the company's commitment to sustainable growth and innovation.

Key Highlights of the Event

The event featured insights from METLEN's executive leadership, predominantly led by CEO Evangelos Mytilineos, who shared the company's strategies for unlocking new growth opportunities across its integrated business platform. As part of its goal to double EBITDA and expand its market share, METLEN is focusing on critical sectors, including energy, metals, and infrastructure.

Financial Performance and Strategic Growth

METLEN's financial health has flourished since 2020, with EBITDA tripling and revenue more than doubling. This impressive performance reflects the robust and diversified growth across all its key sectors. With a disciplined financial approach, the company has maintained a leverage ratio below 2x, even amid significant capital expenditures, fostering strong liquidity well over €3 billion by December 2024. This financial strength has positioned METLEN favorably to execute its business plans confidently.

The company's share price has notably increased, indicating a strong operational performance and elevating its visibility in international markets. The upcoming dual listing of its shares on both the London and Athens Stock Exchanges will likely enhance shareholder value and broaden METLEN's access to global investors.

Energy Sector Growth

METLEN's Energy division continues to serve as a major growth catalyst. The company's renewables platform boasts a pipeline of over 2 GW of mature projects, supported by a substantial EPC backlog valued at over €1.5 billion. Plans are underway to capture a 30% retail market share in Greece by 2028. Furthermore, METLEN's operations in energy trading have expanded into Italy and Switzerland, bolstering their import capabilities and integrating into Europe's interconnected energy framework.

Innovations in Metals

In the Metals sector, METLEN is establishing itself as a European leader in aluminium and other strategic materials. The company is focused on circular metallurgy, utilizing advanced technologies that significantly increase the recovery rates of critical metals from industrial waste. This innovative approach is projected to yield approximately 290 ktpa of output while contributing positively to both profitability and environmental sustainability. The recent foray into gallium production, a vital material for semiconductors and defense, further strengthens METLEN’s market position.

Infrastructure and Future Outlook

The Infrastructure Concessions sector is emerging as a significant growth stream for METLEN, leveraging Greece's anticipated €18 billion annual infrastructure investment. The company's strategy emphasizes a dual approach that combines engineering execution with long-term development projects. With notable flagship initiatives, including major transportation and irrigation schemes, METLEN aims to uphold its reputation for delivering projects on time and within budget, thereby enhancing its standing in the infrastructure sector.

As METLEN embarks on this transformative journey, the 2025 Capital Markets Day serves as a testament to its long-term growth aspirations, emphasizing operational excellence, strategic investment, and relentless dedication to innovation. This comprehensive roadmap outlines METLEN's plans to not only lead in the energy transition but also to elevate its role as a pivotal industrial player in Europe and beyond.

For further insights, the full presentation from the event can be accessed here, and a video recording of the entire event is available here.