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METLEN Energy & Metals S.A. Reports Impressive Q1 2025 Trading Update

On April 24, 2025, METLEN ENERGY & METALS S.A. (also referred to as "METLEN") shared its trading update for the first quarter of 2025. The company, recognized for its commitment to sustainability and efficiency, has reported remarkable growth across its financial metrics in line with best practices from the UK. The new approach focuses on transparency, ensuring shareholders can easily understand the developments within the company.

Financial Performance Highlights

Sales Revenues

The figures are compelling: METLEN's total sales revenues for Q1 2025 reached €1.5 billion, marking a 31% increase from €1.143 billion in the same period last year. The breakdown is as follows:

• - Metals: €228 million (up 11% from €205 million)
• - Energy: €1,180 million (up 31% from €904 million)
• - Infrastructure Concessions: €92 million (up 171% from €34 million)

This steady growth underscores METLEN's robust strategy and its ability to capitalize on both operational efficiency and strategic investments in the sectors of energy and metals.

Corporate Developments

Entering this year, METLEN has positioned itself strongly in the market, with several notable developments:

• - Fairfax Financial Stake Increase: Fairfax agreed to a €110 million exchangeable bond that enables it to acquire 2.75 million treasury shares at a predetermined price, thereby boosting its shareholding from 6.43% to 8.35%.
• - Sustainability Recognition: For the third consecutive year, METLEN has been honored in the Dow Jones Best-in-Class Emerging Markets Sustainability Index, highlighting its ongoing commitment to social responsibility and governance practices.

Evangelos Mytilineos, Chairman and CEO, expressed, "We remain committed to delivering growth and long-term value to our shareholders. With a clear focus on operational efficiency and strategic expansion, we continue to build on our strengths to unlock new opportunities."

Sector-Specific Updates

Energy Sector Insights

METLEN has solidified its position in the global energy market, particularly in renewable energy initiatives. The company has responded effectively to the increasing demand for solar battery energy storage systems (BESS) which are expected to grow substantially in the coming quarters. Noteworthy operational performance includes:

• - Increased thermal plant production of 2.5 TWhrs (up 25%)
• - A significant rise in renewable output, which surged by 78%, reaching 0.6 TWhrs.

Key projects like the Eastern Green Link 1 (EGL1) mean METLEN is committed to enhancing the UK's renewable energy infrastructure, promising a supply of clean energy to over two million households.

Metals Sector Performance

Similarly, the metals sector is thriving, driven by strategic investments and long-term supply agreements. While total aluminium production faced a slight dip, the company announced a landmark investment of €295.5 million aimed at establishing a fully integrated production line for bauxite and aluminium in Greece. This move aims to bolster Europe's self-sufficiency in critical raw materials.

METLEN has also secured long-term agreements with Rio Tinto, which are expected to enhance its supply chain stability for the next decade. With further strategic investments and partnerships, METLEN is setting a benchmark for competitive practices in the global metals market.

Infrastructure Concessions Growth

The infrastructure concessions segment has blossomed, with over 100% growth in turnover compared to last year. METKA ATE, the company’s infrastructure branch, has managed to secure numerous prestigious projects, including significant restoration works on critical railway lines in Greece and enhancements to iconic stadiums.

Future Outlook

As it looks ahead, METLEN plans to showcase its extensive prospects and large-scale investment plans at the upcoming Capital Markets Day at the London Stock Exchange on April 28, 2025. With its continued focus on growth and sustainability, METLEN is aiming to reinforce its status as a leading international player in metallurgy and energy sectors.

The company’s initiatives reflect its commitment not only to profitability but also to responsible and sustainable practices that benefit the environment and communities around the globe. METLEN Energy & Metals continues to lead by example in the drive toward a more sustainable future.