METLEN ENERGY & METALS S.A.: Trading Update Q1 2025

Estimated Sales Revenues Q1 2025

Corporate Developments 

Entering 2025 with strong momentum, METLEN is strategically positioning itself for further growth, as its performance and strategic direction continue to attract strong investor interest. Key corporate developments for Q1 are described below:

Evangelos Mytilineos - Chairman & CEO

"We remain committed on 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 in key markets. The year ahead marks a significant milestone for METLEN in London, reinforcing our position as a global leader and opening new roads for growth, innovation, and collaboration."

Business operational updates and key highlights

Energy Sector

METLEN continues to strengthen its position in the global energy market, expanding its presence in key regions and advancing strategic projects. Demand for projects in Solar & BESS is expected to further enhance in quarters and years to come, while positive trends are also emerging in the Company's ongoing Asset Rotation Plan. Meanwhile, renewable energy production continues to increase. Furthermore, for the first time, Greece is becoming a net energy exporter on an annual basis, enhancing regional price coupling.

Energy Operational KPIs

•  Battery storage projects with a combined capacity of 1.2 GWh

Through strategic investments in battery storage, retail market growth, and large-scale infrastructure developments, METLEN remains committed to enhancing energy security and sustainability. Key milestones include:

Metals Sector

In Q1 2025, METLEN's Metals Sector emerged as a key growth driver, marked by major investments and strategic agreements.

Metals Operating KPIs

METLEN continues to strengthen its strategic presence, leveraging its long-standing expertise and investing in cutting-edge defence solutions. Through the expansion of its industrial facilities in Volos and new collaborations with leading companies in the field, METLEN is solidifying its role as a key pillar of the European defence industry. With these initiatives, METLEN reaffirms its commitment to developing advanced defence infrastructure and technologies, strengthening both national and European defence industries, within the framework of ReARM Europe. Below are some key developments:

Infrastructure & Concessions

The Infrastructure & Concessions sectors continue to perform in line with management's projections for profitability and growth, achieving a turnover increase of over 100% in Q1 2025 versus the comparable period in 2024 with all projects progressing smoothly and on schedule. METKA ATE has rapidly gained market recognition, securing a strong portfolio of projects (total backlog & contracts pending signature amounts to €1.5 bn) and capitalizing on emerging opportunities in the field. By leveraging its expertise and strategic positioning, METKA ATE is reinforcing its presence in the infrastructure landscape and driving long-term value creation.

Outlook

METLEN remains focused on executing its strategic initiatives across the Energy and Metals Sectors. The Company's ongoing investments and partnerships are expected to drive continued growth and enhance its competitive position in the global market.

An extensive presentation of the Company's prospects and the large-scale investment program will be presented at the Capital Markets Day (CMD) at the London Stock Exchange on 28th April 2025, as previously announced.

METLEN:

METLEN Energy & Metals is a multinational industrial and energy company, a leader in the metallurgy and energy industries, focused on sustainability and circular economy. The Company is listed on the Athens Stock Exchange, with a consolidated turnover and EBITDA of €5.68 billion and €1.08 billion, respectively. METLEN is a reference point for competitive green metallurgy at the European and global level, whilst operating the only vertically integrated bauxite, alumina and primary aluminum production unit in the European Union (E.U.) with privately owned port facilities. In the energy sector, METLEN offers comprehensive solutions, covering thermal and renewable energy projects, electricity distribution and trading, alongside investments in grid infrastructure, battery storage, and other green technologies. The Company is active in the markets of all five continents, in 40 countries, adopting a full-scale synergetic model between the Metallurgy and Energy Sectors, while undertaking end-to-end development of major energy infrastructure projects.

www.metlengroup.com | Facebook | Χ | YouTube | LinkedIn | TikTok

Forward Looking Statements:

Certain statements in this announcement are forward-looking. By their nature, forward looking statements involve risks, uncertainties, assumptions and other factors that are outside the control of METLEN and could cause actual results or events to differ materially from those expressed or implied by the forward-looking statement.

If you no longer wish to receive Press Releases and Updates from METLEN, click here.

View original content:https://www.prnewswire.co.uk/news-releases/metlen-energy--metals-sa-trading-update-q1-2025-302437093.html