Mytilineos Holdings ( (GB:0KAZ) ) has shared an update.
Metlen Energy & Metals SA reported a strong financial performance for 2024, with a turnover of €5,683 million and a 7% increase in EBITDA to a record-high €1,080 million. Despite a slight decrease in net profit, the company maintained strong profitability due to strategic actions in both energy and metals sectors. An 11-year agreement with Rio Tinto aims to enhance bauxite supply security and profitability. The company continues to expand its renewable energy portfolio, achieving a 40% increase in global power production from renewable sources and strengthening its position in the renewable energy sector.
More about Mytilineos Holdings
Metlen Energy & Metals SA operates in the energy and metals sectors, focusing on renewable energy sources, Greek utility activities, and metals production. The company has a significant international presence across various energy sectors and emphasizes sustainable development through strategic agreements and projects.
YTD Price Performance: 1.41%
Average Trading Volume: 1,884
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €5.03B
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