- METLEN (MYTHY, Financial) announces a strategic roadmap to achieve €2 billion EBITDA in the medium term, prioritizing organic growth.
- The company has tripled its EBITDA since 2020, while also planning a dual listing on the London and Athens Stock Exchanges.
- Expansion into gallium production with a 50-tonne annual target and aims to capture 30% of Greece's retail market share by 2028.
METLEN (MYTHY) hosted its 2025 Capital Markets Day in London, unveiling a comprehensive strategy to hit a targeted €2 billion EBITDA in the medium term strictly through organic growth. This ambitious plan highlights the company's significant achievements since 2020, including tripling its EBITDA and more than doubling its revenue.
The company boasts a robust financial position with liquidity exceeding €3 billion as of December 2024 and maintains leverage consistently below 2x, despite substantial capital expenditure cycles. It plans to list on the London and Athens Stock Exchanges, enhancing access to global investors and aligning its market profile with its international business operations.
As part of its growth strategy, METLEN is making significant strides in its energy sector. The company has surpassed a 2 GW mature pipeline in renewable projects and holds an EPC backlog of over €1.5 billion. Additionally, it is targeting a 30% retail market share in Greece by 2028, leveraging its capabilities in energy grids, data centers, and digital demand management.
In the metals sector, METLEN is set to bolster its European presence through sophisticated circular metallurgy practices and entering the gallium market. The company plans to produce 50 tonnes of gallium annually, a component critical for semiconductors and defense sectors, and aims to scale circular metallurgy to deliver approximately 290 ktpa in strategic materials output.
METLEN's infrastructure and concessions operations, through subsidiaries METKA ATE and M Concessions, position it to capitalize on Greece's substantial annual infrastructure investments. The company's dual-focused structure allows for seamless integration between project construction and sustained revenue streams, demonstrated through major projects like the Thessaloniki Flyover.
The Capital Markets Day signifies METLEN's dedication to operational excellence and strategic growth, reinforcing its status as a pioneering force in the European and global energy and metals markets.
