METLEN hosted its 2025 Capital Markets Day on Monday at the London Stock Exchange, where the company’s executive leadership presented its roadmap to achieve its target of 2 billion euros in EBITDA in the mid-term  and unlock new pillars of growth across its integrated platform. METLEN also reaffirmed its intention to pursue a primary listing on the London Stock Exchange.

The Capital Markets Day featured a comprehensive update on METLEN’s business activities by sector, including a presentation by CEO of METLEN Evangelos Mytilineos, on the company’s transition into a new strategic cycle as it incorporates critical metals (Gallium), circular metals and defence into its portfolio alongside energy, metals, and infrastructure & concessions.

METLEN’s Chairman and CEO Evangelos Mytilineos, highlighting the company’s next phase of transformation, said: “ Today, METLEN is entering a new era. With focused investments in critical raw materials, circular metals and defence - alongside our strong foundation in renewables, bauxite, alumina & aluminium, and infrastructure & concessions, we are uniquely positioned to meet Europe’s evolving industrial needs and, in so doing, deliver 2 billion euros in EBITDA1 in the medium term.”

According to METLEN’s announcement its strong financial performance is underpinned by significant growth across all its sectors resulting in the company tripling its EBITDA, more than doubling its revenue, and expanding its geographical footprint since 2020.

Through its roadmap targeted to double EBITDA in the mid-term, METLEN is driving sustainable growth through a high-quality, integrated business model that is built to lead in the era of energy transition.

METLEN’s disciplined financial approach has enabled it to maintain leverage consistently below 2x, even during significant CAPEX cycles.

The Company has successfully expanded its access to international funding, now operating with robust liquidity in excess of 3 billion euros (Dec 2024), providing the flexibility needed to execute its business plan with confidence.

Alongside this, the company’s share price has risen over significantly since 2020, reflecting its solid operational performance and growing international visibility.
The upcoming dual listing on the London and Athens Stock Exchanges, through a share exchange offer, will further align METLEN’s capital market profile with its international business footprint, enhancing shareholder value and access to global investors.

METLEN’s renewables platform has now surpassed 2 GW of mature pipeline projects, supported by over 1.5 billion euros in EPC backlog, enabling continuous reinvestment through its Asset Rotation Plan. Its ambition to capture a 30% retail market share in Greece by 2028, paired with growing operations in grids, data centers, and digital demand management, remains on track and positions METLEN at the forefront of Europe’s energy transition.

The company has already established energy trading and supply hubs in Italy and Switzerland, further leveraging Europe’s interconnected energy markets and enhancing its import capabilities in natural gas.

METLEN, according to the same announcement is scaling its efforts in circular metallurgy, using proprietary, pilot-proven technologies to extract critical metals from industrial residues. With recovery rates of up to 99% and applications across multiple feedstock types, this platform is expected to deliver ~290 ktpa in output in the medium term, the majority of which will be high-value strategic materials - reinforcing both profitability and environmental impact.
The company’s recent entry into the gallium market - a strategic material for semiconductors and defence - with plans to produce 50 tonnes annually, will not only establish Greece within Europe’s gallium value chain, but also add a high-value lever to METLEN’s diversified portfolio.

METLEN is reinforcing its strategic footprint by investing in cutting-edge defence solutions. The expansion of its industrial base in Volos, along with new partnerships with top-tier defence companies (Iveco Defence Vehicles (LINK), KNDS France (Link), positions METLEN as a vital player in Europe’s defence landscape.

METLEN, through METKA ATE and M Concessions, is uniquely positioned to capitalize on Greece’s ~18 billion euros annual infrastructure wave. The group’s dual structure - combining engineering execution with long-term concession development - creates a self-sustaining model that links project construction with recurring revenue.

Flagship projects like the Thessaloniki Flyover, the bioclimatic school units, and the Thessaly irrigation scheme exemplify this integrated approach. METLEN aims to lead in the infrastructure sector by consistently delivering projects safely, on time, and with engineering excellence and cost efficiency.