Metlen has reported record first-half results, presenting its first financial statement since its dual listing on the London Stock Exchange. Chairman and CEO Evangelos Mytilineos called 2025 a “landmark year” for the group, citing strong performance in energy and metals despite volatile conditions.

Revenue reached €3.61 billion in the first six months of 2025, a 45% increase compared with €2.48 billion in the same period last year. The company highlighted strong momentum in its Renewables and Utility businesses, which offset weaker contributions from its non-core M Power Projects unit.

EBITDA came in at €445 million, down from €474 million a year earlier. Adjusted for one-off impacts, normalized EBITDA would have reached approximately €577 million. Net profit after minority interests stood at €254 million, compared with €282 million in the first half of 2024. Earnings per share were €1.81, against €2.04 last year. Adjusted net debt was reported at €2.02 billion, excluding non-recourse borrowing.

Metlen said the results confirm the company’s trajectory since its 2022 corporate transformation, underlining resilience in the face of commercial pressures and geopolitical uncertainty. The group emphasized that its integrated model and cross-sector synergies continue to support sustainable growth.

Looking ahead, Mytilineos pointed to new initiatives, including the launch of a gallium production line designed to meet all European demand, expansion into defense manufacturing, and the development of “Circular Metals,” a process that recovers critical raw materials from industrial waste.

“The listing in London marks a new chapter for Metlen, opening greater access to global markets,” Mytilineos said. “With confidence, vision and a clear strategy, Metlen is writing the next chapter of its story, strengthening its position among the world’s leading energy and metals companies.”