Metlenremains committed to achieving its target of €2 billion in operating profit overthe medium term Metlen, driven by metals, defense, and energy, noted Evangelos Mytilineos while speaking at the company’s Annual General Meeting.
He highlighted recent developments in all of the above sectors, such as the investment in the largest autonomous battery system in Greece and one of the largest in Europe, the fact that the defense hub in Volos is nearing completion, and that in the metals sector, Metlen is strengthening its industrial footprint through gallium production. He also noted that the expansion of the alumina plant is underway, which will increase production from 865,000 tons to 1.25 million tons.
He did not fail to mention what happened last year, speaking of a period that constituted “learning experience in the field of project implementation” and a chapter that has now come to a close.
“The way the challenges were handled falls under my responsibility,” he said, adding that“some issues could have been addressed earlier; this is not about rehashing the past but about laying a solid foundation for the company.”
She described the successful listing on the London Stock Exchange as a defining achievement, a move that strengthened the company’s international profile, broadened its investor base, and secured its inclusion in theFTSE 100.
Earlier, Metlen announced that in 2026, the Company expects to achieve record-high revenue, with EBITDA fully recovering to a range of €1.0 billion to €1.15 billion for the full year.
“METLEN remains committed to implementing its key strategic priorities in the Energy and Metals Sectors, while continuing to capitalize on opportunities in the Infrastructure, Defense, and Circular Metals sectors.”