Metlen Energy & Metals S.A.

MYTIL

Equity

ISIN GRS393503008 / Valor 1120768

Athens Exchange S.A. Cash Market (2024-12-23)

EUR 33.18-0.66%

Metlen Energy & Metals S.A.
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About company

MYTILINEOS S.A. is a global industrial and energy company with two main business sectors: Energy and Metallurgy. The company is a key player in the energy transition as an integrated utility and is recognized for its competitive green metallurgy offerings in Europe and globally. MYTILINEOS emphasizes Corporate Social Responsibility (CSR) as a core value, demonstrating a commitment to sustainable development through responsible entrepreneurship and continuous improvement. The company's Investor Relations Department ensures transparent communication with investors, regulatory authorities, and other stakeholders, reflecting its dedication to maintaining high standards of corporate governance.

Summarized from source with an LLMView SourceSector: Energy

Revenue

Metlen Energy & Metals S.A. reported a turnover of €2,482 million for the first half of 2024, compared to €2,516 million in the same period of 2023. This represents a slight decrease of 1%, despite significant reductions in energy and natural gas prices during the semester.

EBITDA

The company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for H1 2024 reached €474 million, an 8% increase from €437 million in H1 2023. This growth was driven by strong performances in both the Metals and Energy Sectors, particularly from Renewable Energy Sources (RES).

Net Profit

Metlen Energy & Metals S.A. achieved a net profit after minorities of €282 million in the first half of 2024, up 5% from €268 million in the same period of the previous year. This increase reflects the company's ability to maintain profitability despite challenging market conditions.

Earnings Per Share

The Earnings Per Share (EPS) for Metlen Energy & Metals S.A. in H1 2024 was €2.04, compared to €1.94 in H1 2023. This 5% increase in EPS underscores the company's improved financial performance and profitability.

Debt and Credit Rating

As of the first half of 2024, Metlen Energy & Metals S.A.'s adjusted net debt stood at €1,774 million, excluding non-recourse debt. The company's net debt to EBITDA ratio was 1.76x, aligning with or surpassing the performance of investment-grade companies. Recent upgrades by FITCH and S&P have brought Metlen closer to achieving investment-grade status for the first time in its history.

Summarized from source with an LLMView Source

Key figures

-8.75%1Y

119%3Y

238%5Y

Performance

23.3%1Y

28.5%3Y

33.2%5Y

Volatility