METLEN Energy & Metals Reports Record Nine-Month Revenue of €6.2 Billion
METLEN Energy & Metals PLC has announced its commercial update for the first nine months of 2026, reporting record revenues of €6.2 billion. This represents a 21% increase compared to the €5.1 billion recorded during the same period in 2025, driven by growth across most operational units and business segments. Despite facing operational challenges, including a 44-day outage of a major thermal generator that was successfully repaired in October, the company reaffirmed its full-year 2026 EBITDA guidance of €1.00 to €1.15 billion. METLEN is also pursuing medium-term EBITDA targets of €1.92 to €2.08 billion while advancing strategic initiatives such as the potential listing of METKA on Euronext Athens and asset rotation through solar project sales in Chile. The company continues to diversify its energy portfolio, securing a long-term LNG supply agreement with PETRONAS and expanding its Battery Energy Storage Systems (BESS) presence in Greece and Italy. Additionally, METLEN reported strengthened commercial momentum in the gallium market via new agreements with Japanese partners.
Topics: EBITDA Guidance Operational Performance Revenue Growth Strategic Restructuring
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