METLEN Reports Strong Financial Results for H1 2026

METLEN Energy & Metals PLC announced a robust financial performance for the first half of 2026. The company's revenue increased by 11% to €3,987 million, up from €3,608 million in the same period of 2025, driven by growth in the Energy & Infrastructure and Concessions sectors. EBITDA reached a record €550 million, while net profit after minorities rose to €313 million, with earnings per share at €2.18.

METLEN reaffirmed its 2026 EBITDA guidance of €1.00-1.15 billion and its medium-term target of €1,920–2,080 million, signaling a return to growth. Operating cash flow reduced adjusted net debt by €728 million, lowering the net leverage ratio to 1.7x from 3.1x at the end of 2025. Strategic initiatives are advancing on schedule, including a significant agreement with a U.S. tech company and progress in legacy contracts.

Evangelos Mytilineos, Executive Chairman, stated that METLEN's strong performance validates its strategic objectives and the resilience of its business model amid geopolitical uncertainty. The company aims to continue delivering long-term value to shareholders.