LOGO
LOGO

Quick Facts

Metlen Energy & Metals H1 Net Profit Slips Despite Rise In Turnover

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Metlen Energy & Metals S.A. (MYH.F), a Greek industrial and energy company, on Tuesday reported a decline in net profit for the first half. However, the company recorded an increase in turnover.

For the six-month period, Metlen registered a net income of EUR 254 million, or EUR 1.81 per share, less than EUR 282 million, or EUR 2.04 per share, in the same period last year.

EBITDA was EUR 445 million, compared with EUR 474 million in the previous year. This decline was due to a one-off impact of the non-core M Power Projects segment.

Turnover was EUR 3.608 billion, up from EUR 2.482 billion a year ago, reflecting a strong growth momentum across Energy and Metals.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

RELATED NEWS
Latest Updates on COVID-19