Metlen Energy & Metals on Thursday announced operating profits of a historic high and an increase in turnover despite the significant decrease in electricity and natural gas prices for 2024.
Commenting on the financial results, the company’s president and CEO, Evangelos Mytilineos, said: “We are particularly proud of our strong financial performance in 2024, as it confirms the consolidation of Metlen at historically high levels.
This confirms that the remarkable increase in our performance in recent years was not a temporary phenomenon, but only the prelude to the very important developments that lie ahead.
Our new flagship industrial investment in bauxite, alumina and gallium production is just the beginning of our third major transformation.
Based on the experience of our two previous transformations since 2017, our strong financial base and our realistic yet ambitious plans, we aim to double the size of the company before 2028, placing Metlen in the elite of large European industrial groups.
With a firm commitment to financial discipline and with our timeless vision and foresight, we remain committed to continuously creating value – for our people around the world, our partners across the supply chain, our shareholders and, ultimately, for society as a whole.”