Metlen expecting record turnover after strong start to year

21st May 2026 11:47

(Sharecast News) - Metlen Energy & Metals said on Thursday that it had made a strong start to the year and expected record turnover in 2026, with full-year EBITDA recovering to between €1.0bn and €1.15bn.

In an annual general meeting statement, the company said first-quarter trading reflected solid momentum across its energy, metals and infrastructure activities, alongside continued execution of its strategic investment programme.

Metlen said it expected performance to strengthen further over the course of the year and reiterated its commitment to its medium-term EBITDA target of €2bn.

The company said it remained focused on disciplined execution of its core strategic priorities across energy and metals, while continuing to advance opportunities in infrastructure, defence and circular metals.

At 1127 BST, shares in Metlen Energy & Metals were down 0.21% at 38.16p.

Reporting by Josh White for Sharecast.com.

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