Visit our new Alternative Investment section.Click here

Less Ads, More Data, More Tools Register for FREE

Metlen expecting record turnover after strong start to year

Thu, 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.

See latest RNS on Investegate

Metlen Energy

Shares in this article

Related News

Investec reports higher annual earnings, larger dividend
1 hour ago

Investec reports higher annual earnings, larger dividend

(Sharecast News) - Investec reported higher annual earnings and a larger dividend on Thursday, as growth in lending, deposits and funds under manageme...

Sabre Insurance backs FY outlook as it returns to growth in premiums
2 hours ago

Sabre Insurance backs FY outlook as it returns to growth in premiums

(Sharecast News) - Sabre Insurance reiterated its full-year guidance on Thursday as it reported a return to growth in gross written premiums in the fi...

Henry Boot reaffirms outlook on 'resilient' trading
2 hours ago

Henry Boot reaffirms outlook on 'resilient' trading

(Sharecast News) - Henry Boot reiterated its full-year outlook on Thursday, despite a spike in political uncertainty, helping lift shares in the prope...