Metlen posted record revenue of €6.2 billion in the nine months to September 2026, marking a 21% increase compared with the same period last year.
More specifically, the company announced the following:
– Revenue amounted to €6.2 billion, the highest ever recorded for a nine-month period in the company’s history, representing a 21% increase compared with €5.1 billion in 9M 2025, with growth across most of its business units and segments.
– An extended outage of the company’s largest thermal power generator (H-Class) kept the plant out of operation for 44 days. Repairs were successfully completed and the unit returned to full operation on 12 October 2026.
– Against a backdrop of heightened market volatility and temporary disruption to CCGT operations, the strength and resilience of the company’s diversified business model underpin its confidence in reaffirming its FY 2026 EBITDA guidance of €1.00-1.15 billion, as well as its medium-term EBITDA target of €1.92-2.08 billion.
– Progress was made in the strategic development of METKA Group as a standalone infrastructure platform, including the examination of a potential listing on Euronext Athens to support its growth and financial autonomy.
– The de-risking of the former MPP business continued, with First Fire achieved at the PROTOS ERF facility in Cheshire and the 560 MW Grudziądz CCGT plant in Poland, alongside further progress across the remaining legacy portfolio.
– The company continued to implement…
