**Summary**
Metlen Energy & Metals PLC reported a 25% increase in revenue to €7.107 billion for the year ended December 31, 2025, driven by strong performance in the M Renewables sector and significant growth in the Infrastructure and Concessions sector. However, EBITDA declined by 30% to €753 million due to losses in the M Power Projects (MPP) sub-sector, now part of Renewables, Storage & Energy Transition (MRES ET). Net profit after minorities decreased by 49% to €314 million, with earnings per share (EPS) at €2.20, down from €4.46 in 2024. The company proposed a dividend of €1.00 per share.
Key highlights include Metlens admission to the London Stock Exchange in August 2025, its inclusion in the FTSE 100 and MSCI UK Indexes, and a new corporate transformation. Despite geopolitical uncertainties and challenges in the MPP sub-sector, Metlen demonstrated resilience across its core sectors. Strategic investments in critical metals, circular metallurgy, and defense are expected to strengthen synergies and support medium-term objectives.
The companys diversified portfolio, risk management framework, and hedging strategies aim to mitigate risks while capitalizing on market opportunities. Adjusting for significant project losses and partial claim monetizations, EBITDA would have exceeded €1 billion. Metlens energy sector, particularly renewables and fully integrated utility operations, showed robust growth, while the metals sector faced higher electricity costs, offset by a transition to greener energy sources. The infrastructure and concessions sector doubled its EBITDA to €100 million, with a strong project backlog.
Looking ahead, Metlen is well-positioned to benefit from energy transition, electrification, and infrastructure development, supported by its integrated business model and strategic initiatives.