Two business moves, one of which will completely change the image of the company, were announced by METLEN's president and CEO, Evangelos Mytilineos, while presenting the 2024 results to financial analysts on Friday.

More announcements will be made on April 28 in London, as part of the company's Investor Day to be held at the premises of the London Stock Exchange (LSE). It is recalled that METLEN's shares are to be listed on the LSE, while trading - as announced yesterday - is expected to begin at the beginning of the third quarter of the year.

Mytilineos also stated that - according to the business plan to be announced in April in London - operating profits in 2028 will exceed 2 billion euros (from 1 billion euros in 2024, which was the historical high so far) without, however, taking into account the contribution of new business moves. Furthermore, he announced a significant agreement in the field of renewable energy construction, a sector of the company that is experiencing significant growth due to the international shortage of the required specialized personnel for the implementation of such projects.

Referring to the domestic market, Mytilineos said that the target of a 30% market share in the electricity retail sector (corresponding to the company's production capacity) will most likely be achieved with an aggressive commercial policy and not with new acquisitions of supply companies, which is considered a more expensive solution. The share after the acquisition of Volterra is approaching 20%.