28 March 2018 in members news

MYTILINEOS S.A. reports 2017 full-year financial results

  • Net profit after tax and minority rights of €154.6 million, up 352% from €34.2 million in 2016.
  • Earnings per share (EPS) of €1.08 against €0.29 for 2016.
  • Proposed dividend for financial year 2017 stands at €0.32 (gross dividend per share).
  • Earnings before interest, tax, depreciation and amortisation (EBITDA) of €306.0 million, up 37.6%.
  • Turnover of €1,526.7 million, up 22.5%.
  • Net Debt dropped at €568.1 million, improving Net Debt to EBITDA ratio to 1.86.

See full press release here.

Metlen
Metlen Energy & Metals (previously known as MYTILINEOS Energy & Metals) is a global industrial and energy company with a leading position in the metallurgy and energy sectors, focused on sustainable development and the circular economy. The company has established itself as a benchmark for competitive "green" metallurgy at both the European and global levels, while offering comprehensive energy solutions by implementing thermal and renewable energy projects, electricity distribution and trading, alongside investments in network infrastructure, battery storage, and other "green" technologies. It operates in markets across all five continents, in 40 countries, applying a fully collaborative model between its sectors.
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