Greece's Metlen half-year core profit dips 6%, hit by one-off projects charge

Metlen Energy & Metals SA

09/09/2025 07:03

Sept 9 (Reuters) - Greek energy and metals group Metlen MYTr.AT on Tuesday reported a 6% year-on-year fall in first-half core profit as record results in its renewables and utility businesses were offset by a one-off hit at its M Power Projects unit.

The group posted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 445 million euros  ($523.99 million) in the January to June period, compared to 474 million a year ago.

Excluding the one-off charge, normalised EBITDA would have been about 577 million euros, it said.

($1 = 0.8493 euros)

 (Reporting by Antonis Pothitos; Editing by Kirsten Donovan)

 ((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))