Greece's Mytilineos posts record Q1 net profit of 158 mln euros

Metlen Energy & Metals SA

25/04/2024 06:31

April 25 (Reuters) - Greek industrial and energy group
Mytilineos  MYTr.AT  reported first-quarter profit after
minorities of 158 million euros ($169.17 million) on Thursday,
driven by the synergy between its energy and metallurgy
verticals.
    The Athens-based group said the 10% growth is a record
first-quarter performance, in terms of profitability.
    The company's earnings per share came in at 1.141 euros, an
increase of 10% year-on-year.
    Mytilineos reported earnings before interest, taxes,
depreciation and amortisation (EBITDA) of 252 million euros,
compared with 225 million euros a year earlier.

($1 = 0.9340 euros)

 (Reporting by Antonis Triantafyllou in Gdansk; Editing by
Sohini Goswami)
 ((Antonis.Triantafyllou@thomsonreuters.com;))