Metlen Energy & Metals PLC (MTLN) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. I am Gailie, your chorus call operator. Welcome and thank you for joining the METLIN Energy and Metals PLC conference call to present and discuss the METLIN full year 2025 financial results. At this time, I would like to turn the conference over to Mr. Evagelios Mitilineos, Executive Chairman, Mr. Christos Gavalas, Group CEO, Ms. Fotini Ioannou, Group CFO, and other senior executives. Mr. Mitilineos, you may now proceed. Hi, welcome. everyone who joined us today in the 2025 results conference call. All materials have been made available earlier today and can be found on our website. As already said, I'm joined today by Christos Gavalas, CEO, and Ms. Fotini Ioannou, Group CFO. I speak to you in my capacity as an executive chairman for the first time. Please let me say a few words about the key highlights of the 2025 financial results. Revenue increased by 25%, reaching a new record level and exceeding the 7 billion mark for the first time in our history, underscoring our strong growth momentum. On the other hand, EBITDA and earnings per share reflect a more challenging picture as they have been affected by the problems that we have already communicated with regards to our MPP division. Despite good performance of the core business amid a tough environment, EBITDA was down to $753 million. in line with the updated guidance we provided earlier this year. What is crucial is to see here the underlying power of our core business. MPP, although representing a non-core legacy business, has caused disproportionate losses. In light of this, we had to take immediate action and go ahead with unpleasant measures and difficult changes. Myself, alongside with Christos and Fotini and senior management, we are here to tell you about al...