News

14
December
2016
MYTILINEOS GROUP: TAKING THE NEXT STEP IN ENHANCING LONG-TERM SUSTAINABLE VALUE
The Boards of Directors of the companies "MYTILINEOS HOLDINGS S.A.” ("MYTILINEOS"), “METKA INDUSTRIAL – CONSTRUCTION SOCIETE ANONYME” (“METKA”), “ALUMINIUM OF GREECE INDUSTRIAL AND COMMERCIAL SOCIETE ANONYME” (“AoG”), “PROTERGIA POWER GENERATION AND SUPPLIES SOCIETE ANONYME” (“Protergia”) and “PROTERGIA AGIOS NIKOLAOS POWER SOCIETE ANONYME OF GENERATION AND SUPPLY OF ELECTRICITY” (“Protergia Thermo”) have decided to commence the process of the merger into a single entity by absorption of METKA, AoG, Protergia and Protergia Thermo by MYTILINEOS. Download File
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25
November
2015
Financial Results for the Nine Month Period of 2015
STRONG RESISTANCE IN THE FACE OF A NEGATIVE DOMESTIC AND INTERNATIONAL ENVIRONMENT   In the nine month period of 2015, MYTILINEOS Group continues to post satisfactory results, despite pressures from the weak financial domestic environment, the negative developments in the global commodities market and the delays in investments for new energy projects as a result of geopolitical developments in various markets. Acknowledging these challenges, the Group has taken timely steps to adapt its strategy accordingly focusing on strict cost controls, on ensuring increased liquidity, on strengthening the competitiveness of its Metallurgy and Energy Sectors, as well as on METKA’s further penetration in new global markets with high growth rates.  Download file
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5
October
2015
REMIT Notifications
The Regulation (EU) No 1227/2011 on wholesale energy market integrity and transparency (REMIT), sets specific rules on the prohibition of insider trading and market manipulation, on the obligation to publish inside information, and on monitoring of wholesale markets for electricity and natural gas.     Protergia will publish on these pages information in respect of its production plants that it considers to constitute inside information.
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5
August
2015
Financial Results for the 1st Semester of 2015
FURTHER INCREASE IN PROFITABILITY - INTENSIFYING ACTIVITY ABROAD In particular, the Group’s turnover in the 1st semester of 2015 stood at €636.5 million, down 2.5% from €653.0 million for the same period in 2014. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at €118.7 million, down 1.3% from €120.3 million for the 1st semester of 2014, with net profit after tax and minority rights standing at €32.8 million, up 35.9% from €24.1 million for the previous year.   Download file
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27
May
2015
Financial Results for the 1st Quarter of 2015
Increased operating and net profits driven by the Group's export oriented strategy during the last years In particular, in the first quarter of 2015 the Group’s turnover stood at €320.6 million, down 6.6% from €343.3 million for the same period in 2014. Earnings before profit, interest, depreciation and amortisation (EBITDA) grew by 10.4% to €74.7 million, from €67.7 million for the first quarter of 2014, with net profit after tax and minority rights standing at €22.8 million, up 49.7% from €15.2 for the previous year. Download file
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18
March
2015
2014 Full-Year Financial Results
Singificant Increase of Net Profits and Operational Profitability In particular, MYTILINEOS Group in 2014 posted a consolidated turnover of €1,233 million against €1,403 million in 2013, a decline attributed exclusively to the regulatory changes in the operation of the energy market. Earnings before interest, tax, depreciation and amortisation (EBITDA) grew to €253.9 million from €225.3 million in 2013, driven mainly by the improved performance of the Metallurgy Sector and the sustained strong performance of the EPC Sector. Net profit after tax and minority rights stood at €64.9 million, against €15.9 million for the previous year. Download file
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