News

7
August
2013
Financial Results for the First Semester of 2013
Continued resilience in particularly adverse domestic and global economic conditions For the 1st Semester of 2013, MYTILINEOS Group posted a consolidated turnover of €731 million, up 2.3% from €714 million in 2012. Earnings before interest, tax, depreciation and amortisation (EBITDA) for 1H2013 rose to€102.2 million, up 28% from €80.0 million in 2012. This performance, however, although ranking with the Group’s record-highs, is only partly reflected in the improvement of net profits, as the latter are burdened by increased depreciation (all Group plants and facilities are now in full operation) and higher financial costs. Nevertheless, net profits after tax and minority rights stood at €12.5 million, up 47% from €8.5 million for the same period in 2012. Download file
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15
May
2013
Financial Results for the 1st Quarter of 2013
INCREASED EBITDA STABILISED TURNOVER AND NET PROFIT For MYTILINEOS Group the first quarter of 2013 saw the sustained strong performance of the EPC Projects Sector, the increased contribution of the Energy Sector and the return to profitability of the Metallurgy Sector.The Group’s diversification strategy and the limitation of its exposure to the domestic environment were the key drivers of the improved profitability posted in early 2013. Download file
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27
March
2013
2012 Full-Year Financial Results MYTILINEOS GROUP
STRONG RESILIENCE IN AN ADVERSE ECONOMIC ENVIRONMENT In 2012, MYTILINEOS Group posted business volumes that were comparable to its record- high ones of 2011. The performance, achieved despite the recession of unprecedented depth and duration that still prevails the domestic market, and the adverse international environment, underlines the Group’s resilience. During 2012, the Group consolidated its position in all three of  its  key  business  activity  sectors:  EPC  Projects,  where  it  successfully  entered  new markets; Metallurgy, where it managed to improve production costs and increase exports; and Energy, where it expanded its share of the domestic market. Download file
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26
September
2012
Protergia obtains OHSAS 18001:2007
Protergia obtains OHSAS 18001:2007 certification of its Health and Safety Management System. Download file
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26
September
2012
Protergia obtains ISO 14001:2004 certification
Protergia obtains ISO 14001:2004 certification of its Environmental Management System. Download file
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2
April
2012
COMMERCIAL OPERATION LAUNCHED FOR THE GROUP’S THIRD LARGE ELECTRICITY PRODUCTION PLANT IN AG. THEODORI KORINTHIA)
MYTILINEOS Group obtained the commercial operation license for its 3rd combined cycle natural gas fired power plant – the 436 MW plant of Korinthos Power, the joint subsidiary of MYTILINEOS Group (with a 65% share) and MOTOR OIL (with a 35% share). The plant is located at the Motor Oil industrial facilities in Ag. Theodori, Korinthia. With more than 1,200 MW from thermal plants in operation, MYTILINEOS Group is established as the largest independent electricity producer in Greece. Download file
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