Half Year 2024 Metlen Energy & Metals AE Earnings Call Transcript

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Jul 25, 2024

Jul 25, 2024 / 02:30PM GMT
Operator

Ladies and gentlemen, thank you for standing by. I'm Konstantinos, your Chorus Call operator. Welcome, and thank you for joining the Metlen Energy & Metals financial results conference call to present and discuss the Metlen Group first-half 2024 financial results.

At this time, I would like to turn the conference over to Mr. Evangelos Mytilineos, Chairman of the Board of Directors and Chief Executive Officer; and other senior executives. Mr. Mytilineos, you may now proceed.

Evangelos Mytilineos - Metlen Energy & Metals AE - Chairman & CEO

Thank you very much. Welcome to all friends and analysts from Greece and overseas. We are here this evening to discuss the financial results of the first half of 2024. We had a relatively good first half. I think our shareholders are pleased with the results.

Our earnings per share exceeded EUR2, which is up 5% year on year; net profitability at EUR282 million, also 5% up. EBITDA is EUR474 million, up 8%. Current liquidity of the company is at EUR2.6 billion, which is 15% up year on year. And the

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