- Metlen’s third-quarter net income increased to €200 million, a 3.6% rise year-over-year.
- The company’s third-quarter sales climbed to €1.72 billion, marking a 9.5% increase compared to the previous year.
- EBITDA for the third quarter rose slightly to €289 million, up by 1.4% year-over-year.
- For the first nine months of the year, Metlen reported a net income of €482 million, showing a 4.3% increase from the same period last year.
- Sales for the nine-month period reached €4.20 billion, reflecting a 2.8% rise compared to the prior period.
- EBITDA for the nine months amounted to €763 million, indicating a growth of 5.7% over the previous year.
- The company is nearing a Final Investment Decision (FID) on several significant projects, expected to be announced in the coming months.
- Metlen’s chairman has expressed an ambitious goal of doubling the company’s size in the next 3-5 years.
- Market analysts have shown strong support for Metlen, with 11 buy recommendations, no holds, and only 1 sell recommendation.
A look at Mytilineos Holdings Sa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Mytilineos Holdings S.A., an industrial group and independent energy producer, is positioned for a positive long-term outlook based on its Smartkarma Smart Scores. With solid scores across various factors, including Value, Dividend, Growth, Resilience, and Momentum, the company exhibits strengths in key areas that bode well for its future performance.
The company’s strong score in Dividend and Growth highlights its potential for generating returns for investors while maintaining a steady payout. Additionally, its Resilience score underscores its ability to weather economic uncertainties, while the Momentum score suggests a positive trend in the company’s performance. Overall, Mytilineos Holdings S.A. appears well-positioned to deliver value and growth over the long term, supported by its diverse business activities in aluminum production, energy projects, and natural gas trading.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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