Metlen explores METKA listing. Metlen Energy & Metals stock falls 2.51 percent

Published on 10/08/2026 at 13:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wood set a EUR 65.00 target, up from EUR 45.50, on September 29, 2026. Metlen Energy & Metals stock costs EUR 47.85 versus EUR 49.08 on October 8, 2026.

Metlen Energy & Metals, GB00BTQGS779, Illustration mit AI erstellt.

Metlen Energy & Metals (GB00BTQGS779) was trading at EUR 47.85 at Lang & Schwarz on October 8, 2026 at 1:12 p.m. CEST, down 2.51 percent versus EUR 49.08. On October 7, 2026, Metlen said it was reviewing strategic options for a potential listing of METKA on Euronext Athens.

Chronology adds three quantified steps

On September 29, 2026, Wood raised its target for Metlen from EUR 45.50 to EUR 65.00 while retaining a Buy recommendation, as reported by OT. The new target was 43.96 percent above the old target.

On October 5, 2026, Metlen announced a long-term gallium agreement covering up to 16 percent of planned annual output. Yahoo Finance reported that the facility is designed for 50 metric tons per year and that commercial production is planned for the third quarter of 2027.

The October 7 announcement was the third step in the sequence. It said METKA would combine three activities, namely construction, concessions and public-private partnership investments, and facility management, while any listing remains subject to market conditions and regulatory processes.

What does the METKA plan change?

The proposed structure would give METKA a standalone platform for infrastructure, concessions, real estate, logistics, water and environmental projects. Metlen said it expects to retain majority control if a listing proceeds, making the plan a potential source of external capital without giving up group control.

The strategic move follows strong first-half 2026 operating figures. According to Edison, revenue reached EUR 3.99 billion in the first half of 2026, up 11 percent from EUR 3.61 billion in the first half of 2025. EBITDA rose 23 percent to EUR 550.00 million from EUR 445.00 million, while net profit after minorities increased 23 percent to EUR 313.00 million.

For investors, the figures connect the infrastructure plan with a broader earnings story. Edison said Infrastructure and Concessions generated EUR 368.00 million of revenue and EUR 82.00 million of EBITDA in the first half of 2026, with EBITDA up 162 percent year over year. That growth gives the proposed METKA platform a measurable operating base rather than a purely structural rationale.

Dates point to the November update

Metlen's investor-relations calendar sets November 5, 2026, for the nine-month 2026 trading update. The gallium facility is scheduled to begin commercial production in the third quarter of 2027, while the October 5 agreement covers up to 16 percent of its future annual output.

The next valuation test is therefore operational. The company reaffirmed fiscal 2026 EBITDA guidance of EUR 1.00 billion to EUR 1.15 billion after the first-half result, and the November update should provide the next reported measure of progress toward that range.

Stock trades below its prior close

Metlen Energy & Metals was trading at EUR 47.85 at Lang & Schwarz on October 8, 2026 at 1:12 p.m. CEST, down 2.51 percent versus the Lang & Schwarz prior close of EUR 49.08 on October 7, 2026. The finance quote showed a market capitalization of EUR 6.8 billion and a 52-week range of EUR 30.50 to EUR 55.00 as of October 8, 2026.

The further course of trading is shown by the continuously updated real-time quote of Metlen Energy & Metals stock.