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Operational profitability exceeds guidance for 2024 | TheGreekDeal.com
METKA
Operational profitability exceeds guidance for 2024
Thanasis Virvilis
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METKA, the construction arm of the Metlen Group, has completed its fiscal year 2024 with an outstanding backlog of signed contracts amounting to €1 billion, according to preliminary results disclosed by the group.

Including upcoming contracts yet to be signed, the backlog totals €1.4 billion, not accounting for bids that the group is pursuing for public and private projects.

The turnover for the fiscal year reached €254 million, up from €130 million in 2023, while earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to €50 million compared to €18 million in 2023, marking a remarkable increase of 178%.

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