Metlen share price rebounds in London after profit warning; investors brace for March 31 results
Metlen Energy & Metals shares rose 4.8% in London Monday after plunging 20% Friday on a profit warning and fresh project overruns. The stock hit a 52-week low of 35.20 euros before rebounding to 37.50 euros. Metlen cut its 2025 EBITDA outlook by 25% after new cost overruns at its M Power Projects unit and delays in renewables asset sales. Market value stood at €5.36 billion by mid-morning.
