MYTILINEOS Holdings Sustainability Report
2014
MYTILINEOS Holdings Sustainability Report
2014
16
17
Construction & EPC Projects
The EPC Projects Sector remained on a positive course for yet another
year. METKA S.A. posted a turnover of €609.3 million, against €606.5
million in 2013, managing to sustain its strong financial performance
at particularly high levels, despite the unstable environment in Middle
East markets.
Despite the continuing uncertainties in the domestic and international
environment, METKA S.A. is expected to continue on a positive course in
2015. The company will maintain its focus on the construction of large-
scale energy projects, placing particular emphasis on penetrating
markets with strong energy needs. At the same time, it will continue to
pursue the expansion of its portfolio of projects in Greece, capitalising
on the competitive advantages it has gained through the successful
execution of demanding international projects, even in areas with
an unstable political and institutional environment. METKA S.A. will
continue to be driven by the strategy of dynamic and extrovert growth,
which it has been successfully implementing during the previous
years, through the joint efforts of its Management and employees. At
the same time, the company will remain focused on its repositioning in
the domestic market, mainly in public infrastructure works.
Energy
The Energy Sector posted a turnover of €168.5 million, down from
€369.1 million in 2013, as a result of the reduced demand and the
regulatory changes in the operation of the market.
PROTERGIA operates in a constantly changing environment, in terms
of both the country's economy and the electricity market. Despite that,
and given the fact that gas-fired combined cycled plants are necessary
to ensure the country's adequate supply with electricity, prospects
in the medium-to-long term remain positive. The decrease in the
pipeline Natural Gas prices due to the respective decrease in oil prices
in the international markets, coupled with the possibility to source
Liquefied Natural Gas (LNG) from MYTILINEOS Group, are expected
to enhance the role of the gas-driven power plants compared to 2014.
The three (3) wind farms under construction by the company are
expected to enter into operation during 2015. PROTERGIA has been
firmly established as the largest independent energy producer in
Greece and, in this context, the company has already launched and
will be stepping up activities in the retail electricity market, aiming to
supply electricity to commercial customers and households, offering
competitive prices and reliable services.
MYTILINEOS Group is expanding its activity sectors with the aim of supporting the
Greek industry, economy and society, through the new business investments of its
subsidiaries and through its robust, long-term and consistent investment work.
This systematic work involves investments in the quality and modernisation of
infrastructures and in the reliability of production, made with the aim of driving the
Group’s further growth in the domestic market as well as consolidating its position as
one of Europe’s leadingHeavy Industry Groups inEnergy, Metallurgy andConstruction.
In the Metallurgy and Mining
Sector, for enhancing productivity
and creating 136 new jobs.
€33
(million)
of investments
In the EPC Projects Sector, for acquiring
new mechanical equipment to enhance
production and create new jobs.
€6
(million)
of investments
In the sector of Renewable
Energy Sources, for
constructing 130 MW of
additional production assets.
€200
(million)
of investments
New Investments
2015-2016
Key Figures 2014
Activity
sectors
3
Total number of
subsidiaries
3
Production
plants
7
Employees
2,137
Annual production
of bauxite
633
(thousand tons)
Annual production
of alumina
813
(thousand tons)
Annual production
of aluminium
173
(thousand tons)
EPC Projects
signed backlog
1,292
(million €)
Portfolio
of RES projects
in various stages
of development
1,301
(MW)
Turnover
1,232
(million €)
EBITDA
253.9
(million €)
Net profits
60.5
(million €)
Employee
compensations
and benefits
83.8
(million €)
Capital
providers
62.2
(million €)
Taxes
53.6
(million €)
Investments
51.5
(million €)
Environmental
expenditures
9.2
(million €)
Social
expenditures
852
(thousand €)
Products
Financial
results
Activity
sectors
Social
Product
(G4-9)
