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In 2018, it is completed as a year of consolidation in 2017 and slightly better. In 2019, Mytilineos will record a turnover of 2.2 billion euros (against 1.5 billion euros) and an EBITDA operating profit of 400 million euros. euros (against 300 million euros) for a net profit of 200 million euros, converted into earnings per share. a share of 1.5 euros, he said briefly before the Union of Institutes, at the head of Mytilene, E. Mytilineos. Mr Mytilineos predicted for 2020 a turnover that would double from 2018 to 3 billion euros.
Mr Mytilineos also said that net debt in 2018 with investments of EUR 75 million had been reduced to EUR 440 million, compared with EUR 568 million, or 1.4 to 1 million. , 5 times the EBITDA. In 2019, combined with investments, loans will fall below 300 million euros, which will correspond to 0.7 to 0.8 times the EBITDA and will constitute the lowest loan in history. of the group.
Referring to the 2018 figures and forecasts for 2019, Mr. Mytilineos pointed out that this year, the benefits of the group's diversified industrial presence have reappeared, with aluminum having evolved extremely well and that in 2019, thanks to the coverage, the forecasts are positive, while the benefits will be reinforced by the parity and the price of fuel, which is also beneficial for the gasoline sector.
For Metka, he revealed that the construction sector was returning to major projects as the € 430 million project had started in Libya, while in Ghana, in 2019, the project was starting at $ 363 million. d & # 39; euros. Begins also the takeoff of METKA EGN., Which, in 2019, should have a turnover of at least 400 million and an EBITDA of at least 50 million.
Finally, for energy in the first half of 18 years, the price was not positive, but turned in the second half. According to forecasts, with the fall in gasoline prices due to rising brent combined with rising CO2 emissions, the company's jobs are expected to be very high with good margins and hence a good year global is expected in 2019.
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