EIB loan to Greece-based aluminum Elval worth 75mln€
The agreement was announced in Athens on Wednesday
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Τετάρτη
01
Φεβρουαρίου
2023
7
oC
aluminum
Mytilineos: “BUY” recommendation and target price at 21 euros / share from WOOD
The finance firm sees a profit of 517 million euros for 2022
EDISON – Maintains the target price of 24 euros for Mytilineos – Recommendation for a strong “buy”
The valuation of the international financial house increased by 57% from the current levels of the share. Strong cash flows to finance "green" investments, Mytilineos notes
M. Stasinopoulos (ElvalHalcor) – We invested 1.5 billion euros in the eight years of the crisis
Elval's € 250 million investment in aluminum rolling is completed, increasing production to 520,000 tons. Next goal is the capacity at 800,000 tons. Halcor's opportunities in electric propulsion.
Edison – New target price for Mytilineos
The analyst's forecast for a surge in net profits, by > 100% in 2022 and > 125% in 2023, relies heavily on the company's energy transition
PPC – Mytilineos: Agreement on electricity contract in Aluminum of Greece closed
The last contract with PPC until 2023, ςas announced by CEO Evangelos Mytilineos at the annual regular general meeting of shareholders - Mammoth agreement - mammoth $ 1.5 billion with Glencore - Provisions for doubling profits in 2022
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