Today we will focus purely on business news…
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Metlen is preparing a major surprise heading for €42.
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Eurobank is strong abroad with profits of €168 million out of a total of €331 million.
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The market behavior of GEK TERNA makes it an extremely dangerous bubble…
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National Bank has acquired 30% of Allianz.
Metlen prepares major surprise heading for €42
According to a well-informed source, Metlen is close to a very powerful deal that will surprise investors and inevitably lead it to €42–€44 from its current €38 level. The upcoming deal is indeed very strong.
Eurobank strong abroad with profits of €168 million out of a total of €331 million
It is worth mentioning that nearly 50% of Eurobank's profitability comes from abroad, a feat attributed to Stavros Ioannou, the Deputy CEO, who has achieved exceptional returns alongside Fokion Karavias, forming the most successful management team at Eurobank.
The market behavior of GEK TERNA makes it an extremely dangerous bubble…
There is no doubt that GEK TERNA is a stock market bubble at €43 with a market capitalization of €4.46 billion. Many will say that Standard and Poor’s upgraded it to BBB-, but the answer is that thousands of evaluations are paid for and carry no essential weight. Standard and Poor’s predicts a significant improvement in the financial performance of GEK TERNA, with EBITDA expected to rise to over €750 million by 2028, up from approximately €609 million in 2025. A decisive role will be played by the full operation of Attiki Odos, the commencement of the Egnatia Odos operation, and the significant toll increases planned for Egnatia—Greece is paying GEK TERNA with new increased tolls—as well as the completion of new concession projects. At the same time, EBITDA margins are estimated to strengthen to 23%-24% by 2028, from 15.8% in 2025, as the contribution of construction to operating profits decreases and the weight of concessions—which show margins of 70%-75%—increases. GEK TERNA maintains high consolidated leverage, with €4.3 billion in loans at the end of 2025. The group plans investments of approximately €1.4 billion during the 2026-2028 period, primarily for the completion of the Egnatia Odos expansion, the VOAK in Crete, and the new airport at Kastelli.
National Bank acquired 30% of Allianz for approximately €44 million
National Bank (NBG) and Allianz SE announced that they have signed a Memorandum of Understanding (MoU), which outlines NBG's intention to acquire a 30% minority stake in Allianz European Reliance (Allianz Greece) for a price of approximately €44 million. The MoU also stipulates the intention of both parties to enter into a long-term exclusive bancassurance agreement between NBG and Allianz Greece, with an initial duration of 10 years and an automatic five-year extension subject to agreed conditions.
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