Energy and Utilities Sector Shows Strong Performance on the Athens Stock Exchange in 2025
Since the start of the year, the average return of the FTSE_EU has been +22%, closely aligning with the broader market’s +26% growth.
Leading the charge is Metlen, with its share price surging by +36.5% in 2025, reaching a historic high of 46 euros. This boost brings its market capitalization to over 6.5 billion euros, positioning it favorably ahead of the anticipated dual listing on the London Stock Exchange.
IPTO Holdings’ shares have also reached record highs, trading at over 3 euros, with a gain of +22.7% year-to-date. The anticipated energy interconnections and substantial economic advantages are key drivers behind this year’s market rally.
Motor Oil has shown encouraging trends, now at its highest price in over a year (over 25 euros), marking a +21.2% increase in 2025 and uplifting its valuation to 2.7 billion euros, despite recent hurdles that have led to a significant undervaluation on the ATHEX board.
Meanwhile, Helleniq Energy has seen an increase of +3.8%, although it remains slightly below the psychological barrier of 8 euros. PPC’s performance has reached about +10.9%, although the stock is approximately -5% off its 15-year high of 14.4 euros.
Notably, companies in the water supply and sanitation sector, including EYDAP and EYATH, await regulatory decisions on new tariffs intended to fund investments in water conservation. EYATH has recorded a +3.7% increase, while EYDAP remains stable with a slight gain of +0.1%.
In contrast, Revoil and ELIN have experienced declines, falling by -3.7% and -7.3%, respectively.
• Metlen: +36.5% (€6.54 billion)
• IPTO: +22.7% (€733 million)
• Motor Oil: +21.2% (€2.77 billion)
• PPC: +10.9% (€5.05 billion)
• Helleniq Energy: +3.8% (€2.40 billion)
• EYATH: +3.7% (€121 million)
• EYDAP: +0.1% (€630 million)
• Revoil: -3.7% (€36 million)
• ELIN: -7.3% (€51 million)
