Thrace Plastics Holding And Commercial S.a. · ATHEX:PLAT
Thrace Plastics Holding And Commercial — Thrace Group — Investor Presentation (April 2026)
41 slides from Thrace Plastics Holding And Commercial's investor presentation, April 2026
Slide 1: Corporate Presentation April 2026
CORPORATE PRESENTATION APRIL 2026
Slide 2: The Group
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET ▪ At a Glance ▪ Technical Fabrics The Group Segment ▪ Packaging Segment ▪ Agricultural Segment
Slide 3: Thrace at a glance
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Thrace at a glance [GRI: 102-6, 102-7] Engages in Covers Employs Develops in Implements Reuse of Operations in 3 business 25 market 2,258 80 28 different 100% 9 countries units Segments Employees countries technologies internal recycled wi
Slide 4: Technical Fabrics Segment - Capital-intensive, innovation-driven segment
GROUP GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Technical Fabrics Segment - Capital-intensive, innovation-driven segment with improving product mix Product Families Geotextiles Fabrics Nets Yarns (woven, nonwoven) Geogrids Membranes Strapes Fibres Geocomposites Film Ropes FIBC / f
Slide 5: Technical Fabrics Segment - Applications
GROUP GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Technical Fabrics Segment - Capital-intensive, innovation-driven Main categories (% of Volume Sold in TF Segment) segment with improving product mix ▪ Civil Infrastructure – 30% ▪ Construction related products – 16% Applications ▪ FI
Slide 6: Technical Fabrics Segment: Production & Revenue breakdown
GROUP GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Production & Revenue breakdown Technical Fabrics Segment Revenue 2025 EBITDA 2025 EBITDA MARGIN 252.4mil 24.2mil 9.6% European based production with global footprint and extended sales network PRODUCTION GEOGRAPHICAL BREAKDOWN SALES
Slide 7: Packaging Segment - Robust profitability
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Packaging Segment – Robust profitability, driven by scalability, automation and product innovation Product Families Container liners / Twines cargo protection Thermoforming cups Bag in box Bags / FFS film Packaging fabrics Crates Garbage b
Slide 8: Packaging Segment - Applications
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Packaging Segment – Robust profitability, driven by scalability, automation and product innovation Applications HORECA AGRICULTURAL USE HOTEL, RESTAURANT AND (FERTILIZERS) CONSTRUCTION FOOD CATERING INDUSTRY HOUSEHOLD TRANSPORTATION PAINT
Slide 9: Packaging Segment: Production & Revenue breakdown
GROUP GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Production & Revenue breakdown Packaging Segment Revenue 2025 EBITDA 2025 EBITDA MARGIN 148.1mil 24.5mil 16.5% SE Europe based production and sales, with leading market share in a variety of products, expanding to new geographies PRO
Slide 10: Agricultural Segment - Sustainable Business
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Agricultural Segment – Sustainable Business, with clear growth opportunities Product Families Mini Cucumber Beef Tomato Eggplant Cluster Tomato 600gr Mini Tomato Mini Cucumber Mini Cucumber Cucumber 500gr 750gr • The largest hydroponic gre
Slide 11: Agricultural Segment
GROUP GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Agricultural Segment We steadily grow the future of sustainable greenhouses ▪ New greenhouses (6.5 Ha), increase of volume and product portfolio ▪ Strong demand and positive feedback for our packaged products, new varieties of tomato
Slide 12: Strategy
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET ▪ Overview Strategy ▪ CAPEX 12
Slide 13: Strategy Overview
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Strategy Overview Vision: To be a leading provider of engineered materials and solutions, driving industrial resilience, and long-term value creation in a rapidly changing world Strategic Priorities: ▪ Improve financial efficiency (Return
Slide 14: Capex Progress
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Capex Progress Recent investments position the Group for EBITDA growth and rising free cash flow as CAPEX CAPEX implementation allows the Group to normalizes. pursue new business opportunities in more niche markets, defending and developin
Slide 15: Capex FY2026 | M&As
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Capex FY2026 | M&As Strict capital discipline prioritizes value-accretive organic growth and selective M&A CAPEX FY2026 FY 2026 investment program of c. €20-€25 mil., includes the following: ▪ Further capacity growth in Rigid Packaging wit
Slide 16: Approach to Sustainable Development
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Approach to ▪ Operating with respect to society and the Sustainable environment ▪ Creating solutions Development for a sustainable future 16
Slide 17: Vision, Our 2025 targets, Our values
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Our 2025 targets Vision To be a leading provider of engineered materials and solutions, driving industrial resilience, and long-term value creation in a rapidly changing world. 40% Reduction of waste to landfill compared to 2021 √ Our valu
Slide 18: Sustainable Development: Circular Economy
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Sustainable Development Focus on Circular Economy by developing sustainable products with a positive environmental impact Commitment Design priorities Material Use • Low environmental footprint The Group puts the principles of the circular
Slide 19: Networking through the "In the Loop" Circular Economy Platform
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Networking through the "In the Loop" Circular Economy Platform Networking among companies, brands, public institutions, and consumers 200+ • Contribution to reducing the environmental footprint across the entire value chain ANNUAL PARTNERI
Slide 20: Sustainable Development: Energy efficiency
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Sustainable Development Focus on energy efficiency, which is a never-ending effort Energy efficiency improvement Renewable energy Carbon footprint Total energy consumption For the monitoring & calculation of in 2025 12.9% greenhouse gas em
Slide 21: Sustainable Development: Creation and safeguarding of employment
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Sustainable Development Creation and safeguarding of employment We contribute to the local societies, with many initiatives for the local communities SUPPORTING LOCAL COMMUNITIES RESPECT OF HUMAN RIGHTS The Group is committed to creating e
Slide 22: Sustainable Development: Corporate Governance
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Sustainable Development Creation and safeguarding of employment Robust Corporate Governance framework, being part of who we are and how we operate BOARD OF DIRECTORS CORPORATE GOVERNANCE COMPLIANCE • 12 Board Members, 9 men / 3 women Full
Slide 23: Financial Review FY 2025
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL FINANCIAL OUTLOOK STOCK MARKET Financial ▪ Another year of strong financial performance, with a robust increase Review FY 2025 vs previous year, in a highly challenging environment 23
Slide 24: FY25 Highlights
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL FINANCIAL OUTLOOK STOCK MARKET FY25 Highlights Macroeconomic Environment Markets Macroeconomic pressures remained elevated ▪ Demand in most markets did not show a significant recovery ▪ Raw material prices remained relatively low, compared to FY
Slide 25: FY25 Highlights
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL FINANCIAL OUTLOOK STOCK MARKET FY25 Highlights Wide portfolio having a broad and diversified presence across multiple markets, segments and end-use applications ▪ Demand for products for the construction sector remained at low levels, although s
Slide 26: Financial Analysis
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL FINANCIAL OUTLOOK STOCK MARKET Financial Analysis Key financial highlights for FY 2025 Strong Financial Results with Increased Operating Profitability include: Despite a Volatile Geopolitical and Economic Environment ▪ Increased volumes sold by
Slide 27: Financial Results (in mil. €)
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL FINANCIAL OUTLOOK STOCK MARKET Financial Results (in mil. €) Revenue growth driven by volume expansion - EAT growth outpaced EBITDA due to operating leverage Turnover in mil. € EBITDA Adjusted EBT 500 45.1% 14.1% 400 300 19,9 200 389,6 370,4 48,
Slide 28: Segmental Performance (in mil. €)
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL FINANCIAL OUTLOOK STOCK MARKET Segmental Volumes Gross Profit Performance (in mil. €) 86,2 79,8 48,7 44,0 ▪ Technical Fabrics EBITDA margin expanded to 36,0 47,8 32,6 9.4% (+120 bps YoY), depicting a structural 46,6 7.9% improvement in the segme
Slide 29: Financial Position
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL FINANCIAL OUTLOOK STOCK MARKET Financial Position Strong Balance Sheet, with increased assets base and stable OWC over Sales Statement of Financial Position (in €'000) 2025 2024 Key Ratios 2025 2024 Fixed Assets 218,286 206,933 Total Debt 83,301
Slide 30: Working Capital
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL FINANCIAL OUTLOOK STOCK MARKET Working Capital Working capital ~€15 mil increase in FY25, mainly as a result of a ~€7.7 mil. increase in AR due to business growth • DSO, DPO, DIO follow a normal pattern, excluding 2021, which is considered an ou
Slide 31: Cash Flow Overview
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL FINANCIAL OUTLOOK STOCK MARKET Cash Flow Overview Operating cash flows funded growth CAPEX and dividend distribution, with limited increase in leverage Cash Flow Bridge (in €'000) ▪ Working capital increase mainly linked to higher Increase Decre
Slide 32: Net Debt
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL FINANCIAL OUTLOOK STOCK MARKET Net Debt • After the historical high net debt of €84 mil. in 2019, following the 5yrs restructuring plan, Net Debt has settled at low levels from 2020 onwards • Net debt / EBITDA consistently below 1.3x since 2020
Slide 33: FY2026 Outlook
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET FY2026 Outlook 33
Slide 34: 2026 Outlook
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET 2026 Outlook Q1 2026 FY 2026 • For the annual profitability, it is not possible to provide a reliable forecast, given the • For the first quarter of 2026, the Group’s uncertainty arising from the ongoing military conflict and its unpredict
Slide 35: Thrace Group Stock Data
GROUP SUSTAINABILITY STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET ▪ Sufficient free float and Thrace Group well diversified investors portfolio. Focusing on achieving STOCK |DATA strong dividend yields for our shareholders 35
Slide 36: Share Information
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Share Information Shares Outstanding : 43,741,452 Share Evolution 2023-10.2025 Type of Shares: Common Registered 450.100 7,00 Average Volume 2026: 48,0K 400.100 6,50 Average Volume 2025: 37,8K ISIN: GRS239003007 350.100 6,00 300.100 5,50 C
Slide 37: Shareholders Analysis
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Shareholders Analysis Strong and increasing dividend yields starting from 2020, clearly targeted by the Group 22.04.2026 Shareholders Breakdown Gross Dividend per share & Dividend Yield 0,30 € 7,0% 0,25 € 6,0% 10,2% 5,0% 0,20 € 4,0% 4,4% 0
Slide 38: Key Takeaways
Key Takeaways FY25 Delivered Sustainable Business Drivers Cash, Balance Sheet & Capital Allocation ▪ Revenue: €389.6m (+5.2%) ▪ Structural: Route-to-market expansion, ▪ Leverage: Net Debt/EBITDA 1.18x ▪ Volumes: 130k tons (+7.2%) vertical integration, improved mix ▪ Cash use: Mainly CAPEX and Divide
Slide 39: Alternative Performance Measures
GROUP STRATEGY SUSTAINABILITY FINANCIAL OUTLOOK STOCK MARKET Alternative Performance Measures During the description of the developments and the performance of the Group, ratios such as the EBIT and the EBITDA are utilized. • EBIT (The indicator of earnings before financial and investing activities,
Slide 40: Disclaimer
GROUP SUSTAINABILITY STRATEGY FINANCIAL OUTLOOK STOCK MARKET Disclaimer This material (the “Presentation”) has been prepared, issued and presented by Thrace Plastics Co S.A. (the “Company”) on the terms set out below for the exclusive and confidential use of the persons to whom it is addressed (“Rec
Slide 41: Contacts
Contacts Investors Relations Department ir@thraceplastics.gr +30 210 9875081 Connect with us: www.linkedin.com/company/thrace-group/ www.linkedin.com/company/thrace-group/ www.thracegroup.com