Thrace Plastics Holding And Commercial S.a. · ATHEX:PLAT

Thrace Plastics Holding And Commercial — Thrace Group — Investor Presentation (May 2015)

28 slides from Thrace Plastics Holding And Commercial's investor presentation, May 2015

1. Slide 1: Corporate Presentation May 2015

   CORPORATE PRESENTATION May 2015 • JANUARY 2013 CORPORATE PRESENTATION I1

2. Slide 2: Thrace Group | Who We Are

   THRACE GROUP I WHO WE ARE CORPORATE PRESENTATION I2

3. Slide 3: Two business units: Technical Fabrics and Packaging Solutions

   2 BUSINESS UNITS } TECHNICAL FABRICS PACKAGING SOLUTIONS a It iis iigagc bEFEES 4 THRACE GROUP A WORLD OF MATERIALS & SOLUTIONS.

4. Slide 4: Group key facts

    Converting 100k tons PP per year  Operations in 11 countries  28 different production technologies  52% production is in Greece  17% sales in Greece  Sales network in 80 countries  Sales in 24 market segments  FY 2014 Group Sales €293 mil  FY 2014 CAPEX €13 mil  1,663 employees CORPORATE

5. Slide 5: Thrace Group | Diversification

   THRACE GROUP I DIVERSIFICATION Sales – BU Contribution 38% Technical Fabrics 62% Packaging Sales Geographical Breakdown 3% Greece 17% 17% EU excl. Greece, UK Rest of Europe 19% UK 35% America 9% Asia Africa Oceania Production Geographical Breakdown 13% Greece 11% UK 52% S-E Europe 24% America CORPOR

6. Slide 6: Thrace Group | Know How

   THRACE GROUP I KNOW HOW 28 different production technologies from processing to finishing Innovation I Vertical integration I Flexibility I Cost effectiveness TECHNICAL FABRICS DIVISION TECHNOLOGIES PACKAGING DIVISION TECHNOLOGIES CORPORATE PRESENTATION I6

7. Slide 7: Packaging Business Unit | Products

   PACKAGING BUSINESS UNIT I PRODUCTS CORPORATE PRESENTATION I7

8. Slide 8: Technical Fabrics Business Unit | Products by Application

   TECHNICAL FABRICS BUSINESS UNIT I PRODUCTS ΒΥ APPLICATION GEOSYNTHETICS CONSTRUCTION AGRI/HORTICULTURE LANDSCAPE- SPORT & LEISURE AQUACULTURE GARDENING MEDICAL & HYGIENE FILTRATION FURNITURE & AUTOMOTIVE PACKAGING FABRICS BEDDING ADVANCED FABRICS/ FLOOR COVERING INDUSTRIAL FABRICS ARNO WEBBINGS/ IND

9. Slide 9: Technical Fabrics Business Unit | Indicative Key Projects

   TECHNICAL FABRICS BUSINESS UNIT I INDICATIVE KEY PROJECTS  Changi Singapore Airport  Kolkata Airport, India  Liverpool (John Lennon) Airport, UK  Chicago O’Hare Airport, USA  Khasab Port Extension Project, Oman  Palma de Mallorca Airport, Spain  Terminal 5, London Heathrow Airport, UK  E65 M

10. Slide 10: Technical Fabrics Business Unit | Overview

    TECHNICAL FABRICS BUSINESS UNIT I OVERVIEW Sales Breakdown Production Breakdown Asia Africa Oceania Greece America; 4% & Other Rest of 3% 18% 2% Europe 4% America Greece, 26% 48% Other European Union 34% UK; 34% UK 27% Key P & L Items * FY FY FY FY Q1 Q1 (amounts in €’000) 2011 2012 2013 2014 2014 2

11. Slide 11: Technical Fabrics Business Unit | Competition

    TECHNICAL FABRICS BUSINESS UNIT I COMPETITION CORPORATE PRESENTATION I 11

12. Slide 12: Packaging Business Unit

    1 i An 4 BUSINESS UNI It THRACE GROUP | A WORLD OF MATERIALS & SO

13. Slide 13: Packaging Business Unit | Products

    PACKAGING BUSINESS UNIT I PRODUCTS FIBC/FILLING BAGS/FFS FILMS PALLET COVERING/ CONTAINER LINERS/ FABRICS SOLUTIONS PACKAGING FILM CARGO PROTECTION INJECTION/BUCKETS/ THERMOFORMING EPS CONTAINERS & CRATES 5 GAL BOTTLES & PAILS/CONTAINERS CUPS TRAYS CAPS BAG IN BOX GARBAGE BAGS ROPES & TWINES CORPORA

14. Slide 14: Packaging Business Unit | Key Customers

    PACKAGING BUSINESS UNIT I KEY CUSTOMERS CORPORATE PRESENTATION I 14

15. Slide 15: Packaging Business Unit | Overview

    PACKAGING BUSINESS UNIT I OVERVIEW Sales Breakdown Production Breakdown Asia Africa & UK; 4% Other; 1% Rest of S-E Europe; Europe; 17% 40% Greece; 39% Greece; 60% Other European Union; 23% S-E Europe; 15% Key P & L Items * FY FY FY FY Q1 Q1 (amounts in €’000) 2011 2012 2013 2014 2014 2015 Sales 106.

16. Slide 16: Packaging Business Unit | Competition

    PACKAGING BUSINESS UNIT I COMPETITION CORPORATE PRESENTATION I 16

17. Slide 17: Statutory Financial Statements: change in consolidation of joint ventures

    Statutory Financial Statements: The change of standards with regard to the consolidation of joint ventures (IFRS 10, 11 and 12) resulted into the change of the consolidation method. IFRS 11 abolishes the concept of the proportional consolidation of the jointly controlled entities. Instead, the joint

18. Slide 18: Financials | FY 2014 Key P&L Figures (Statutory)

    FINANCIALS I FY 2014 KEY P&L FIGURES (STATUTORY) P&L 2014 2013  Improved Group Financial Performance driven by: amounts in thousand Euros Turnover 278,182 251,216  Increased sales mainly due to strong demand of TF BU Gross Profit 51,313 44,014 in Europe and in the US, EBIT 14,658 8,830  Effective

19. Slide 19: Financials | FY 2014 Key Balance Sheet Items (Statutory)

    FINANCIALS I FY 2014 KEY BALANCE SHEET ITEMS (STATUTORY) B/S 2014 2013 CAPEX 2014 amounts in thousand Euros amounts in thousand Euros Non Current Assets 100,556 87,401 Maintenance 4,333 Current Assets 146,366 159,186 Market Growth 7,679 Total Assets 246,922 246,587 Cost Saving 763 Health & Safety 59

20. Slide 20: Financials | Q1 2015 (Statutory)

    FINANCIALS I Q1 2015 (STATUTORY) Q1 2015 Q1 2014 Δ% (Estimate) (As Published) TURNOVER 66,572 62,456 6.6% GROSS PROFIT 14,404 11,886 21.2% EBITDA 7,845 4,635 69.3% EAT & MI 2,680 1,031 159.9% NET DEBT 35,746 32,779 9.1% (Net Debt 31.03.2015) (Net Debt 31.12.2014) 1.14 1.39 NET DEBT / EBITDA (Net Deb

21. Slide 21: Strategy

    TRATEGY ling profitable growth through ent in capacity & innovation

22. Slide 22: Thrace Group | Sales Development 2006 – 2014

    THRACE GROUP I SALES DEVELOPMENT 2006 – 2014 8 yrs CAGR: 4,4% Turnover (EUR m) * 5 yrs CAGR: 8,2% 300 293 265 265 250 262 251 Financial 239 235 Crisis 200 208 197 150 100 50 0 * Turnover consolidates 2006 2007 2008 2009 2010 2011 2012 2013 2014 proportionally the JVs  Profitable and cash generating

23. Slide 23: Thrace Group | From Focus on Debt to Focus on Growth

    THRACE GROUP I FROM FOCUS ON DEBT TO FOCUS ON GROWTH Net Debt (EUR m) Net Debt / EBITDA (x) CAPEX (EUR m) CAPEX / Depreciation 70 3,5 16,0 1,8 60 3,0 14,0 1,6 12,0 1,4 50 2,5 1,2 10,0 40 2,0 1,0 8,0 30 1,5 0,8 6,0 0,6 20 1,0 4,0 0,4 10 0,5 2,0 0,2 0 0,0 0,0 0,0 2009 2010 2011 2012 2013 2014 2009 201

24. Slide 24: Thrace Group | Strategy Overview 2015 – 2019

    THRACE GROUP I STRATEGY OVERVIEW 2015 – 2019 Profitable Growth Market-driven Value Capture Organic growth (increase margins)  Increase Capacity  Further reduce production cost  Geographical expansion  Improvement of Product Mix (shift of sales to the high margin products)  Development of new hi

25. Slide 25: Thrace Group | Vision

    THRACE GROUP I VISION Το be the most valuable partner for our customers and suppliers and to OUR consistently increase shareholders’ VISION o ensuring a prosperous value while future for all individuals working in the THRACE GROUP CORPORATE PRESENTATION I 25

26. Slide 26: Thrace Group | Corporate Governance

    THRACE GROUP I CORPORATE GOVERNANCE BOARD OF DIRECTORS Constantinos Chalioris: Chairman & CEO Theodosios Kolyvas: Executive Vice-Chairman George Braimis: Executive Member Dimitris Malamos: Executive Member Vassilis Zairopoulos: Non-Executive Member Stephen Duffy: Non-Executive Member Christos Chiati

27. Slide 27: Disclaimer

    DISCLAIMER This material was produced and distributed by Thrace Plastics Co S.A. Information contained herein have been compiled or arrived at by Thrace Plastics Co S.A. solely for your information, and, accordingly, neither Thrace Plastics Co S.A. nor its affiliates accepts liability for any loss a

28. Slide 28: Thank you

    Thank you www.thracegroup.com CORPORATE PRESENTATION I 28

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