Thrace Plastics adds FreezeCup deal. Thrace Plastics stock is 11.30 percent below EUR 5.40

Published on 10/20/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FreezeCup launched with iCup on October 14, 2026. Thrace Plastics stock costs EUR 4.79 on October 20, 2026, 11.30 percent below EUR 5.40.

Partnership and results

On October 14, 2026, iCup and Thrace Plastics presented the FreezeCup partnership.
First-half 2026 revenue reached EUR 226.60 million, up 13.20 percent year over year.
Thrace Plastics stock traded at EUR 4.79 at 1:17 p.m. CEST on October 20, 2026, 11.30 percent below the EUR 5.40 52-week high.

Thrace Plastics, GRS239003007, Illustration mit AI erstellt.

Thrace Plastics (GRS239003007) stock was at EUR 4.79 at Lang & Schwarz on October 20, 2026, at 1:17 p.m. CEST, 11.30 percent below its EUR 5.40 52-week high. On October 14, 2026, Euro2day reported that the group had partnered with iCup to produce FreezeCup, a reusable cup presented at the Athens Coffee Festival 2026.

Production investment broadens the offer

The partnership combines a new product with investment in production equipment in Greece. Euro2day said the equipment is intended to raise capacity and help the group respond faster to food-service demand. FreezeCup is protected by a utility model certificate and is also covered by patent provisions, according to the same report.

The latest operating figures give the partnership a stronger financial backdrop. OT reported that first-half 2026 revenue rose to EUR 226.60 million from EUR 200.20 million in first-half 2025, an increase of 13.20 percent. EBITDA reached EUR 38.20 million, compared with EUR 24.30 million a year earlier, while the EBITDA margin increased to 16.80 percent from 12.10 percent.

What does the 16.80 percent margin show?

The margin points to operating leverage rather than sales growth alone. First-half 2026 net profit rose to EUR 19.20 million from EUR 8.20 million, a 133.70 percent increase, while operating cash flow reached EUR 23.10 million. Net debt was EUR 71.50 million at the end of June 2026, compared with EUR 56.90 million at the end of 2025, according to Insider.

Three events define the current picture

On September 22, 2026, Thrace Plastics reported first-half 2026 revenue of EUR 226.60 million and EBITDA of EUR 38.20 million, according to OT. On October 5, 2026, ProtoThema reported that management expected third-quarter operating profitability to exceed the 2025 level and planned EUR 30.00 million of investment in 2026. On October 14, 2026, the iCup partnership brought FreezeCup to the Athens Coffee Festival 2026.

Stock position and investor context

The EUR 4.79 Lang & Schwarz price sits 11.30 percent below the current EUR 5.40 52-week high and above the EUR 3.55 52-week low. The company is listed on the Athens Stock Exchange under ticker PLAT and operates in industrial manufacturing, producing polypropylene-based materials and solutions for construction, agriculture, packaging, medical and hygiene markets.

Price stays below the yearly high

Thrace Plastics was trading at EUR 4.79 at Lang & Schwarz on October 20, 2026, at 1:17 p.m. CEST. Its market capitalization was EUR 204.4 million on October 20, 2026.

The further course of trading is shown by the continuously updated real-time quote of Thrace Plastics stock.