Thrace Plastics stock reports stronger H1 profit and margins
Published on 09/29/2026 at 18:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Thrace Plastics stock is backed by first-half 2026 revenue of EUR 226.6 million, an increase of 13.2 percent from the prior-year period. The company also reported EBITDA of EUR 38.2 million on September 22, 2026, giving investors a clear signal of operating improvement.
Revenue growth broadens the recovery
According to iefimerida on September 22, 2026, first-half sales increased from EUR 200.2 million to EUR 226.6 million. Volumes rose 8.2 percent during the six-month period, while second-quarter volume growth reached 10.8 percent.
The operating improvement was stronger than the top-line advance. EBITDA increased from EUR 24.3 million to EUR 38.2 million, a gain of 57.1 percent, and the EBITDA margin expanded from 12.1 percent to 16.8 percent, according to iefimerida.
Profit growth outpaces revenue
Net profit reached EUR 19.2 million in the first half of 2026, compared with EUR 8.2 million a year earlier, an increase of 133.7 percent. Earnings per share rose to EUR 0.4327 from EUR 0.1833, showing that the earnings improvement extended beyond operating profit.
According to iefimerida, management expects third-quarter operating profitability to exceed the level recorded in the third quarter of 2025. It also sees conditions for higher full-year 2026 operating profitability than in 2025, although energy costs and demand remain important variables for the second half.
Analyst target remains above market level
An Investing.com consensus page dated September 21, 2026 listed an average 12-month price target of EUR 7.58 from two analysts, alongside a target range of EUR 7.10 to EUR 8.05. The target data give the earnings recovery a valuation angle, but they are separate from the company's reported results.
Market value and trading range
Thrace Plastics had a market capitalization of EUR 217.6 million on September 29, 2026. Its 52-week range was EUR 3.55 to EUR 5.40 on the same date, placing the company in a small-cap segment where margin delivery can have a material effect on valuation.
Thrace Plastics stock facts
- Company: Thrace Plastics Holding Company S.A.
- Ticker: PLAT.AT
- Primary exchange: Athens Exchange
- Market capitalization: EUR 217.6 million (as of September 29, 2026)
- 52-week range: EUR 3.55-EUR 5.40 (as of September 29, 2026)
- Sector / Industry: Industrials / Manufacturing - Textiles
