Edison Investment Research - Thrace Plastics Holding And Commercial Societe Anonyme (PLAT) Thrace Plastics - Maintaining a steady course

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Edison Investment Research

Toby Thorrington

Thrace Plastics - Maintaining a steady course

Thrace delivered another strong profit contribution in Q3, even after the expected slowdown in sales volumes to the medical subsector. This ongoing sector rotation, as well as prevailing input cost inflation, has been well-flagged and is already reflected in our unchanged divisional expectations. Thrace remains keenly focused on reinvesting the windfall gains generated from its medical sector exposure into long-term value creation for the business.

06/12/2021 1 EN

Underlying

Thrace Plastics Holding And Commercial Societe Anonyme

Thrace Plastics Holding and Commercial SA Formerly known as Thrace Plastics Holding and Commercial Societe Anonyme. Thrace Plastics Holding and Commercial Societe Anonyme, formerly Thrace Plastics Co SA, is a Greece-based company engaged in the production and trade of plastic products, textiles and packaging materials. The Company's range of products are divided into three categories: Technical Fabrics & Fibers, which includes such products as woven and non-woven geotextiles, ground covers, crop covers, nets, roofing membranes, staple fibers, concrete reinforcement fibers, geogrids, Mega bag components and carpet and industrial yarns; Consumer Packaging, which offers plastic containers and lids, cups, tubs, bottles, bags for liquid packaging, as well as plastic packaging for food products, and Industrial Packaging, which includes ropes and twines, big bags, films, woven polypropylene bags, bags for heavy duty, pallet covers, and stretch hoods. The Company operates through its local and international subsidiaries.

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GRS239003007 Greece

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Toby Thorrington

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Thrace Plastics - Maintaining a steady course

Thrace Plastics Holding And Commercial Societe: 1 director

Thrace Plastics | Resilient in a precarious backdrop

Thrace Group - Resilient business model in a challenging market

Information Services Corporation - Strong underlying growth, guidance reiterated

PVA TePla - Material matters

Zalaris - Continuing contract momentum in FY24

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