23 June 2018

Thrace Plastics' consolidated turnover up 7.9%

01 December 17 - RE+D Magazine
Thrace Plastics' consolidated turnover up 7.9%



Public entity - GREECE

Solum Property Solutions

Consultant - GREECE


Consultant - GREECE

IBI Group

Consultant - GREECE


Antulio Richetta

Director IBI Group
Thrace Plastics on Friday said its consolidated turnover grew 7.9 pct in the January-September period to 243.2 million euros, from 225.5 million in the same period last year.


Consolidated gross earnings totaled 52.3 million euros in the nine-month period, down 1.7 pct from 2016, consolidated EBIT fell 23.3 pct to 15 million euros, consolidated EBITDA fell 13.3 pct to 24.7 million euros, consolidated pre-tax earnings dropped 31.4 pct to 11.7 million euros and consolidated pre-tax and minorities earnings dropped 37 pct to 8.5 million euros.

Thrace Plastics said its equity capital totaled 134.4 million euros at the end of September, net bank borrowing was 56.1 million euros, down from 60.4 million at the end of June.

The company said its investment programme for the 2017-2018 period will exceed 30 million euros.


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