공시 • Apr 21
Thrace Plastics Holding Company S.A., Annual General Meeting, May 19, 2026 Thrace Plastics Holding Company S.A., Annual General Meeting, May 19, 2026. 공시 • Nov 19
Thrace Plastics Holding Company S.A. to Report Nine Months, 2025 Results on Nov 20, 2025 Thrace Plastics Holding Company S.A. announced that they will report nine months, 2025 results on Nov 20, 2025 공시 • Sep 17
Thrace Plastics Holding Company S.A. to Report First Half, 2025 Results on Sep 19, 2025 Thrace Plastics Holding Company S.A. announced that they will report first half, 2025 results on Sep 19, 2025 공시 • Jun 17
Thrace Plastics Holding Company S.A. to Report Q1, 2025 Results on Jun 18, 2025 Thrace Plastics Holding Company S.A. announced that they will report Q1, 2025 results Pre-Market on Jun 18, 2025 공시 • May 08
Thrace Plastics Holding Company S.A., Annual General Meeting, May 28, 2025 Thrace Plastics Holding Company S.A., Annual General Meeting, May 28, 2025, at 14:00 GTB Standard Time. Location: without the physical presence, of shareholders at the venue., Greece 공시 • Nov 22
Thrace Plastics Holding Company S.A. to Report Nine Months, 2024 Results on Nov 25, 2024 Thrace Plastics Holding Company S.A. announced that they will report nine months, 2024 results on Nov 25, 2024 Reported Earnings • Sep 19
Second quarter 2024 earnings released: EPS: €0.094 (vs €0.12 in 2Q 2023) Second quarter 2024 results: EPS: €0.094 (down from €0.12 in 2Q 2023). Revenue: €98.1m (up 13% from 2Q 2023). Net income: €4.47m (down 11% from 2Q 2023). Profit margin: 4.6% (down from 5.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. 공시 • Sep 17
Thrace Plastics Holding Company S.A. to Report First Half, 2024 Results on Sep 18, 2024 Thrace Plastics Holding Company S.A. announced that they will report first half, 2024 results on Sep 18, 2024 Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: €0.074 (vs €0.088 in 1Q 2023) First quarter 2024 results: EPS: €0.074 (down from €0.088 in 1Q 2023). Revenue: €88.3m (down 5.0% from 1Q 2023). Net income: €3.18m (down 16% from 1Q 2023). Profit margin: 3.6% (down from 4.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. 공시 • Jun 02
Thrace Plastics Holding Company S.A. to Report Q1, 2024 Results on Jun 03, 2024 Thrace Plastics Holding Company S.A. announced that they will report Q1, 2024 results at 1:00 PM, GTB Standard Time on Jun 03, 2024 Upcoming Dividend • May 27
Upcoming dividend of €0.17 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 57% and the cash payout ratio is 87%. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (5.2%). Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: €0.41 (vs €0.60 in FY 2022) Full year 2023 results: EPS: €0.41 (down from €0.60 in FY 2022). Revenue: €345.4m (down 12% from FY 2022). Net income: €17.8m (down 31% from FY 2022). Profit margin: 5.1% (down from 6.5% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Germany. 공시 • Apr 20
Thrace Plastics Holding Company S.A. to Report Fiscal Year 2023 Results on Apr 23, 2024 Thrace Plastics Holding Company S.A. announced that they will report fiscal year 2023 results on Apr 23, 2024 Upcoming Dividend • Nov 24
Upcoming dividend of €0.069 per share at 6.1% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 06 December 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 6.1%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (6.0%). 공시 • Nov 18
Thrace Plastics Holding Company S.A. to Report Nine Months, 2023 Results on Nov 20, 2023 Thrace Plastics Holding Company S.A. announced that they will report nine months, 2023 results on Nov 20, 2023 Buying Opportunity • Nov 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €5.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings is also forecast to grow by 13% per annum over the same time period. Reported Earnings • Sep 24
Second quarter 2023 earnings released: EPS: €0.12 (vs €0.17 in 2Q 2022) Second quarter 2023 results: EPS: €0.12 (down from €0.17 in 2Q 2022). Revenue: €87.1m (down 18% from 2Q 2022). Net income: €5.00m (down 31% from 2Q 2022). Profit margin: 5.7% (down from 6.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Chemicals industry in Germany. 공시 • Sep 16
Thrace Plastics Holding Company S.A. to Report First Half, 2023 Results on Sep 19, 2023 Thrace Plastics Holding Company S.A. announced that they will report first half, 2023 results on Sep 19, 2023 Buying Opportunity • Jul 20
Now 21% undervalued Over the last 90 days, the stock is up 23%. The fair value is estimated to be €6.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 4.5%. Revenue is forecast to grow by 7.0% in 2 years. Earnings is forecast to decline by 3.0% in the next 2 years. 공시 • Jun 27
Thrace Plastics Holding Company S.A. (ATSE:PLAT) commences an Equity Buyback for 4,341,876 shares, under the authorization approved on May 24, 2023. Thrace Plastics Holding and Commercial S.A. (ATSE:PLAT) commences share repurchases on June 26, 2023, under the program mandated by the shareholders in the Annual General Meeting held on May 24, 2023. As per the mandate, the company is authorized to repurchase up to 4,341,876 shares (with the total treasury shares already owned by the company, from a previous share buyback program, included and aggregated in relation to the above limit). The shares will be repurchased within a price range of €0.5 per share and €10 per share. The authority will expire after 24 months from the date of this decision until May 24, 2025. As of May 24, 2023, the company had 751,396 shares in treasury. New Risk • Jun 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (162% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (5.5% net profit margin). Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €5.24, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Chemicals industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €6.27 per share. Reported Earnings • May 30
First quarter 2023 earnings released: EPS: €0.088 (vs €0.20 in 1Q 2022) First quarter 2023 results: EPS: €0.088 (down from €0.20 in 1Q 2022). Revenue: €93.0m (down 13% from 1Q 2022). Net income: €3.79m (down 56% from 1Q 2022). Profit margin: 4.1% (down from 8.2% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Chemicals industry in Germany. 공시 • May 25
Thrace Plastics Holding Company S.A. to Report Q1, 2023 Results on May 30, 2023 Thrace Plastics Holding Company S.A. announced that they will report Q1, 2023 results at 1:00 PM, GTB Standard Time on May 30, 2023 Upcoming Dividend • May 24
Upcoming dividend of €0.19 per share at 6.2% yield Eligible shareholders must have bought the stock before 31 May 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (5.6%). Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: €0.60 (vs €1.51 in FY 2021) Full year 2022 results: EPS: €0.60 (down from €1.51 in FY 2021). Revenue: €394.4m (down 7.9% from FY 2021). Net income: €25.8m (down 61% from FY 2021). Profit margin: 6.5% (down from 15% in FY 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 1.7% growth forecast for the Chemicals industry in Germany. Upcoming Dividend • Jan 23
Upcoming dividend of €0.069 per share Eligible shareholders must have bought the stock before 30 January 2023. Payment date: 03 February 2023. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (5.1%). Reported Earnings • Dec 02
Third quarter 2022 earnings released: EPS: €0.24 (vs €0.38 in 3Q 2021) Third quarter 2022 results: EPS: €0.24 (down from €0.38 in 3Q 2021). Revenue: €103.4m (down 3.7% from 3Q 2021). Net income: €10.5m (down 36% from 3Q 2021). Profit margin: 10% (down from 15% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Board Change • Nov 17
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non Executive Member George Samothrakis was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Sep 17
Second quarter 2022 earnings released: EPS: €0.17 (vs €0.55 in 2Q 2021) Second quarter 2022 results: EPS: €0.17 (down from €0.55 in 2Q 2021). Revenue: €106.5m (down 13% from 2Q 2021). Net income: €7.22m (down 70% from 2Q 2021). Profit margin: 6.8% (down from 19% in 2Q 2021). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Chemicals industry in Germany. Board Change • Sep 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non Executive Director Athanasios Dimiou was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.