Thrace Plastic: Sales increase in the first quarter 2025

The group’s turnover arrived at € 96.4 million Thrace plastics In the first quarter of 2025 versus EUR 88.3 million in the corresponding quarter of 2024, recording an increase of 9.2%.

According to a statement, the strengthening of the sales of the Plastic Thrace Group is due both to the increased sales volumes (the sold tumors in the first quarter of 2025 increased 5%) and the relative increase in average sales prices.

Regarding operating profitability, in the first quarter of 2025, customized pre -tax, interest and depreciation profits (EBITDA) amounted to EUR 9.4 million, down 23.7% compared to the first quarter of 2024, where EBITDA was EUR 12.3 million. The decrease in operating profitability, compared to the previous year, was essentially expected, given (a) of the ongoing low demand, in particular in the construction sectors and in the agricultural sector and (b) the increase in the cost of the cost and in particular the increase in energy costs, as the cost of energy was increased.

As for the group’s liquidity levels and the subsidiaries’ trading cycle, the Group’s net lending amounted to EUR 48.1 million, showing an increase, compared to the end of 2024 (net lending of 2024: EUR 34.4 million), due to the first -year -olds, which has the result of the first -time, of each use. However, the low level of net lending demonstrates the strong financial position of the group, the quality of its customer portfolio and its ability to invest, keeping its net lending low.

Regarding the management forecasts, it is estimated that in the first half of 2025, the Group’s EBITDA, in absolute numbers, will range to respectively or slightly reduced levels, compared to the first half of the previous year.

For the annual profitability of 2025, despite the strong uncertainty about the course of the world economy and in particular Europe and the impact of the possible imposition of US duties worldwide, as well as the impact of the recent crisis between Israel and Iran, the Group’s management has made the Group Management. may rise or exceed 2023 operating profitability levels (EBITDA 2023: ~ 44 million euros).

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