The Greek Deal.com
THRACE GROUP
Sales and EBITDA increase by 3.1% and 5.4% respectively in the first quarter
Thrace Plastics announced on Monday that sales reached €88.3 million, recording a 3.1% increase in volumes sold. At the same time, EBITDA stood at €12.3m, up 5.4% compared to Q1 2023.
EBITDA: €37 million in 9M
Therefore in comparable terms, EBITDA for the 9months period of 2023 decreased by 0.7% due to the lower demand.
New Investment Plan of a total amount of € 10 mil. in Packaging Business in Greece
The new investment program is oriented towards the Sustainable Development, focusing on the further increase of the production capacity