Thrace Plastics adds FreezeCup partnership. Thrace Plastics stock is valued at EUR 199.9 million

Published on 10/15/2026 at 12:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

iCup partnership brings FreezeCup to Athens Coffee Festival 2026. Thrace Plastics stock costs EUR 4.66 on October 15, 2026 and has a EUR 199.9 million market value.

Operational expansion and stronger earnings

On October 14, 2026, Thrace Plastics announced a FreezeCup partnership with iCup.
First-half 2026 revenue reached EUR 226.64 million and net income EUR 18.54 million.
Thrace Plastics stock was trading at EUR 4.66 at 12:30 p.m. CEST at Lang & Schwarz on October 15, 2026.

Thrace Plastics, GRS239003007, Illustration mit AI erstellt.

Thrace Plastics stock (ISIN GRS239003007) was trading at EUR 4.66 at Lang & Schwarz on October 15, 2026 at 12:30 p.m. CEST. The latest company development is a partnership with iCup to produce FreezeCup, a reusable cup presented at the Athens Coffee Festival 2026, as Euro2day reported on October 14, 2026.

Three events shape the year

Thrace Plastics expanded its international footprint on March 30, 2026, when it acquired BHA Holdings for AUD 23.25 million, according to MarketScreener. On September 22, 2026, the company reported first-half revenue of EUR 226.64 million, up from EUR 200.17 million, before the October 14 FreezeCup partnership added a new food-service application.

What supports the earnings picture?

The latest reported figures show stronger profitability as well as higher sales. In the second quarter of 2026, revenue reached EUR 126.33 million versus EUR 103.73 million a year earlier, while net income rose to EUR 13.49 million from EUR 7.41 million, MarketScreener reported on September 22, 2026.

For the first half of 2026, net income was EUR 18.54 million, compared with EUR 7.86 million in the prior-year period. The same report put basic earnings per share from continuing operations at EUR 0.4327, versus EUR 0.1833. A separate market overview listed first-half EBITDA at EUR 38.184 million and net debt at EUR 71.480 million as of June 30, 2026, while describing raw-material, transport and energy pressures during the period.

Price and valuation context

The stock's market value was EUR 199.9 million on October 15, 2026. Its 52-week range was EUR 3.55 to EUR 5.40, placing the latest Lang & Schwarz quote inside that band. The company makes technical fabrics and plastic packaging for industrial, construction and agricultural uses, with operations in Greece and international markets.

Thrace Plastics was trading at EUR 4.66 at Lang & Schwarz on October 15, 2026 at 12:30 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Thrace Plastics stock.