2026 investment plan estimated at 20-25 million euros

Thrace Group’s plan prioritises rigid packaging and targeted investments in technical textiles, according to the company’s presentation to analysts. The Group has already invested sufficiently across most of its business segments and, as highlighted, must now address rising demand, as well as emerging business opportunities.

More specifically, the 2026 investment programme amounts to approximately 20–25 million euros and includes further capacity expansion in rigid packaging through new injection moulding machines in Greece and Bulgaria, as well as new moulds to support penetration into new markets. It also covers a new Geonet line with lamination capabilities at Greek facilities, new mechanical equipment to enhance the processing efficiency of technical textiles (including a new conversion line for roofing applications and a new winding machine for non-woven fabrics). In addition, the programme foresees upgrades to production lines, further investments in automation and robotics across manufacturing processes, as well as safety investments across all Group facilities.

In the first quarter of 2026, the company completed the acquisition of “BHA Holdings Pty Ltd”, which, through its subsidiaries in Australia and New Zealand, has been active for more than 40 years in the packaging sector in local markets. The acquisition forms part of the Group’s broader strategic plan to expand internationally in the flexible intermediate bulk container (FIBC) segment and strengthen its presence in Oceania. For the financial year ending 30 June 2025, BHA Holdings Pty Ltd reported revenue of AUD 37.6 million (approximately 22.8 million euros), EBITDA of AUD 4.1 million (approximately 2.5 million euros), and profit before tax of AUD 3.3 million (approximately 2.0 million euros). Thrace Group continues to explore acquisition opportunities in line with its geographic expansion strategy.

2026 outlook

Regarding the current financial year, management expressed confidence that the listed company is well positioned to achieve higher comparable operating profitability in 2026 versus 2025. Even in the event of further disruptions in international markets, management remains optimistic about the Group’s long-term growth trajectory and has already taken the necessary measures to ensure both the availability of raw materials and finished products for its customers, as well as effective adaptation to challenging market conditions.

As noted, no reliable forecast can be provided for annual profitability, given the uncertainty stemming from ongoing geopolitical instability in the Middle East and its unpredictable impact. Markets currently remain cautious and highly concerned about the situation. The availability of petrochemical raw materials remains the primary concern; however, the company is in a strong position, having secured sufficient raw material volumes for the coming months. Pricing, nevertheless, remains challenging.

Even in the event of further market disruptions, the Group remains confident in its long-term growth prospects.

Sustainable Development

In the area of sustainability,  is developing four strategic pillars with an implementation horizon covering the 2026–2030 period.

Under the pillar of “Environmental Responsibility and Regulatory Alignment”, the Group aims to reduce Scope 1, 2, and 3 emissions, improve energy efficiency, increase the use of renewable energy, gradually replace virgin raw materials with recycled or alternative inputs, and integrate circular design principles into its product portfolio.