Crete Plastics SA

Crete Plastics SA

AATHEX:PLAKR
15.10
EUR
-0.20
(-1.31%)
162.22MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.32
8.61
9.51
10.4
10.34
10.24
10.55
11.13
13.69
15.19
13.53
14.06
14.34
- -
Basic EPS, GAAP
0.47
0.52
0.61
0.99
0.89
0.96
1.29
1.69
1.94
1.39
1.47
1.52
1.31
- -
Free Cash Flow per Basic Share
-0.07
0.04
0.27
1.04
0.53
0.73
1.22
0.96
-0.2
1.42
1.19
0.91
1.37
- -
Dividend per Share
0.01
0.11
0.03
0.15
0.12
0.17
0.35
0.45
0.05
0.01
0.46
0.52
0.57
0.02
Book Value per Share
5.31
5.82
6.58
7.28
7.84
8.58
9.57
10.85
12.36
13.6
14.44
15.82
16.51
7.01
Tangible Book Value per Share
5.28
5.78
6.53
7.24
7.81
8.44
9.44
10.74
12.25
13.47
14.32
15.71
16.43
6.96
Basic Weighted Avg Shares
27
27
27
26
27
27
27
27
27
27
27
27
27
27
Sales/Revenue/Turnover
228
236
257
275
283
280
289
305
375
416
372
385
393
- -
Operating Margin (%)
9.26
10.47
12.19
13.87
14.61
14.14
16.13
19.94
17.56
14.52
14.38
14.78
13.46
- -
Depreciation Expense
7
7
7
7
8
8
9
10
9
9
9
10
11
- -
Net Income, GAAP
13
14
16
26
24
26
35
46
53
38
40
42
36
- -
Effective Tax Rate (%)
29.09
29.22
30.25
26.67
29.1
25.51
20.44
16.94
18.52
22.57
20.4
22.57
28.42
- -
Profit Margin (%)
5.65
6.08
6.41
9.56
8.59
9.42
12.22
15.18
14.19
9.15
10.86
10.8
9.12
- -
Working Capital
80
88
113
129
137
150
168
193
216
239
262
295
306
124
LT Debt
2
2
9
8
2
1
8
8
5
7
6
6
4
9
Total Equity
151
167
191
211
227
250
279
315
357
392
415
455
474
202
Return on Invested Capital (%)
9.11
9.73
10.78
12.14
12.19
11.72
13.28
16.17
15.38
12.12
10.28
9.88
7.99
- -
Return on Capital (%)
7.71
7.72
7.34
10.6
9.38
9.54
11.64
13.93
14.79
9.57
9.39
9.09
7.03
- -
Return on Common Equity (%)
9.11
9.42
9.71
13.83
11.75
11.75
14.2
16.56
16.74
10.72
10.52
10.04
8.09
- -

Capital Structure

EUR

•

in mil. unless spec.
Sep'15
Dec'15
Jun'16
ST Debt
16
19
19
LT Borrowings
10
9
8
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
27
27
Market Capitalization
159
163
162

Working Capital

EUR

•

in mil. unless spec.
Sep'15
Dec'15
Jun'16
Total Current Assets
152
157
173
Cash, Cash Equivalents & STI
31
35
40
Accounts Receivable, Net
67
64
68
Inventories
45
51
61
Total Current Liabilities
44
45
49
Payables & Accruals
- -
- -
- -
ST Debt
16
19
19
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.56%
8.53%
4.08%
Free Cash Flow
-60.8%
-182.78%
49.62%
Net Income, GAAP
10.69%
-3.66%
-13.92%
Sales/Revenue/Turnover
4.64%
5.8%
1.98%
Total Cash Common Dividend
445.4%
794.47%
8.57%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
372
2024
- -
- -
385
2025
- -
- -
393

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1.47
2024
- -
- -
1.52
2025
- -
- -
1.31

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.46
2024
- -
- -
0.52
2025
- -
- -
0.57

Company Description

CEO
Michail I. Lempidakis
Full Time Employees
1,274
Sector
Process industries
Industry
Chemicals: major diversified
Address
P Street Iraklion GM Greece 71601
IPO Date
May 13, 1999
Business
Plastika Kritis S.A. (PLAKR.AT) manufactures specialized plastic products for agriculture, industry, water management, and environmental applications; its core offerings include KRITILEN masterbatches as color and additive concentrates for the plastics sector, KRITIFIL agricultural films encompassing greenhouse coverings, mulching, and silage solutions, KRITIFLEX geomembranes for reservoirs, landfills, and environmental protection, KRITISOL polyethylene pipes for irrigation, water supply, and telecommunications networks, KRITISAN recycled plastics as raw materials, and KRITIRES renewable energy through a 12 MW wind park and 2.34 MW photovoltaic stations in Greece. Founded in 1970 and headquartered in the Industrial Zone of Heraklion, Crete, Greece, the company lists on the Athens Stock Exchange since 1999 and operates 10 production plants across seven countries including subsidiaries such as Romcolor 2000 SA (99.99%) in Romania, Global Colors Polska S.A. (100%) in Poland, Agripolyane S.A.S.U. (100%) in France, Senkroma A.S. (100%) in Turkey, Global Colors LLC (100%) in Russia, Shanghai Hitec Plastics Co. (75%) and Anhui Hitec Plastics Co. (100%) in China; it exports to over 90 countries worldwide, serving horticultural, agricultural, plastics processing, construction, telecommunications, and waste management markets with a focus on sustainability via circular economy practices, vertically integrated production, and Global Colors branded masterbatches network. Recent developments feature the 2022 launch of a second production plant in China's Anhui province by subsidiary Anhui Hitec Plastics for agricultural films and masterbatches to meet rising demand, ongoing expansion of masterbatch capacity at group facilities, a 2025 lineup of innovative greenhouse films including Suncooler for hot-climate cooling, Polydispersive for ultra-high light diffusion over 90% transmission, EVO AC AR anti-reflective films, and CHAMELEON adaptive diffusion films tailored to light and humidity conditions, founding membership in the THALES Energy Community in Heraklion for renewable energy distribution to employees and vulnerable groups generating 3,129 MWh in 2023 exceeding consumption needs, and sustained investments in R&D, recycling with 1,747 tons processed in 2023, and ESG initiatives like double materiality assessment and supplier ESG criteria by 2029 amid 2024 financials reflecting EUR 372 million turnover, EUR 62.8 million EBITDA, and 57.6% renewable energy usage.