Fourlis Group, during 2018, realized sales of € 448,5 million 3,3% higher vs last year (€ 434,1 mio).
FY18 EBITDA was € 44,3 million vs € 41,8 million in FY17, an increase of 5,8%.
Consolidated Profits Before Taxes were € 18,5 million vs profits of € 14,5 million in FY17, an increase of 27,1%.
The Group realized Net Profits of € 14,3 million compared to Net Profits of € 10,0 million in FY17, an increase of 42,4%.
Sales
EBITDA
PBT
FY18
FY17
Index
FY18
FY17
Index
FY18
FY17
Index
Retail Home Furnishings
(ΙΚΕΑ)
296,70
291,31
102
32,13
30,98
104
15,78
13,77
115
Retail Sporting Goods
151,79
142,73
106
13,53
11,87
114
3,91
1,86
210
(INTERSPORT)
Holding Company & Consolidation Differences
0,001
0,012
8
-1,40
-1,01
138
-1,22
-1,10
111
GROUP
448,49
434,06
103
44,27
41,84
106
18,47
14,53
127
Amounts in million EUR
Retail Home Furnishing and Accessories activity (IKEA) realized sales of € 296,7 million in FY18, increased by 1,8% vs FY17 (€ 291,3 million). FY18 sales in Greece increased by 0,6% y-o-y, while in the other countries increased by 4,1% y-o-y. EBITDA was € 32,1 million in FY18 versus € 31 million in FY17. Profits Before Taxes in FY18 were € 15,8 million vs Profits of € 13,8 million in FY17.
7 IKEA stores operate today (5 in Greece, one in Nicosia, Cyprus and one in Sofia, Bulgaria) and 8 Pick-up Points. 5 of them in Greece (Rhodes Island, Patras, Chania, Heraklion and Komotini) and three in Bulgaria (Varna, Burgas and Plovdiv). Finally, IKEA e-commerce in the three countries Greece, Bulgaria and Cyprus, continue to realize high growth rates.
Retail Sporting Goods activity (INTERSPORT & THE ATHLETE'S FOOT), realized sales € 151,8 million in FY18, 6,3% higher versus FY17 (€ 142,7 million). In Greece sales increased by 9,5%. In the other countries sales increased by 2,7% average, while all the countries Romania, Cyprus, Bulgaria and Turkey realized high growth rates in local currency. FY18 EBITDA was € 13,5 million, increased by 14,1% million vs FY17 (€ 11,9 million). Profits before taxes increased into € 3,9 million vs € 1,9 million in 2017.
FOURLIS Group currently operates a network of 132 stores of Intersport and The Athlete's Foot (TAF). Today the store network consists of 50 Intersport stores in Greece, 31 in Romania, 24 in Turkey, 8 in Bulgaria and 5 in Cyprus. Respectively, there are 12 The Athlete's Foot stores in Greece and 2 in Turkey. The electronic sales (e-commerce) in Greece realized high growth rates. Within 2019, e-commerce will be fully operational in all the countries that the Group has activity.
Fourlis SA published this content on 19 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 March 2019 15:49:05 UTC
Fourlis SA is a Greece-based investment holding company. Along with its subsidiaries, the Company is active in two operating segments: Retail Trading of Home Furniture and Household Goods, through the franchise of IKEA stores in Greece, Cyprus and Bulgaria; Retail Trading of Sporting Goods, through the franchise of INTERSPORT stores in Greece, Cyprus, Bulgaria, Turkey and Romania and THE ATHLETEâS FOOT stores in Greece and Turkey. The Companyâs direct subsidiaries include HOUSEMARKET SA, HM HOUSEMARKET CYPRUS LIMITED, HOUSE MARKET BULGARIA EAD, TRADE LOGISTICS SA, Intersport Athletics SA, Intersport Athletics Cyprus Limited, Genco Trade SRL (Romania), Genco Bulgaria EOOD and Intersport Atletik in Turkey.
FOURLIS HOLDINGS S.A. 
