Fourlis Group, during the nine months of 2018, realized sales of € 325,8 million, 3,8% higher vs same period last year last year (€ 313,7 mio).
9MFY18 EBITDA was € 28,5 million vs € 26,5 million in 9MFY17, an increase of 7,3 %.
Consolidated Profit Before Taxes were € 9,5 million vs Profit € 6,1 million in 9MFY17.
The Group realized Net Profit € 7,6 million compared to Net Profit of € 4,3 million in 9MFY17.
Sales
EBITDA
PBT
9MFY18
9MFY17
Index
9MFY18
9MFY17
Index
9MFY18
9MFY17
Index
Retail Home Furnishings
(ΙΚΕΑ)
213,07
207,91
102
20,25
19,36
105
8,80
6,42
137
Retail Sporting Goods
112,69
105,80
107
9,08
7,95
114
1,71
0,57
299
(INTERSPORT)
Holding Company & Consolidation Differences
0,003
0,002
117
-0,86
-0,77
-112
-0,98
-0,93
-106
GROUP
325,76
313,72
104
28,46
26,54
107
9,52
6,06
157
Amounts in million EUR
Retail Home Furnishing and Accessories activity (IKEA) realized sales of € 213,1 million in 9MFY18, increased by 2,5% vs 9MFY17 (€ 207,9 million). In Greece sales increased by 0,8%, while in the other countries increased by 5,7% versus 9MFY17. EBITDA was € 20,3 million in 9MFY18 versus € 19,4 million in 9MFY17. Profits before Taxes in 9MFY18 were € 8,8 million vs Profits € 6,4 million in 9MFY17.
7 IKEA stores operate today (5 in Greece, one in Nicosia, Cyprus and one in Sofia, Bulgaria) and 7 Pick-up Points. 5 of them in Greece (Rhodes Island, Patras, Chania, Heraklion and Komotini) and two in Bulgaria (Varna and Burgas). A new Pick-up Point will open soon in Plovdiv, Bulgaria. Finally, IKEA e-commerce in the three countries Greece, Bulgaria and Cyprus continue to realize high growth rates.
Retail Sporting Goods activity (INTERSPORT), realized sales € 112,7 million 6,5% higher versus 9MFY17 (€ 105,8 million). In Greece sales increased by 10,9%. In the other countries sales increased by 1,9% average, while all the countries Romania, Cyprus, Bulgaria and Turkey realized high growth rates in local currency. EBITDA was € 9,1 million in 9MFY18 versus € 7,9 million in 9MFY17 (increase 14,2%) Profits Before Taxes increased into € 1,7 million vs profits € 0,6 million in 9MFY17
FOURLIS Group currently operates a network of 128 stores of Intersport and "The Athlete's Foot" (TAF). Today the store network consists of 50 Intersport stores in Greece, 29 in Romania, 24 in Turkey, 7 in Bulgaria and 4 in Cyprus. Respectively, there are 12 "The Athlete's Foot" stores in Greece and 2 in Turkey. 4 more Intersport stores are expected to open until the end of the year. 2 in Romania 1 in Bulgaria and 1 in Cyprus. The electronic sales (e-commerce) in Greece realized high growth rates, while the execution of e-commerce in the other countries will start within the next months.
Fourlis SA published this content on 20 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 November 2018 15:20:04 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. 
