Fourlis Group, during the nine months of 2017, realized sales of € 313,7 million 0,6% higher vs same period last year (€ 311,9 mio).
9MFY17 EBITDA was € 26,5 million vs € 25,6 million in 9MFY16 an increase of 3,8%.
Consolidated Profits Before Taxes were € 6,1 million vs profits € 2,5 million in 9MFY16.
The Group realized Net Profits € 4,3 million compared to Net Profits of € 1,3 million in 9MFY16.
Sales
EBITDA
PBT
9M FY17 9M FY16
Δ% 9M FY17 9M FY16
Δ% 9M FY17 9M FY16
Δ%
Retail Home Furnishings (ΙΚΕΑ)
207,91
208,99
-0,5%
Retail Sporting Goods (INTERSPORT)
105,80
102,71
3,0%
Discontinued Operations
0,00
0,24
-100,0%
19,36
18,67
3,7%
7,95
8,47
-6,2%
0,00
-0,90
100,0%
6,42
2,47
160,1%
0,57
1,80
-68,3%
0,00
-0,91
100,0%
Holding Company & Consolidation Differences
0,00
-0,01
-116,0%
GROUP
313,72
311,93
0,6%
-0,77
-0,68
12,9%
26,54
25,56
3,8%
-0,93
-0,85
9,4%
6,06
2,51
141,3%
Amounts in million EUR
Retail Home Furnishing and Accessories activity (IKEA) realized sales of € 207.9 million in 9MFY17, 0.5% lower vs 9MFY16 year (€ 209.0 million). 9MFY17 sales in Greece decreased by 5.1% y-o-y , while in the other countries increased by 9.7% y-o-y. EBITDA was €19.4 million versus € 18.7 million in 9MFY16, while profits before taxes were € 6.4 million vs profits € 2.5 million in 9MFY16.
7 IKEA stores operate today (5 in Greece, one in Cyprus and one in Sofia, Bulgaria) and 7 Pick-up Points in total. 5 in Greece (Rhodes Island, Patras, Chania, Heraklion, Komotini) and 2 in Bulgaria (Varna and Burgas). Finally IKEA e-commerce is fully operational in the three countries Greece, Bulgaria and Cyprus.
Retail Sporting Goods activity (INTERSPORT), realized € 105.8 million sales 3.0% higher versus 9MFY16 (€ 102.7 million). The sales in Greece for the same period increased by 1.7% y-o-y , while in the other countries increased by 4.4% y-o-y. The EBITDA was €7.9 million compared to € 8.5 million in 9MFY16 and the profits before taxes were € 0.6 vs € 1.8 million for the same period last year. 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 two in Turkey.
November 21, 2017 Fourlis Holdings S.A.
I.R. Department
Fourlis SA published this content on 21 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 November 2017 15:28:04 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. 
