Sales at Fourlis Group rose 7.6% in the first half of 2026, reaching €284 million. The positive performance was driven by an increase in like-for-like sales and the expansion of its store network. Gross profit also increased by 4.9% to €132.6 million, with the gross profit margin standing at 46.7%.
The performance reflects an improved product mix, strong momentum across individual categories, targeted inventory management and promotional activity. In terms of profitability, EBITDA fell to €27.7 million, from €30.8 million in the corresponding period last year.
Strong seasonality and inflationary pressures
The decline in profitability was attributed to strong seasonality, inflationary pressures on operating costs and the challenging business environment in Romania. In addition, planned start-up costs for new strategic growth investments, as well as non-recurring costs related to the rationalisation of the network, weighed on performance.
The contribution from associates amounted to €12.8 million, supported by Trade Estates and SSRM. In July 2026, the group paid a dividend of €0.15 per share for the 2025 financial year.
Also in July 2026, the company began implementing its share buyback programme, which provides for the acquisition of up to 2,556,774 of the company’s own shares, equivalent to 5% of its share capital.
The group’s operating profitability in the first half was affected by seasonality, inflationary pressures on operating costs, the challenging…
