Fourlis Holdings S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 24, 2020 at 08:57 pm IST
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Fourlis Holdings S.A. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was EUR 119.8 million compared to EUR 132.1 million a year ago. Net income was EUR 4.2 million compared to EUR 7.1 million a year ago. For the nine months, sales was EUR 279.3 million compared to EUR 339.4 million a year ago. Net loss was EUR 3.1 million compared to net income of EUR 6 million a year ago.
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. 
