Promising is September for Fourlis groupas the head of the company, Vassilis Fourlis, pointed out yesterday (10.9.2025) in a Conference Call, noting that “the third quarter of 2025 starts with strong performance” and even better results in the fourth quarter are expected.
The administration has been extensively referred to in the course of the new FootLocker stores, noting that they aim at the end of the year that their number has reached 17. Although the original goal of the 20 stores will not be achieved, the network is already giving it dynamically, with the EBIT margin approaching this. “FootLocker is very promising and we are gaining market share,” the head of the Fourlis group said.
For Intersport, the image is also positive, with sales increased by 13% in the second quarter of 2025 and 17% in the first two months of the third quarter. Overall, the chain continues to earn market shares, surpassing the industry, which is showing single -digit rhythms.
It is noted that IKEA records a constant improvement on a quarterly basis. In the first half of 2025, sales rose by 3.9%, while in the second quarter the rise was +8%. In the first two months of the third quarter the increase was further enhanced, with +9% total sales and +15% increase in existing stores. The administration estimated that the upward trend would continue, pointing to the importance of September.
In terms of investment, IKEA is developing a new generation stores, which will have a smaller scale of around 2,500 sq.m. As he pointed out, “this is a process that has been underway for a long time. You understand that such projects take time to complete. There are several cities in Greece that we are considering if they can host this idea. For example, Kalamata is a location that could accommodate a new generation of IKEA. “
Concerning the project in Elliniko, he stressed that “2026 is the decisive year, as constructions are expected to begin then”, with preparatory work already in progress. “The work is already being” running “, mainly in terms of space and preparation for the basis of the project,” commented Mr Fourlis.
There was also a reference to Romania, where, as he admitted, “the whole market is under pressure, not only because of VAT, but also because of the cost of funding and political developments.” However, he emphasized that the group has room to transform and succeed, saying: “First of all, we continue to take steps and grow. We recognize market problems: the environment is quite difficult and demand is limited. But we have enough room to gain a share and to ensure the results we have set as goals from this area. “
At the results level, the first half of 2025 ended with significant improvement. Sales stood at € 264 million, up 7.7% compared to the first half of 2024, with the rate accelerating to +13% in the second quarter. In the field of home equipment and furniture the rise was 3.9%, while a new design & order center was inaugurated in Bulgaria in Pernik. Net profit after tax amounted to € 1.9 million, against losses of € 0.8 million last year, while net lending was reduced to € 87.6 million from € 95.2 million. Total investments amounted to € 12.9 million, with an emphasis on expanding the IKEA, Intersport and FootLocker (EUR 7.5 million).
“Overall the performance is strong and the end of the year will be even stronger,” the administration concluded, expressing certainty that the group will achieve its goals for 2025.