Fourlis stock reports H1 sales growth as EBIT turns negative

Published on 10/08/2026 at 09:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fourlis stock reflects H1 revenue of EUR 284.0 million, up 7.6 percent, while EBIT was negative EUR 1.6 million. Consensus targets average EUR 5.58.

Fourlis, GRS096003009, Illustration mit AI erstellt.

Fourlis stock (ISIN GRS096003009) was trading at EUR 3.85 on Euronext Athens on October 8, 2026 at 10:32 a.m. EEST, down 0.26 percent from EUR 3.86. The latest reported half-year figures show a clear split between commercial growth and operating profitability.

Sales rise while EBIT turns negative

According to CNN on September 9, 2026, Fourlis generated EUR 284.0 million in first-half 2026 sales, an increase of 7.6 percent from the year-earlier period. Gross profit increased 4.9 percent to EUR 132.6 million, while the gross margin stood at 46.7 percent.

The earnings conversion was weaker. EBITDA fell to EUR 27.7 million from EUR 30.8 million, and EBIT moved to a loss of EUR 1.6 million from a profit of EUR 6.0 million in the first half of 2025, according to CNN.

Transformation is the earnings test

Fourlis attributed the pressure to inflationary operating costs, network expansion, Foot Locker rollout expenses and difficult trading conditions in Romania. The company also reported EUR 1.6 million of nonrecurring costs in the first half of 2026, with total nonrecurring transformation costs for the year estimated at EUR 10.7 million, according to CNN.

The business mix gives the group an operational counterweight. Sporting goods revenue from INTERSPORT and Foot Locker rose 14.2 percent to EUR 109.5 million in the first half, compared with 3.7 percent growth in home furnishings revenue to EUR 172.9 million, according to Edison Group on September 10, 2026.

Consensus leaves room for debate

Investing.com reported on September 11, 2026, that four analysts carried a Strong Buy consensus for Fourlis. The average 12-month price target was EUR 5.58, with a high of EUR 5.80 and a low of EUR 5.30. The average target lies 44.94 percent above the EUR 3.85 reference price.

That valuation view depends on execution rather than sales alone. Edison Group said on September 10, 2026 that management reiterated 2026 guidance for EUR 645 million in revenue, a 46.5 percent gross margin and EUR 15-17 million in operating profit. Romania remains a counter-factor, while transformation benefits are expected to become more visible from 2027.

Fourlis stock stays near its yearly low

Fourlis stock was trading at EUR 3.85 on Euronext Athens on October 8, 2026 at 10:32 a.m. EEST, within its EUR 3.83 to EUR 4.98 52-week range. Market capitalization was EUR 199.6 million and volume was 1,084 shares at that timestamp.