Fourlis Holdings S.A. Reports Earnings Results for the Half Year Ended June 30, 2020
September 01, 2020 at 05:00 am EDT
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Fourlis Holdings S.A. Announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was EUR 159.516 million compared to EUR 207.279 million a year ago. Operating income was EUR 884,000 compared to EUR 7.301 million a year ago. Net loss was EUR 7.248 million compared to EUR 1.090 million a year ago. Basic loss per share was EUR 0.1394 compared to EUR 0.021 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.