Fourlis stock outlines 2029 plan with EUR 800 million sales target

Published on 10/30/2026 at 00:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fourlis stock is entering a new phase after its first Investor Day. Management reiterated 2026 guidance and outlined a unified retail platform.

Fourlis strategy enters a new phase

Management presented a unified retail platform combining shared technology, supply-chain and support functions.
The company described 2026 as a transition year and expects transformation investments to support growth from 2027.
Capital allocation plans include disciplined expansion, balance-sheet improvement and shareholder returns through dividends and buybacks.

Fourlis, GRS096003009, Illustration mit AI erstellt.

Fourlis presented its first Investor Day on October 20, 2026, outlining a transformation strategy built around a unified retail platform and stronger operating discipline. In its official announcement, the company said the event covered its strategy, financial framework and medium-term plan.

Transformation and operating model

Fourlis said it is moving toward a common platform based on shared technology, supply-chain infrastructure and support functions across its brands and markets. The plan includes the evolution of IKEA store formats, selective INTERSPORT expansion and the regional growth of Foot Locker.

The company described 2026 as a transition year. It expects the investments made during the transformation to support higher productivity and cash generation from 2027, while the completed Inter IKEA distribution centre in Aspropyrgos is intended to improve service across five markets.

Guidance and medium-term targets

Fourlis reiterated 2026 sales guidance of EUR 645 million and EBIT guidance of EUR 15 million to EUR 17 million after EUR 10.7 million of one-off transformation costs. Excluding those costs, the company stated that EBIT would be EUR 26 million to EUR 27 million. It also expects net debt of EUR 65 million to EUR 70 million.

For 2029, the plan calls for sales of EUR 785 million to EUR 800 million and EBIT of EUR 40 million to EUR 45 million, with an EBIT margin of 5.1% to 5.6%. Fourlis said growth should come from existing operations and targeted network expansion. The company also expects cumulative free cash flow of EUR 75 million to EUR 90 million over 2026-2029, including proceeds from the sale of Sofia South Ring Mall.

Quote and investor context

Lang & Schwarz showed Fourlis at EUR 3.91 on October 29, 2026, at 22:59:56 Berlin time. No Xetra comparison is included because a dated Xetra basis was not verified for this report. Investors will therefore need to assess the plan primarily against its execution requirements, including store returns, productivity gains and the reduction of leverage.

Fourlis said every new store should deliver a return of more than 10% on invested capital and every digital investment more than 15%. Its capital allocation framework also includes dividends and share buybacks when capital is not required for growth.

Fourlis is a Greek company, so its shares are viewed within the broader Euro Stoxx 50 market environment.

For more company developments, see More news and analyses on Fourlis stock.