Fourlis Group targets €800 million in sales by 2029

Fourlis Group has unveiled a major strategic transformation plan during its first Investor Day, aiming to enhance operational efficiency, profitability, and shareholder value through 2029.

The group's new business plan targets annual sales between €785 million and €800 million by 2029, up from an estimated €645 million in 2026. This represents an average annual growth rate of 6.5% to 7.5%. Operating profits (EBIT) are projected to rise to €40–45 million by 2029, compared to €15–17 million in 2026. Additionally, EBITDA is expected to reach €108–113 million by 2029.

Growth will be driven by existing business activities and a significant retail network expansion. The number of stores is projected to increase from 166 in 2025 to 210 by the end of 2029, with the majority of this expansion occurring in the sporting goods sector. The strategy also focuses on improving the customer experience, reducing debt, and controlling operating costs.