The financial figures of FOURLIS GROUP were improved during the fiscal year 2005 compared to the fiscal year 2004, with major highlights the increase in operating profits of the retail furniture and housing equipment sectors (IKEA) as well as in the sports goods retail sector (INTERSPORT).

More specifically, the turnover amounted to EUR 407.5 million, up by some 14.7% compared to 2004 (EUR 355.4 million), while the gross profit reached EUR 125.0 million (+19.3%) compared to 2004 (EUR 104.8 million). Thus, the consolidated EBITDA rose by some 37.6% in relation with 2004 reaching EUR 42.8 million (EUR 31.1 million in 2004).

Consequently, the consolidated operating profits before tax and minority interests amounted to EUR 28.5 million versus EUR 16.8 million in 2004. The operating profits of 2004 do not include capital gains derived from the sale of property and the sale of P.KOTSOVOLOS S.A. during the fiscal year 2004.

The net profits (after tax and minority interests) reached EUR 18.1 million against profits of EUR 31.4 million (capital gains included) in the fiscal year 2004.

Finally, earnings per share reached EUR 0.36, while in 2004 they amounted to EUR 0.62 (capital gains included).