Slide 1: Corporate Presentation H1 2026 Financial Results
Corporate Presentation Sep 2026 H1 2026 Financial Results
Slide 2: Disclaimer
Disclaime r This presentation has been prepared by Fourlis Group (the "Company") for informational purposes only. The information contained herein does not constitute an offer, solicitation, or recommendation to buy or sell any securities of the Company or any other entity. The information in this p
Slide 3: H1 '26 Key messages
H1 ‘26 Key messages Solid commercial momentum while Solid commercial momentum maintained in H1 2026, with Group sales up 7.6%, accelerating structural supported by market share gains and network expansion. actions to strengthen profitability and operating leverage Profitability reflected seasona
Slide 4: H1 '26 Group Financial performance
Η1 ‘26 Group Financial performance Sales Gross profit +7.6% margin at €284.0 at 46.7% mil. H1 Performance & Profitability EBIT €12.8 mil. at - €1.6 mil. Contribution from Associates 4
Slide 5: H1 2026 Profitability: Key pressure drivers
Η1 2026 Profitability: Key pressure drivers Strategic growth investments Foot Locker expansion and InterIKEA Distribution Centre start-up and ramp-up costs. Inflationary operating cost pressures Personnel (adjustments in 1st line), energy, warehousing & transportation and property-related costs.
Slide 6: 2026 one-off actions & Recurring benefits from 2027
2026 one-off actions & Recurring benefits from 2027 2026 one-off transformation 2027 annual and reorganization costs recurring benefits €10.7m €9.1m Annual H1 Performance & H1 2026 H2 2026 FY 2026 Recurring Execution status recognized estimated estimated up to date one-off costs one-off costs benefi
Slide 7: H1 '26 Operational performance per business unit
Η1 ‘26 Operational performance per business unit Sales EBI +14.2 T L-f-L +3.7% L-f-L % +1% +7% 8.3 166.7172.9 109.5 4.0 95.9 Business & Strategic 1.8 Home Furnishings Sporting Goods Home Furnishings Sporting Goods Execution Η1 '25 Η1 '26 Η1 '25 Η1 '26 1% -0.7 Commercial growth maintained 38% across
Slide 8: Execution on track
Looking Execution on track ahead Additional new- generation IKEA stores near small cities from 2026 Execution up to 2027 date Rhodes upgraded from a Pick-up & Order Point IKEA flagship Ellinikon to a new-generation IKEA store store (2029) Plovdiv and Limassol upgraded to new-generation store
Slide 9: Scaling Foot Locker while accelerating INTERSPORT network optimization
Scaling Foot Locker while accelerating INTERSPORT network optimization 1 new store opened in 2026 in Greece 7 new stores opened 2 stores closed in Romania as part of the network Ermou Street store relocated to a new “Reimagined” rationalization plan concept location Further network rationa
Slide 10: Strategic Actions Strengthening Focus & Financial Flexibility
Strategic Actions Strengthening Focus & Financial Flexibility Sofia South Ring Mall Sale of the Group’s indirect 50% participation for €49.35 mil. Majority of proceeds expected to support net debt reduction Estimated €9.3 mil. net gain, positively contributing to FY26 PBT Business & Strategi
Slide 11: Disciplined Capital Allocation & Strengthened Financial Flexibility
Disciplined Capital Allocation & Strengthened Financial Flexibility Discipline and prioritization in capex investments €0.15 dividend per share paid in July 2026 capex split H1 '26 Share Buyback Program for up to 5% of share capital Business & Strategic 19% 23% SSRM business disposal transacti
Slide 12: YTD 2026 Trading update
YTD 2026 Trading update (up to 05/Sep/2026) Commercial momentum remains Group sales +6% ytd L-F-L +3% positive, supported by market share Trading Update & Outlook Home Furnishings +2% ytd gains and continued network L-F-L +0% expansion Sporting Goods +12% ytd L-F-L 8% Disciplined execution
Slide 13: Fourlis Group 2026 Guidance
Fourlis Group 2026 Guidance Sale Gross EBIT s Profit Trading Update & Outlook €645 Margin €15-17 mil. mil. incl. one-off +8.6% +46.5 costs yoy % EBIT margin 2.3 – 2.6 % 2026 is a transition and investment year, that carries the cost of transformation and external cost pressures, which are expected t
Slide 14: Financial Calendar 2026
Financial Calendar 2026 20/10/2026 Investor Day: Medium-term strategy Trading Update & Outlook and financial framework 24/11/2026 Announcement of Key Financial Figures for the Nine-Month Period of 2026 14
Slide 15: QAs
QAs 15
Slide 16: Appendix
Appendi x 16
Slide 17: Group P&L H1 '26
Group (amounts in € mil.) H1 ‘25 % H1 ‘26 P&L H1 ’26 Revenues 264.0 7.6% 284.0 (Continuing Gross Profit 126.4 4.9% 132.6 activities) Gross Profit margin 47.9% 46.7% EBITDA* 30.8 -10.0% 27.7 EBITDA margin 11.7% 9.7% EBIT 6.0 -126.3% -1.6 EBIT margin 2.3% -0.6% Net Financial Income/(expenses) -11.3 -1
Slide 18: Net financial Income/(Expenses) and Depreciation Analysis
Net financial Depreciation Analysis Income/(Expenses) H1 H1 Group H1 ’25 Group H1 ’25 ’26 ’26 Interest & Bank expenses & other -3.9 -3.9 Depreciation (assets) 8.4 9.6 IFRS16 interest -7.5 -8.5 Depreciation of Right of Use 16.4 19.7 Total -11.3 -12.4 Assets (RoUA)- IFRS 16 18
Slide 19: EBITDA-adjusted bridge
EBITDA-adjusted bridge EBITDA-adjusted used to better reflect underlying operational performance. EBITDA-adjusted reinstates lease expenses in the calculation, providing a clearer representation of the Group’s underlying profitability and cost structure, independent of lease accounting treatment. Gr
Slide 20: Home Furnishings (IKEA stores) H1 '26
Home Furnishings (IKEA stores) H1 ‘26 H1 (amounts in € mil.) % H1 ‘26 ‘25 Revenues 166.7 3.7% 172.9 Gross Profit 79.6 1.5% 80.8 Gross Profit margin 47.7% 46.7% EBITDA* 20.6 -10.7% 18.4 EBITDA margin 12.4% 10.7% EBIT 8.3 -51.3% 4.0 EBIT margin 5.0% 2.3% EBITDA (adjusted)* 8.6 -35.5% 5.5 EBITDA (adjus
Slide 21: Sporting Goods (Intersport & Foot Locker stores) H1 '26
Sporting Goods (Intersport & Foot Locker stores) H1 ‘26 (amounts in € mil.) H1 ’25 % H1 ‘26 Revenue 95.9 14.2% 109.5 Gross Profit 46.1 10.9% 51.1 Gross Profit margin 48.1% 46.6% EBITDA* 13.5 -1.4% 13.4 EBITDA margin 14.1% 12.2% EBIT 1.8 -135.5% -0.7 EBIT margin 1.9% -0.6% EBITDA (adjusted) * 4.0 -46
Slide 22: Health & Wellness (Holland & Barrett stores) H1 '26
Health & Wellness (HOLLAND & BARRETT stores) H1 ‘26 H1 % H1 ‘26 (amounts in € mil.) ‘25 Revenue 1.5 16.3% 1.8 Gross Profit 0.8 9.6% 0.9 Gross Profit margin 51.3% 48.4% EBITDA* -0.8 13.8% -0.7 EBIT -1.2 -9.4% -1.3 EBITDA (adjusted) * -1.1 1.2% -1.1 *EBITDA = EBIT + depreciation of RoUA + depreciation
Slide 23: Balance Sheet H1 2026
Balance Sheet H1 2026 Balance sheet (€ mil.) FY '25 H1 ’26 Property, plant & equipment 91.7 94.5 Right of Use Assets 380.4 416.7 Other Non Current Assets 233.4 239.2 Non-current assets 705.4 750.3 Inventories 143.2 157.3 Receivables 20.8 26.2 Cash & Cash Equivalent 43.2 47.0 Current assets 207.2 230
Slide 24: Thank you
Thank you fourlis.com