The Greek Fourlis Group reports a sales increase of 11.4 percent to €91.3 million in the first nine months of this year for its sporting goods retail operations, consisting essentially of its Intersport stores. Earnings before amortization (Ebitda) improved by 47.7 percent to €6.6 million, leading to a pre-tax profit of €1.8 million versus a loss of €2.5 million in the same period last year. As of last Sept. 30, Fourlis was operating 44 Intersport stores in Greece, 25 in Romania, five in Bulgaria, four in Cyprus and 20 in Turkey. Adding other operations including its Ikea stores, whose results turned positive in the third quarter, Fourlis booked a net loss of €10.2 million for the period - or €5.4 million excluding the discontinuation of wholesale activities - on sales of €295.6 million.

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