FOURLIS Earnings Estimates Update, February 27, 2019
Fourlis SA is a Greece-based investment holding company. Along with its subsidiaries, the Company is active in four operating segments: Retail Trading of Home Furniture and Household Goods, through the franchise of IKEA stores in Greece, Cyprus and Bulgaria; Retail Trading of Sporting Goods, through the franchise of INTERSPORT stores in Greece, Cyprus, Bulgaria, Turkey and Romania; The Company’s direct subsidiaries include HouseMarket SA and Intersport Athletics SA.
Co. is engaged in the manufacture, import and distribution of electrical household appliances and the manufacture of FOURLIS kitchen hoods. In addition, through a subsidiary, Co. is engaged in the operation of a retail chain.
Founded in 2002, VRS (VALUATION & RESEARCH SPECIALISTS) - VRS INTERNATIONAL S.A. is an independent Financial Research & Consulting Firm with offices in Luxembourg, Toronto and Athens, and with senior presence in the broader European and North American markets, providing advanced equity research and valuation reports as well as value-related advisory services and credit rating services to local and international institutions, business entities and individual clients.
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VRS has worked with over 200 companies in Europe and North America in financing, private placements, initial public offerings, business acquisitions and mergers.
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