Fais Group: The New Strategic Plan and Projections for 2025

The Fais Group is forecasting an 8% increase in revenues by 2025, reaching €215 million, according to analyst estimates, with a corresponding rise in EBITDA also anticipated. Specifically, the group’s sales exceeded €200 million in 2024, and EBITDA reached €40 million, as announced by the CEO, Hasdai Kapon, during a press conference on March 18, 2025. Over the past four years (2021-2024), Fais Group has invested over €30 million in new stores, renovations, and real estate projects, including the renovation of the historic Modiano Market. The group plans to add approximately 50 new stores in Greece and abroad by 2030. With 45 years of shareholder experience and a dynamic portfolio featuring over 100 international brands, Fais Group continues to invest strategically in high-growth sectors, enhancing its presence in key markets and expanding its network. The company operates more than 110 physical stores, 8 e-commerce platforms, and serves over 700 wholesale customers. Among the four sectors it operates in—apparel and footwear, cosmetics, real estate exploitation, and others—the cosmetics sector boasts a significantly higher profit margin at 67%, with a strong EBITDA margin near 25%. This sector will drive organic growth through network expansion in existing countries and potentially new ones. Talks are ongoing with cosmetic store chains for Kiko Milano product placements, aiming to place their products in all relevant retail chains but not supermarkets. Expansion plans include opening 10 new Kiko Milano stores in Czechia and Slovakia by 2027 and an additional 9 stores in Bulgaria, Cyprus, and Romania by 2030. Other brands like Technogym, Wilson, and Harley Davidson highlight the group’s diverse portfolio. A Harley Davidson store is set to open on Varelas Koropiou Street in early Q3 2025, while the group will not renew its partnership with Indian Motorcycle at year-end. Following approval from the Capital Market Committee and completion of the AMK process on March 21, the group is expected to be listed on the Athens Stock Exchange main market on March 27.