THREE MONTHS HIGHLIGHTS
Group revenue increased by 27% year on year to €76.9 million
Number of memberships increased by 24% year on year to 1.33 million
Number of clubs in the network increased by 21 to 440
On track to deliver 100 club openings in 2017
Basic-Fit reported revenue of €76.9 million over the first three months of 2017. This is an increase of 27% compared to the €60.5 million in the same period in 2016. The increase is explained by the increase in memberships, average revenue per member and Other revenue (up 35% to €1.6 million from €1.2 million).
The number of memberships increased to 1.33 million, an increase of 24% compared to the 1.08 million memberships a year ago. The increase is in line with our expectations.
Rene Moos, CEO Basic-Fit:
“We had a strong first quarter in which we continued to outperform the market with membership numbers increasing by 24%. The number of club openings and the pipeline developed in line with the accelerated club roll-out plan as communicated in March. We remain confident that we will achieve the guidance of 100 club openings in 2017.”
In the first quarter, we opened 21 clubs and increased our network to 440 clubs. 16 of the new
clubs we opened in France, three in Belgium and two in Spain. In the quarter, we also expanded
the floor size of two existing clubs which will enable the further growth of these successful clubs.
AGM 16 May 2017
Half year 2017 results 11 August 2017
With 440 clubs, Basic-Fit is the largest fitness operator in Europe. We operate in five countries and in our clubs, more than 1.3 million members can work on improving their health and fitness. Basic-Fit operates a
straightforward membership model and offers a high-quality, value-for-money fitness experience that appeals to the fitness needs of all active people who care about their personal health and fitness. A typical
subscription costs €19.99 and gives people access to all our clubs in Europe and a pass which can be shared with family members.
tijd 17.07 Basic Fit EUR 16,33 -8ct vol. 62.129