Basic-Fit rises after lifting annual profit outlook
BUZZ-Basic-Fit rises after lifting annual profit outlook ** Shares in Basic-Fit BFIT.AS rise 6.9% after the gym group reported higher first-half sales and profit, and raised its 2026 profit outlook
** It now expects FY earnings before interest, tax and other charges (EBITDA) of €430 mln to €460 ($489-$523) mln, up from €415 mln to €455 mln
** Its FY sales outlook is unchanged at €1.64 bln to €1.69 bln
** KBC says "membership growth in 2Q26 continued its positive trend" seen in the first quarter of the year
** Average members at Basic-Fit gyms rose to 2,999 in Q2 from 2,981 in the first quarter, the company said
** Share on track for a best day since June 10, when it closed 10.8% higher, if gains hold
** Up to the previous session's close, shares were up 8.4% YTD
($1 = 0.8795 euros)
(Reporting by Nathan Vifflin in Gdansk)
((nathan.vifflin@thomsonreuters.com; +48 58 769 67 13;))
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