Brief: Basic Fit Eyes 2025 Underlying EBITDA Less Rent Of EUR 330-370 Mln

Basic-Fit

12/03/2025 06:44

March 12 (Reuters) - Basic Fit NV BFIT.AS:

FY REVENUE INCREASED BY 16% TO €1,215 MILLION (2023: €1,047 MILLION)

FY UNDERLYING EBITDA LESS RENT INCREASED BY 20% TO €313 MILLION (2023: €261 MILLION)

IN FY 173 NET CLUB OPENINGS, EXPANDING THE NETWORK TO 1,575 CLUBS

OUTLOOK 2025: REVENUE OF BETWEEN €1.375 BILLION AND €1.425 BILLION

OUTLOOK 2025: UNDERLYING EBITDA LESS RENT OF BETWEEN €330 MILLION AND €370 MILLION

OUTLOOK 2025: POSITIVE FREE CASH FLOW EXPECTED IN 2025

OUTLOOK 2025: OVERHEAD INCLUDING MARKETING COSTS AS A PERCENTAGE OF REVENUE TO DECREASE TO BETWEEN 11.5% AND 12.0%

MORE CAPITAL-EFFICIENT STRATEGY TO ENABLE REACHING THE BELOW 2X LEVERAGE TARGET BY 2026

EXPECTS TO LAUNCH A EUR 40 MILLION SHARE REPURCHASE PROGRAMME IN 2025

EXPECTS TO REDUCE LEVERAGE TO BELOW 2.0X ADJUSTED EBITDA BY 2026

Source text: here

Further company coverage: BFIT.AS

 (Gdansk Newsroom)

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