Brief: Basic Fit Eyes Revenue Of EUR 800-850 Million In 2022

Basic-Fit

04/11/2021 07:04

Nov 4 (Reuters) - Basic Fit NV  BFIT.AS :
    * TO ACCELERATE PACE OF CLUB OPENINGS
    * REVENUE TO GROW TO EUR 800 - EUR 850 MILLION IN 2022
    * GROWTH STRATEGY AND CONTINUED RECOVERY AFTER LIFTING OF
MOST OF
COVID-19 RELATED GOVERNMENT MEASURES SINCE MAY, ARE EXPECTED TO
RESULT IN A REVENUE OF EUR 800 - EUR 850 MILLION IN 2022,
COMPARED TO EUR 515 MILLION IN 2019
    * BY 2030, BASIC-FIT AIMS TO GROW ITS NETWORK TO 3,000 TO
3,500
CLUBS
    * 2023 AND ONWARDS TO OPEN BETWEEN 200-300 CLUBS A YEAR
    * REVENUE OF EUR 800 - EUR 850 MILLION IN 2022, AND GROUP
UNDERLYING EBITDA OF AROUND EUR 240 MILLION
    * MEMBERSHIP GROWTH OF AROUND 1 MILLION OVER THE FULL YEAR
2022

Source text: https://bit.ly/3k5S93J
Further company coverage:  BFIT.AS 

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