Brief: Basic Fit NV 9-Month Average Revenue Per Member Increased To Eur 22.50 A Month

Basic-Fit

28/10/2022 06:38

Oct 28 (Reuters) - Basic Fit NV  BFIT.AS :
    * NUMBER OF CLUBS INCREASED BY 165 YEAR-ON-YEAR TO 1,160
(YTD UP
145 CLUBS)
    * 9-MONTH REVENUE OF EUR 563 MILLION (YTD 2021: EUR 186
MILLION)
    * LONG-TERM TARGET OF 3,000 TO 3,500 CLUBS BY 2030
REITERATED
    * LEVERAGE RATIO (NET DEBT / ADJUSTED EBITDA) OF CLOSE TO
3.0
TIMES EXPECTED AT YEAR-END
    * CLUB COUNT OF 1,200 EXPECTED AT YEAR-END
    * REVISED GUIDANCE FOR 2022: AROUND 3.35 MILLION
MEMBERSHIPS,
REVENUE OF APPROXIMATELY EUR 800 MILLION AND UNDERLYING EBITDA
OF BETWEEN EUR 200 MILLION AND EUR 205 MILLION
    * 9-MONTH AVERAGE REVENUE PER MEMBER INCREASED TO EUR 22.50
A
MONTH
    * CLUB COUNT OF 1,200 EXPECTED AT YEAR-END
    * LONG-TERM TARGET OF 3,000 TO 3,500 CLUBS BY 2030
REITERATED

Further company coverage:  BFIT.AS 
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