Brief: Basic Fit NV H1 Underlying EBITDA Increased By 83% To EUR 110 Million

Basic-Fit

25/07/2023 06:37

July 25 (Reuters) - Basic Fit NV  BFIT.AS :
    * BASIC FIT NV - H1 UNDERLYING EBITDA INCREASED BY 83% TO
EUR 110
MILLION
    * BASIC FIT NV - H1 AVERAGE REVENUE PER MEMBER INCREASED TO
EUR
23.13 (H1 2022: EUR 22.22)
    * BASIC FIT NV - H1 PREMIUM MEMBERSHIP PENETRATION RATE
INCREASED
TO 41% (H1 2022: 26%)
    * BASIC FIT NV - H1 REVENUE INCREASED BY 41% TO EUR 500
MILLION
(H1 2022: EUR 355 MILLION)
    * BASIC FIT NV - H1 UNDERLYING NET RESULT OF EUR 2.4 MILLION
(H1
2022: LOSS OF EUR 20.6 MILLION)
    * BASIC FIT NV - OUTLOOK 2023: REVENUE OF AT LEAST EUR 1
BILLION
REITERATED
    * BASIC FIT NV - OUTLOOK 2023: SUBSTANTIALLY HIGHER
UNDERLYING
EBITDA IN H2 2023 COMPARED TO H1 2023
    * BASIC FIT NV -  OUTLOOK 2023: CLUB NETWORK EXPECTED TO
INCREASE
BY AT LEAST 200 CLUBS REITERATED
    * BASIC FIT NV - OUTLOOK 2023: TOTAL NUMBER OF MEMBERSHIPS
TO GROW
TO AT LEAST 3.8 MILLION
    * BASIC FIT NV - OUTLOOK 2023: ROIC OF MATURE CLUBS OF WELL
OVER
30% REITERATED
    * BASIC FIT NV - OUTLOOK 2023 : GRADUAL INCREASE OF AVERAGE
REVENUE PER MEMBER PER MONTH TO AT LEAST EUR 23.50 (LTM
    * BASIC FIT NV - BANK FINANCING SUCCESSFULLY AMENDED AND
EXTENDED
TO JUNE 2027
    * BASIC FIT NV -  MEMBERSHIPS INCREASED BY 686,000
YEAR-ON-YEAR TO
3.61 MILLION (H1 2022: 2.92 MILLION)

Source text for Eikon: [ID:https://l1nq.com/LS7Ah]
Further company coverage:  BFIT.AS 

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