Brief: Basic Fit Q3 Revenue At 133 Million Euros

Basic-Fit

27/10/2021 06:44

Oct 27 (Reuters) - Basic Fit NV  BFIT.AS :
    * NUMBER OF MEMBERSHIPS INCREASED 10% TO 2.21 MILLION FROM
2.01
MILLION AT END OF H1 2021
    * THE POSITIVE DEVELOPMENT OF OUR MEMBERSHIP BASE AND
INCREASED
VACCINATION RATES IN OUR COUNTRIES GIVE US FURTHER CONFIDENCE TO
CONTINUE WITH OUR ACCELERATED CLUB ROLLOUT PLANS
    * Q3 2021 REVENUE OF EUR 133 MILLION, ALMOST SIMILAR TO SAME
PERIOD LAST YEAR
    * Q3 NUMBER OF CLUBS INCREASED TO 995; UP 93 CLUBS YEAR ON
YEAR
(Q3 2020: 902 CLUBS)
    * Q3 EUR 428 MILLION AVAILABLE LIQUIDITY
    * WE REMAIN ON TRACK TO REACH THE 1,250 CLUBS MARK BY THE
END OF
2022
    * MORE THAN 90% OF THE NEWLY SIGNED RENT CONTRACTS HAVE A
PANDEMIC
CLAUSE THAT SUBSTANTIALLY LIMITS OUR FINANCIAL RISK

Source text for Eikon:  ID:nNDL8QbBFY 
Further company coverage:  BFIT.AS 

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