Cita Iniciado por jerez1 Ver Mensaje

INTERIM RESULTS FOR THE SIX MONTH PERIOD ENDED 30 JUNE 201929 August 2019


2019 Interim Results
Strong first half delivering continued profitable growth
The Gym Group plc, the fast growing, nationwide operator of 1661 low cost 24/7 no contract gyms2, announces its interim results for the six month period ended 30 June 2019.

Financial Highlights
Note: for a summary of KPI definitions used in the table see section provided below the financial review.

  • Revenue of £74.0 million, an increase of 26.9% (H1 2018: £58.3 million)
  • Group Adjusted EBITDA of £24.0 million, an increase of 28.0% (H1 2018: £18.8 million); EBITDA margin increases to 32.5% (H1 2018: 32.2%)
  • Adjusted profit before tax of £7.1 million, up 53.3% (H1 2018: £4.6 million)
  • Statutory profit before tax increased by 80.5% to £5.6 million (H1 2018: £3.1 million)
  • Adjusted EPS of 4.0p, an increase of 42.9% (H1 2018: 2.8p)
  • Non-Property Net Debt broadly flat at £47.2 million (December 2018: £46.0 million)
  • Interim dividend of 0.45 pence per share declared, up 28.6% (H1 2018: 0.35 pence)

Strategic and Operational Progress

  • 8 new gyms opened in H1 2019 bringing total estate to 1651
  • Membership numbers increased by 10.6% to 796,000 (H1 2018: 720,000)3
  • New operating model (New Gym Team) transition to be completed by 1 September 2019
  • LIVE IT take-up grows to 135,000 (H1 2018: 55,000) representing 16.9% of total members at 30 June 2019
  • Increase in the average revenue per member per month to £15.47 (H1 2018: £14.65) of which £0.16 was from rental income from personal trainers under the New Gym Team operating model




https://www.tggplc.com/news-media/press-releases/2019/august-2019/interim-results-for-the-six-month-period-ended-30-june-2019

Analisis tecnico

https://es.investing.com/equities/gym-ltd-technical