The Gym Group (GYM)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

296.00p
   
  • Change Today:
    -14.00p
  • 52 Week High: 316.00
  • 52 Week Low: 185.80
  • Currency: UK Pounds
  • Shares Issued: 138.10m
  • Volume: 169,674
  • Market Cap: £408.76m
  • RiskGrade: 59

Gym Group revenues rise as membership numbers grow, new sites opened

By Michele Maatouk

Date: Tuesday 16 Jan 2018

LONDON (ShareCast) - (ShareCast News) - The Gym Group reported a rise in full-year revenue on Tuesday as membership numbers grew and the company opened more sites.
In a trading update for the year to the end of December, the operator of low-cost gyms said revenues were up 24.3% compared to the previous year, with total year-end membership numbers 35.5% higher at 607,000 as new openings and the existing estate traded strongly.

Meanwhile, site numbers were up 44% to 128 at year-end, with 21 organic openings and 18 sites acquired from Lifestyle Fitness. The company said its estimated share of the low-cost gym market rose to 22.4% from 17.7% in 2016.

The Gym Group said its earnings for 2017 are expected to be in line with market forecasts.

Chief executive officer John Treharne said: "This has been another year of accelerated, profitable growth with a record number of newly developed gyms and the acquisition of the Lifestyle Fitness gyms. We are the fastest growing low-cost gym operator, have significantly increased market share and after 10 years of operation are still breaking records, underlining the resilience of our proposition and the constant evolution of our offer. We have had 100 million gym visits since launch in 2008, and our membership of over 600,000, would fit into Wembley, Twickenham, the Bernabeu, the MCG, Old Trafford, Croke Park and the Nou Camp combined.

"Looking ahead, we have a very strong foundation and a proven rollout model from which to build the business and increase its profitability further: we expect to open a further 15-20 new gyms in 2018 with more in the first half than in recent years. I have every confidence that our very experienced and innovative team is primed to deliver the next stage of our development."

At 1255 GMT, the shares were up 1.7% to 230.94p.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

The Gym Group Market Data

Currency UK Pounds
Share Price 296.00p
Change Today -14.00p
% Change -4.52 %
52 Week High 316.00
52 Week Low 185.80
Volume 169,674
Shares Issued 138.10m
Market Cap £408.76m
RiskGrade 59

The Gym Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.55% below the market average95.55% below the market average95.55% below the market average95.55% below the market average95.55% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
73.09% above the market average73.09% above the market average73.09% above the market average73.09% above the market average73.09% above the market average
83.78% above the sector average83.78% above the sector average83.78% above the sector average83.78% above the sector average83.78% above the sector average
Income
90.94% below the market average90.94% below the market average90.94% below the market average90.94% below the market average90.94% below the market average
86.05% below the sector average86.05% below the sector average86.05% below the sector average86.05% below the sector average86.05% below the sector average
Growth
73.05% above the market average73.05% above the market average73.05% above the market average73.05% above the market average73.05% above the market average
85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 8
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

The Gym Group Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 23-May-19
Paid 11-Oct-19 14-Jun-19
Amount 0.45p 0.95p

Trades for 21-Feb-2020

Time Volume / Share Price
16:35 9,802 @ 296.00p
16:29 528 @ 296.50p
16:29 407 @ 297.50p
16:29 345 @ 297.50p
16:29 6 @ 297.50p

The Gym Group Key Personnel

CEO John Treharne
CFO Mark George

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