The Gym Group (GYM)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

279.50p
   
  • Change Today:
    -2.00p
  • 52 Week High: 313.00p
  • 52 Week Low: 120.00p
  • Currency: UK Pounds
  • Shares Issued: 177.56m
  • Volume: 347,079
  • Market Cap: £496.28m
  • RiskGrade: 80

The Gym Group revenues rise as membership numbers grow

By Michele Maatouk

Date: Friday 17 Jan 2020

LONDON (ShareCast) - (Sharecast News) - The Gym Group reported a rise in full-year revenues on Friday as membership numbers grew.
In a pre-close trading update for the year ended 31 December 2019, the company said total revenue jumped 23.6% to £153.1m on the year, as average members grew 14.9% to 796,000. Total year-end memberships rose 9.7% to 794,000.

Average revenue per member per month was up 7.6% to £16.02 as LIVE IT - its premium pricing product - continued to make good progress. The Gym Group said that 150,000 members, 18.9% of the total membership, had subscribed to LIVE IT by the end of December, compared to 11.7% in the same period the year before.

Chief executive officer Richard Darwin said: "Our strong proposition, as the UK's lowest-price, high-quality gym operator, continues to grow the market and bring affordable fitness to more people across the UK.

"We expanded our business by 20 sites in 2019, which included the first two of our new small box gym concept, which delivers low cost fitness to smaller towns. There remains a long runway of potential sites in the UK and with our small box rollout underway we plan to accelerate the expansion of our gym estate in the coming year."

The company said it had had an "encouraging" start to January trading and expects 2020 to be "another year of significant progress".

At 1050 GMT, the shares were down 0.8% at 307.60p.

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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 279.50p
Change Today -2.00p
% Change -0.71 %
52 Week High 313.00p
52 Week Low 120.00p
Volume 347,079
Shares Issued 177.56m
Market Cap £496.28m
RiskGrade 80

The Gym Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.28% below the market average60.28% below the market average60.28% below the market average60.28% below the market average60.28% below the market average
50.77% below the sector average50.77% below the sector average50.77% below the sector average50.77% below the sector average50.77% below the sector average
Price Trend
67.03% above the market average67.03% above the market average67.03% above the market average67.03% above the market average67.03% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Income
60.18% below the market average60.18% below the market average60.18% below the market average60.18% below the market average60.18% below the market average
73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average
Growth
26.13% below the market average26.13% below the market average26.13% below the market average26.13% below the market average26.13% below the market average
37.31% above the sector average37.31% above the sector average37.31% above the sector average37.31% above the sector average37.31% above the sector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 7
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 27-Jul-2021

Time Volume / Share Price
16:35 10,000 @ 279.50p
16:35 135,019 @ 279.50p
16:29 1 @ 280.00p
16:29 1 @ 280.00p
16:29 1 @ 280.00p

The Gym Group Key Personnel

Chair Penny Hughes
CEO Richard Darwin
CFO Mark George

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