Basic-Fit Full Year 2016 Results
(WorldNews Netherlands)

BASIC-FIT REPORTS FULL YEAR 2016 RESULTS Strong growth of results and acceleration of club rollout strategy FINANCIAL HIGHLIGHTS Revenue increased by 28% year-on-year to EUR259 million Adjusted EBITDA grew by 34% year-on-year to EUR80 million Revenue of mature clubs (like-for-like) increased by 5% year-on-year Mature club EBITDA margin increased by 134 bps year-on-year to 49.6% Adjusted net earnings increased by 61% year-on-year to EUR14 million (2015: EUR8.7 million) OPERATIONAL HIGHLIGHTS Number of clubs grew to 419; increase of 81 clubs of which 48 in France Total memberships grew to 1.21 million; increase of 27% year-on-year Like-for-like memberships grew by 1.3% year-on-year Sports water made...