Basic-Fit Trading Update Q1 2019
(WorldNews Netherlands)

BASIC-FIT REPORTS STRONG GROWTH IN REVENUE AND MEMBERSHIPS THREE MONTHS HIGHLIGHTS Group revenue increased by 29% year on year to EUR119.4 million (Q1 2018: EUR92.6 million) Number of memberships increased by 19% year on year to 1.96 million (Q1 2018: 1.65 million) Number of clubs in the network increased by 22 in Q1 to 651 clubs (Q1 2018: 533 clubs) On track to open around 125 clubs in 2019 REVENUE DEVELOPMENT Basic-Fit reported revenue of EUR119.4 million over the first three months of 2019. This is an increase of 29% compared to the EUR92.6 million in the same period in 2018. The increase is explained by the increase in fitness revenue (up 29% to EUR116.3 million) and higher other revenue (up 22%...