Gym Group enlists Savills to help with site selection

26th Apr 2024 08:47

(Sharecast News) - Low-cost gym operator the Gym Group announced on Friday that it has enlisted the expertise of Savills to assist in its site selection process, as it embarked on a strategic expansion plan.

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Revenue rises, losses narrow for the Gym Group

13th Mar 2024 09:35

(Sharecast News) - Low-cost gym operator the Gym Group reported an 18% increase in revenue in its full-year results on Wednesday, reaching £204m.

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Gym Group FY revenues grow as members grow

10th Jan 2024 09:09

(Sharecast News) - Fitness club operator The Gym Group said on Wednesday that "positive trading trends" highlighted in its interim results had continued throughout the remainder of the year, resulting in "good growth" in both membership and yield.

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Revenue up as the Gym Group expands membership base

13th Jul 2023 08:10

(Sharecast News) - Low-cost fitness operator the Gym Group reported substantial growth in membership and revenue in a first-half trading update on Thursday.

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Gym Group warns over rising costs, shares tumble

16th Mar 2023 10:03

(Sharecast News) - Gym Group shares tumbled on Thursday as it cautioned that rising revenues would be broadly offset by higher costs.

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Work-from-home still impacting Gym Group as revenues rise

9th Nov 2022 12:29

(Sharecast News) - Low-cost fitness centre operator The Gym Group said in an update on Wednesday that its membership had increased 16.7% from the end of 2021, reaching 838,000 at the end of October, although a number of its facilities were still struggling in the post-pandemic work-from-home environment.

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Berenberg lowers target price on the Gym Group

12th Aug 2022 09:02

(Sharecast News) - Analysts at Berenberg slashed their target price on fitness centre operator the Gym Group from 290.0p to 180.0p on Friday and said it was "staying on the sidelines" as far as the stock was concerned.

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The Gym Group records 'strong' first half recovery

4th Aug 2022 13:31

(Sharecast News) - Fitness centre operator The Gym Group reported a "strong" financial recovery in its first half on Thursday, with group adjusted EBITDA less normalised rent swinging to £17m from a loss of £8.1m year-on-year.

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The Gym Group chair Penny Hughes steps down

25th Jul 2022 13:41

(Sharecast News) - The Gym Group said on Monday that chair Penny Hughes plans to retire with immediate effect.

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The Gym Group appoints Luke Tait as CFO

17th May 2022 09:42

(Sharecast News) - The Gym Group has appointed Luke Tait as its new chief financial officer.

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The Gym Group reports strong post-lockdown rebound

16th Mar 2022 09:53

(Sharecast News) - The Gym Group reported a 31.7% improvement in revenue in its full-year results on Wednesday, after a well in membership numbers following the reopening of its sites in April.

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The Gym Group revenues rise; CFO Mark George to depart

20th Jan 2022 10:09

(Sharecast News) - The Gym Group reported a jump in full-year revenues on Thursday and hailed a good start to the new year as it announced the departure of chief financial officer Mark George, who is leaving to take up the same role at Wickes.

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Gym Group membership bounces back

16th Dec 2021 08:17

(Sharecast News) - The Gym Group said membership bounced back and prices rose after its sites were allowed to reopen from Covid-19 restrictions.

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Broker tips: The Gym Group, Moneysupermarket

5th Oct 2021 15:07

(Sharecast News) - Analyst at Berenberg raised their target price on gym operator the Gym Group from 230.0p to 290.0p on Tuesday, stating "encouraging momentum" was now emerging.

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Berenberg raises target price on the Gym Group

5th Oct 2021 13:22

(Sharecast News) - Analyst at Berenberg raised their target price on gym operator the Gym Group from 230.0p to 290.0p on Tuesday, stating "encouraging momentum" was now emerging.

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