Gym Group PLC (The) Capital Markets Day: 2025 targets published (0305M)
May 19 2022 - 2:02AM
UK Regulatory
TIDMGYM
RNS Number : 0305M
Gym Group PLC (The)
19 May 2022
19 May 2022
The Gym Group plc
("The Gym Group")
Capital Markets Day: 2025 targets published
The Gym Group, the nationwide operator of 206 low cost, high
quality, 24/7 no contract gyms, is today hosting a Capital Markets
Day for investors and analysts.
As part of the event, the management team will set out further
details on its growth strategy and key targets for 2025 which
include:
-- 300+ sites
-- GBP95-105m EBITDA [1]
-- GBP40-50m Profit Before Tax
A number of topics will be covered including: the strong
trajectory of the business post-pandemic, the market opportunity
and enablers of growth, revenue optimisation, brand transformation
and developments in the technology platform. The event will be led
by the CEO, Richard Darwin and will include presentations by a
number of the senior management team.
The Capital Markets Day will be held in person for
pre-registered sell side analysts and investors. A live webcast of
the event will be available at 2:00 p.m. BST today via this link
.
The presentation and a recording of the live webcast of today's
event will be available on our corporate website later today.
For further information, please contact:
The Gym Group: via Tulchan Communications
Richard Darwin, CEO
Mark George, CFO
Tulchan Communications:
James Macey White
Elizabeth Snow
Laura Marshall +44 (0) 207 353 4200
Forward Looking Statement Disclaimer
This announcement contains certain projections and other
forward-looking statements with respect to the financial condition,
results of operations, businesses and prospects of The Gym
Group.
These projections and forward-looking statements are based on
current expectations and involve risk and uncertainty because they
relate to events and depend upon circumstances that may or may not
occur in the future. There are several factors which could cause
actual results or developments to differ materially from those
expressed or implied by these forward-looking statements. Any of
the assumptions underlying these projections and forward-looking
statements could prove inaccurate or incorrect and therefore any
results contemplated in the projections or forward-looking
statements may not actually be achieved.
The Gym Group undertakes no obligation to update or revise
(publicly or otherwise) any projection or forward-looking
statement, whether as a result of new information, future events or
other circumstances. The announcement does not constitute an
invitation or inducement to any person to subscribe for or
otherwise acquire securities in The Gym Group.
[1] Group Adjusted EBITDA less Normalised Rent
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END
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