Gym Group opened 16 new locations during the reporting year, bringing its total number of locations to 260. Forty gyms are already operating in the new, optimized format and are performing well. Net debt amounted to £59.3 million as of December 31, 2025, compared to £61.3 million as of December 31, 2024, which was £5 million below analysts' consensus forecasts. Due to strong like-for-like growth and the positive development of the new locations, adjusted EBITDA less normalized rents for the 2025 financial year is expected to be slightly above the upper end of the current analyst forecast of £52.5 million to £54.9 million, determined by the Group itself.
Will Orr, CEO of The Gym Group, commented:
"This has been another year of strong progress for the Group, and we now expect the FY25 outturn to be at the top end of our previous guidance. Our Next Chapter growth strategy is delivering, and we see significant opportunities ahead in a market with structural growth tailwinds. As a result, we are accelerating our organically funded rollout to c.75 new sites over the next three years. We entered the key new-year member recruitment period well prepared, and our high value, low cost offering, enabled by an advantaged business model, continues to resonate strongly with consumers. In addition, we are generating strong free cashflow that supports returning surplus capital to shareholders while maintaining the financial strength to invest in the Group's long term growth."Quelle: The Gym Goup
Bild: The Gym Group
Source: The Gym Group
Picture: The Gym Goup