Gym Group (The) PLC (FRA:4GY)
€ 1.79 0.01 (0.56%) Market Cap: 322.93 Mil Enterprise Value: 790.35 Mil PE Ratio: 0 PB Ratio: 2.17 GF Score: 72/100
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Half Year 2021 GYM Group PLC Earnings Call Transcript

Sep 02, 2021 / 07:30AM GMT
Release Date Price: €3.28 (+1.23%)
Operator

Good day, and welcome to The Gym Group plc Interim Results for the 6-month Period Ended 30th of June 2021. At this time, I would like to turn the conference over to Richard Darwin. Please go ahead, sir.

Richard Darwin
The Gym Group plc - CEO & Executive Director

Good morning, everyone. Welcome to The Gym Group's Interim Update. I'm Richard Darwin, the CEO; and with me is Mark George, our CFO. The Gym Group has shown its resilience in the past year and is emerging from the crisis in a very strong position. We're now back open with very strong levels of member acquisition on the reopening, 730,000 members at the end of June and in line with our expectations at the end of August at 721,000.

Restrictions have been removed. The vaccine program is proving successful in reducing serious illness from COVID. And we, as a business, really feel that we have a once-in-a-generation opportunity to expand our estate and drive market share as results of the changes we've seen in the property market and the impact on the rest of the health and fitness sector.

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