Gym Group (The) PLC (LSE:GYM)
£ 1.496 -0.024 (-1.58%) Market Cap: 266.12 Mil Enterprise Value: 651.32 Mil PE Ratio: 0 PB Ratio: 2.14 GF Score: 67/100
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Half Year 2020 GYM Group PLC Earnings Call Transcript

Sep 02, 2020 / 07:30AM GMT
Release Date Price: £1.5 (-4.34%)
Richard Darwin
The Gym Group plc - CEO & Executive Director

Good morning, everyone. Welcome to The Gym Group's Half Year Presentation. I'm Richard Darwin, the CEO. And with me is our CFO, Mark George. This is an important update. We haven't done a detailed update for about 5 months now. And whilst we will cover the events of the first half, I think you'll all be more interested in what has happened in the last 2 months since we've reopened the estate.

So we're now in addition where the entire estate has reopened, minus Leicester and Oxford Street, which is closed for a refurb. And I'll describe overall our mood as one of cautious optimism. Cautious because there's always the risk of a second wave, but optimistic because we think we've had a very positive start since reopening. And that positivity comes from the following reasons. We've got in place a very strong set of operating procedures that are working. These have been adopted very well by members and staff. And I think importantly, sector wide, there are no known instances of transmission from members whilst working out. And that's

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