Expansion limbers up growth in revenue and profit at Pure Gym
Leeds-based PureGym has seen revenues climb 24% in a year where membership grew to 927,000 and 20 new sites were opened across the UK.
Reporting on the 12 months on 31 December 2017, the group said revenues stood at £198m, up 24% from £159m in 2016. Its EBITDA grew £64m from £39m - which it said was driven by new site rollout and innovative membership propositions.
PureGym opened 20 new gyms in 2017, taking the year-end total to 192, and saw a 13% growth in members to 927,000. It was acquired by California-based in... For the full story register now for free or login below...