Zimmer MedizinSysteme GmbH / icelab
Zimmer MedizinSysteme GmbH / icelab
Zimmer MedizinSysteme GmbH / icelab
Health Club Management

Health Club Management

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UNITING THE WORLD OF FITNESS
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Health Club Management

Health Club Management

News

Pure Gym plans further expansion following double-digit growth

Expansion remains a key focus for the year ahead
– Humphrey Cobbold

Budget operator Pure Gym achieved double-digit growth in revenue and profitability during 2018, cementing its position as the UK's largest gym chain.

Announcing its annual results for the year to 31 December 2018, the group reported revenues of £228.4m – an increase of 15 per cent on 2017 figures. Group earnings before interest, tax, depreciation and amortisation jumped 14 per cent during the year to £73.1m.

Alongside continued strong financial performance, PureGym set a new UK record for gym membership numbers and successfully integrated Soho Gyms following the acquisition of 10 fitness clubs in June 2018.

It now has more than one million members following a 9 per cent increase in memberships, driven by the addition of 30 clubs during 2018 – taking the number of clubs in its portfolio to 222.

Of the new sites, 26 were organic openings and four were Soho Gym conversions.

Humphrey Cobbold, Pure Gym CEO, said there will be continued expansion in 2019 – adding that of 24 April there were already 235 PureGym sites open.

"We’re seeing a great demand for new sites as people become increasingly aware of the importance of leading healthy lifestyles," Cobbold said.

"As well as continued innovation, expansion remains a key focus for the year ahead, and with our new formats, we can welcome more people than ever to our gyms.

"Since January we have already opened 13 new and converted gyms and we’re confident that 2019 will be a strong year for new site opening performances."

During the year, Pure Gym also tested its new ‘small box’ format successfully and now plans to roll it out nationwide.

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Budget operator Pure Gym achieved double digit growth in revenue and profitability during 2018, cementing its position as the UK's largest gym chain.
HAF,FIT,IND,PTS
imagesX/THUMB341610_818506_178797.jpg
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News

Pure Gym plans further expansion following double-digit growth

Expansion remains a key focus for the year ahead
– Humphrey Cobbold

Budget operator Pure Gym achieved double-digit growth in revenue and profitability during 2018, cementing its position as the UK's largest gym chain.

Announcing its annual results for the year to 31 December 2018, the group reported revenues of £228.4m – an increase of 15 per cent on 2017 figures. Group earnings before interest, tax, depreciation and amortisation jumped 14 per cent during the year to £73.1m.

Alongside continued strong financial performance, PureGym set a new UK record for gym membership numbers and successfully integrated Soho Gyms following the acquisition of 10 fitness clubs in June 2018.

It now has more than one million members following a 9 per cent increase in memberships, driven by the addition of 30 clubs during 2018 – taking the number of clubs in its portfolio to 222.

Of the new sites, 26 were organic openings and four were Soho Gym conversions.

Humphrey Cobbold, Pure Gym CEO, said there will be continued expansion in 2019 – adding that of 24 April there were already 235 PureGym sites open.

"We’re seeing a great demand for new sites as people become increasingly aware of the importance of leading healthy lifestyles," Cobbold said.

"As well as continued innovation, expansion remains a key focus for the year ahead, and with our new formats, we can welcome more people than ever to our gyms.

"Since January we have already opened 13 new and converted gyms and we’re confident that 2019 will be a strong year for new site opening performances."

During the year, Pure Gym also tested its new ‘small box’ format successfully and now plans to roll it out nationwide.

Sign up for FREE ezines & magazines
Budget operator Pure Gym achieved double digit growth in revenue and profitability during 2018, cementing its position as the UK's largest gym chain.
HAF,FIT,IND,PTS
imagesX/THUMB341610_818506_178797.jpg

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Features
IHRSA Update
IHRSA’s Kristen Walsh shares highlights from The 2019 IHRSA Health Club Consumer Report into the US fitness market, as well as giving universal advice about how to stay relevant
Features
feature
“We can include those yet to take the plunge into wearables,” says Myzone’s Dave Wright
Features
feature
As ukactive pushes for government to focus on physical activity for healthcare, Brad Tucker, managing director at Premier Global NASM, explains how the training provider is evolving its programmes to help fitness professionals deliver person-centred, holistic health solutions
Features
Group exercise
Does your fitness studio offer the antidote to tech-driven loneliness?
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Featured supplier: Gympass expands in Ireland with flagship operator Gym Plus
Gympass, a leader in corporate fitness sales, has expanded its network to Ireland following a new partnership with Gym Plus.
Featured supplier news
Featured supplier: CIMSPA Youth Panel to give real insight into Gen Z at active-net 2020
It’s just months away until active-net 2020, the two-day educational, networking and business meetings event, which attracts professionals from across the leisure sector.
Company profiles
Company profile: DFC
DFC
At DFC, we offer totally transparent revenue management solutions with clear pricing and no hidden ...
Company profiles
Company profile: MoveGB
Move is the fitness marketplace connecting our partners with customers through the largest variety of ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Direct debit solutions
Harlands Group: Direct debit solutions
Exercise equipment
Eleiko Sport AB: Exercise equipment
Management software
GymSales: Management software
Trade associations
International SPA Association - iSPA: Trade associations
Spa software
SpaBooker: Spa software
Lockers/interior design
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Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
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Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
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Hutchison Technologies: Audio visual
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Zimmer MedizinSysteme GmbH / icelab
Zimmer MedizinSysteme GmbH / icelab