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Les Mills International
Les Mills International
Les Mills International
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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

The Gym Group shares find favour with market tipsters

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.

The gym chain became the only listed health club operator in the UK when founder John Treharne rang the bell on the (LSE) as the shares began trading under the ticker GYM on 9 November.

Since then, the shares have risen steadily from their 195p starting price to hit highs of 209p. The price had levelled off slightly by yesterday evening (16 November) to 202p, but still reflected solid gains.

The Gym Group’s potential has not been lost on media market tipsters, with several using columns to extol the virtues and ‘latent potential’ of the UK’s budget gym sector.

The Mail On Sunday’s Midas column urged readers to buy Gym Group shares, noting they “still offer plenty of potential” and adding that the chain’s proposition “fits in well with today’s cost-conscious consumer.” These tips were picked up by several other financial news sites and forums.

Speaking to Health Club Management at the time of the listing, Treharne said the IPO had proved attractive to a number of credible investors.

“The calibre of our new shareholders is fantastic, they’re all investors who are in it for the long-term. It shows that health clubs don’t have to be a low level investment,” he said, adding that he will stay in the business as CEO to lead the next stage of growth.

“This IPO secures our future,” he added. “We’ll continue to open between 15 and 20 gyms a year, with a focus on quality and quantity. We want to see the business continue to grow sensibly.”

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.
HAF,FIT,IND
5419_83466.jpg
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Catalogue Gallery
Click on a catalogue to view it online
Directory
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Service Sport: Uniforms
Architects/designers
Zynk Design Consultants: Architects/designers
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Spa software
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Skincare
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Lockers/interior design
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Hydrotherapy / spa fragrances
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Management software
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Fitness equipment
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Property & Tenders
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Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
13-14 Oct 2021
Online,
Diary dates
01-03 Feb 2022
Coventry Building Society Arena, Coventry, United Kingdom
Diary dates
07-10 Apr 2022
Exhibition Centre , Cologne, Germany
Diary dates
15-16 Jun 2022
ExCeL London, London, United Kingdom
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates

News

The Gym Group shares find favour with market tipsters

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.

The gym chain became the only listed health club operator in the UK when founder John Treharne rang the bell on the (LSE) as the shares began trading under the ticker GYM on 9 November.

Since then, the shares have risen steadily from their 195p starting price to hit highs of 209p. The price had levelled off slightly by yesterday evening (16 November) to 202p, but still reflected solid gains.

The Gym Group’s potential has not been lost on media market tipsters, with several using columns to extol the virtues and ‘latent potential’ of the UK’s budget gym sector.

The Mail On Sunday’s Midas column urged readers to buy Gym Group shares, noting they “still offer plenty of potential” and adding that the chain’s proposition “fits in well with today’s cost-conscious consumer.” These tips were picked up by several other financial news sites and forums.

Speaking to Health Club Management at the time of the listing, Treharne said the IPO had proved attractive to a number of credible investors.

“The calibre of our new shareholders is fantastic, they’re all investors who are in it for the long-term. It shows that health clubs don’t have to be a low level investment,” he said, adding that he will stay in the business as CEO to lead the next stage of growth.

“This IPO secures our future,” he added. “We’ll continue to open between 15 and 20 gyms a year, with a focus on quality and quantity. We want to see the business continue to grow sensibly.”

Having hit headlines last week with a high profile float on the London Stock Exchange (LSE), The Gym Group has stayed in the spotlight, with analysts tipping the shares for success.
HAF,FIT,IND
5419_83466.jpg

News

People should concentrate on exercise and staying fit – rather than dieting and weight loss
Sibec Europe, scheduled to take place in Cologne, Germany, from 2 to 5 November 2021,
Swim England has warned that 2,000 swimming pools could be lost forever unless the government
Sports Minister, Nigel Huddleston, has joined gym-goers this morning to kick-off the annual National Fitness
A new high-end workspace, designed for the use of personal trainers, coaches and other health
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Life Fitness (UK) Ltd
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Les Mills
Les Mills
1 - 20 of 12,026
HCM Magazine
Sponsored
Les Mills is launching a new digital network called Les Mills Connect to help clubs build back better and emerge from the pandemic with a stronger business
HCM Magazine
Sponsored
Active IQ is launching courses to upskill fitness professionals to work in social prescribing, extending the reach of the industry
HCM Magazine
Research
Changes to DNA which occur during exercise give protection against a wide range of diseases, according to new research from the Univesity of Copenhagen
HCM Magazine
Insight
Dr Davina Deniszczyc talks us through the findings of the first Nuffield Healthier Nation Index, which has benchmarked activity levels and attitudes to exercise among the UK population
HCM Magazine
Interview
David Lloyd Leisure has not only regained its pre-pandemic member numbers, it’s also seeking acquisitions, going hard on digital and continuing to upgrade its portfolio. Its CEO talks to Kate Cracknell
HCM Magazine
Sponsored
Andy Janes and Jamie Whisken explain the vision behind R1SE Bournemouth, and why Technogym was their choice of partner in delivering their unique fusion boutique
HCM Magazine
Editor's letter
The appetite for health clubs is strong among consumers and investors – to take advantage of this, operators must figure out how to meet key challenges in operationally sustainable ways
HCM Magazine
HCM magazine
The Gym Group has taken its digital hybrid strategy full circle, piloting in-gym workout pods and studios with its home workout delivery partner, Fiit. HCM talks to the team driving the project
HCM magazine
Fuel the debate about issues and opportunities across the industry. We’d love to hear from you – [email protected]
HCM magazine
Booming membership sales, busy suburban clubs and members visiting during the working day. Operators are reporting it’s good to be back. Kath Hudson finds out what business has been like since the re-set button was pressed
HCM magazine
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Featured supplier news
Featured supplier news: Active IQ Skills Hub helps fitness professionals boost skills in post-Covid market
Suffice to say that the pandemic has completely changed the way fitness professionals work and the way consumers work out – and therein lies opportunity.
Featured supplier news
Featured supplier news: Will your business last without digital transformation?
During the pandemic, a digital transformation took off faster than anyone could have predicted with meetings in person cancelled and millions working from home.
Featured operator news
Featured operator news: Being active helps Parkwood Leisure customers save the NHS £16m
Parkwood Leisure, one of the UK’s leading public leisure facilities operators, helped prevent more than 7,000 cases of stroke, dementia, depression and type 2 diabetes in 2019, saving the NHS £16 million, a new social value report has shown.
Featured operator news
Featured operator news: Everyone Active bolsters Everyone on Demand and enters second year with five new partnerships
Everyone Active has signed a number of new deals which will see the operator strengthen its digital product offering, Everyone on Demand.
Company profiles
Company profile: Fisikal Limited
Fisikal helps fitness professionals, operators and education organisations improve efficiencies and service through its online ...
Company profiles
Company profile: Keiser UK LTD
For more than four decades, Keiser has influenced the training of athletes, fitness enthusiasts and ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Uniforms
Service Sport: Uniforms
Architects/designers
Zynk Design Consultants: Architects/designers
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Spa software
SpaBooker: Spa software
Salt therapy products
Himalayan Source: Salt therapy products
Skincare
Sothys: Skincare
Lockers/interior design
Crown Sports Lockers: Lockers/interior design
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Management software
Premier Software Solutions: Management software
Fitness equipment
Precor: Fitness equipment
Property & Tenders
Welwyn Garden City
Welwyn Hatfield Borough Council
Property & Tenders
Newport, Shropshire
Lilleshall Sports Academy
Property & Tenders
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
13-14 Oct 2021
Online,
Diary dates
01-03 Feb 2022
Coventry Building Society Arena, Coventry, United Kingdom
Diary dates
07-10 Apr 2022
Exhibition Centre , Cologne, Germany
Diary dates
15-16 Jun 2022
ExCeL London, London, United Kingdom
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates
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Les Mills International
Les Mills International