Basic Fit N : Half Year Results Announcement / 210723 HY21 Presentation BFIT.pdf
July 23, 2021 at 07:08 am EDT
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SPEAKERS:
René Moos, CEO &
Hans van der Aar, CFO
DATE:
23 July 2021
HIGHLIGHTS
Performance largely defined by COVID-19 related government measures
Clubs
Members
Revenue
Available liquidity
973
2.01 million
€53 million
€497 million
Up 17%
Down 8%
Down 71%
year on year
year on year
year on year
2
CLUBS WERE CLOSED FOR 81% OF THE TIME IN HY 2021
Clubs in NL were open for 6 weeks and in BE/FR for 3 weeks
Clubs in the Netherlands reopened on 19 May; restrictions have since been eased allowing members to workout at their time of choice
Belgian and French clubs reopened on 9 June with limited restrictions; pass sanitaire is required since 21 July Spain remained open the entire period with restrictions that only recently have been eased
3
RECORD MEMBERSHIP GROWTH IN JUNE 2021
Record number of joiners and low churn rates after reopening
Monthly joiners Basic-Fit clubs 2021 vs. 2020/2019
1
3
2
Limited number of joiners with only clubs in Spain and Luxembourg open (1)
Start of a strong recovery with our clubs in the Netherlands reopening on 19 May (2)
Record monthly joiners in June thanks to further growth in the Netherlands and the reopening of our clubs in Belgium and France on 9 June (3)
4
NETHERLANDS 216
BELGIUM 205
LUXEMBOURG 10
FRANCE 492
SPAIN 50
68 NET CLUB OPENINGS
973 clubs compared to 905 at the end of 2020
and 831 in H1 2020 (+17%)
•
France
+45 clubs (+99 yoy)
•
Belgium
+12 clubs (+17 yoy)
•
Netherlands
+5 clubs (+14 yoy)
•
Spain
+6 clubs (+12 yoy)
We expect to end 2021 with around 1,010 clubs
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Disclaimer
Basic Fit NV published this content on 23 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 July 2021 11:07:15 UTC.
Basic-Fit N.V. specializes in operating a chain of fitness clubs. Net sales break down by activity as follows:
- fitness clubs operation (96.4%). At the end of 2023, the group had 3.8 million members in 1,402 clubs located in the Netherlands (237), France (781), Belgium (223), Spain (139), Germany (12) and Luxembourg (10);
- other (3.6%): personal trainer services, sale of energy drinks and nutritional bars, etc.
Net sales are distributed geographically as follows: the Netherlands (23.9%), France (48.5%), Belgium (20.3%), Spain (5.7%) and Luxembourg (1.6%).
BASIC-FIT N.V. 
