TECHNOGYM: SALES GROW
CONSOLIDATED REVENUES: Euro 465 millions, +7,2% vs first nine months of 2019
Revenues grow in all areas, in particular North America (+17%) and Asia Pacific (+25%)
Nerio Alessandri, Chairman and CEO, commented:
'After the first half good performance, Technogym confirms a growth above the reference market over the nine months. The robust growth trend continues in high-potential areas such as North America (+ 17%) and Asia Pacific (+ 25%).
All-round innovation, from the product, to the service, to the digital ecosystem continue to represent the priorities of our strategy. Technogym continues to be focused on spreading the CLUB 4.0 solution aimed at transforming the offer of fitness centers: from a one-fits-all approach to a customized offer thanks to the introduction of shop-in-shop style formats able to offer different training experiences dedicated to users with different profiles, needs and passions.
Within this scenario the company has recently launched BIOCIRCUIT, one of the seven new formats, the circuit of connected products not only for the fitness market, but also for the rehabilitation sector.
BIOCIRCUIT is able to offer users of various levels, including beginners and the elderly, a guided training experience that adapts automatically to the needs of each individual user thanks to artificial intelligence.
The revenue trend for the first nine months therefore makes us confident that we will achieve our growth targets for the year'
Technogym S.p.A. published this content on 23 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 October 2019 12:09:05 UTC