A GROWING MARKET FOR LOW COST GYMS
The UK health & fitness market continues to grow with 15.6% of the UK population now a member of a gym. This growth is being led by the low cost gym sector which is introducing new people to gym membership for the first time every year. There remains a significant opportunity for further growth with the number of low cost gyms in the UK forecast to almost double by 2026.
PROVEN BUSINESS MODEL ENABLED BY TECHNOLOGY AND ECONOMIES OF SCALE
Our technology-led business model has re-engineered the traditional gym operating model, removed costly underused facilities and enabled us to offer a high quality gym experience at a very low price.
STRONG RETURN ON CAPITAL
We continue to use the increasing scale of our Company to drive cost efficiencies across the entire business, enabling us to deliver great value to our members as well as a strong financial return to shareholders. We deliver a return on capital in our mature estate of more than 30%.