Luke Tate
Chief Financial Officer
Replay available
The Gym Group plc (GYM) Q2 2026 Earnings Call
The Gym Group plc (LSE: GYM) Q2 2026 earnings conference call, held 2026-09-09. Replay captured from the company's public earnings webcast.
Investor webinar replay
Meeting Overview The meeting focused on the GYM Group's half-year financial results for 2026, highlighting strong performance metrics, growth strategies, and future plans for expansion. The CFO presented detailed financial data, including revenue growth and membership increases, while also discussing cost management and cash flow. Key Discussion Points - Overview of the GYM Group's performance in the first half of 2026. - Financial highlights, including a 10% increase in revenue and a 5% increase in average membership. - Discussion of the next chapter growth plan, emphasizing the rollout of new gyms. - Detailed financial metrics, including EBITDA growth and adjusted profit before tax. - Insights into cost management, particularly in site costs and energy efficiency initiatives. - Future expectations for gym openings and capital expenditure. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Continue to monitor and report on the performance of...
Latest press releases
- LSE:GYM — Transaction in Own Shares · Mon, Oct 5, 2026
- LSE:GYM — Admission to Trading · Thu, Oct 1, 2026
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Replay transcript excerpt
Speaker 1: Good morning and welcome to the 2026 Speaker 1: half-year results presentation Speaker 1: for the GYM Group. Speaker 1: Thank you for making time to join us in the room and on the dial-in. Speaker 1: After the presentation, we'll take your questions in the room 1st and then from the webcast. Speaker 1: Our CFO Luke Tate and I will be doing the presenting today. Speaker 1: And here's what we plan to cover. I'll start with an overview before handing to Luke to share our 2026 Speaker 1: 0.5 year financial results. Speaker 1: I'll then provide a further progress report on our next chapter growth plan and summarise before taking your questions. Speaker 1: So, starting with the overview. Speaker 1: I'm pleased to report a strong performance for the 1st 0.5 of 2026. Speaker 1: Average membership was up 5%, Speaker 1: with revenue for the period up 10%, 3% on a like-for-like basis. Speaker 1: With this revenue growth and continued cost discipline, Speaker 1: EBITDA less normalised rent was up 12% Speaker 1: to £30.8 Speaker 1: million. Speaker 1: The market remains highly attractive. Speaker 1: UK gym penetration Speaker 1: has reached another new high at circa 18% Speaker 1: with high value low cost gyms continuing to grow share. Speaker 1: Within our next chapter growth plan, we continue to strengthen the core, supporting further progress in mature site performance and heroic. Speaker 1: And we continue to accelerate the rollout of quality new sites. Speaker 1: We expect to open at least 20 gyms in 2026, Speaker 1: all funded from free cash flow. Speaker 1: So, we've maintained strong momentum through the 1st 0.5 and remain confident as we look to the full year 26 and beyond. Speaker 1: I'll now hand over to Luke for the financial results. Speaker 2: Thank you, ...