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Basic Fit NV (BFIT.AS)

BFIT.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Basic Fit Signs Partnership With Heroic Sport
Thursday, 21 Mar 2019 

March 21 (Reuters) - BASIC FIT NV ::ANNOUNCES A PARTNERSHIP IN FRANCE WITH HEROIC SPORT, BY LASS.  Full Article

Basic Fit Says Eric Wilborts Sells His Entire Stake
Friday, 8 Jun 2018 

June 8 (Reuters) - BASIC FIT NV ::ERIC WILBORTS SELLS HIS ENTIRE STAKE IN BASIC-FIT.ERIC WILBORTS HAS SOLD HIS 5.9% STAKE IN BASIC-FIT'S OUTSTANDING SHARE CAPITAL..PLACEMENT WAS CARRIED OUT THROUGH ACCELERATED BOOKBUILD OFFERING TO INSTITUTIONAL INVESTORS AT PRICE OF €26.75 PER SHARE.  Full Article

Basic Fit Q1 Group Revenue Up At 92.6 Million Euros
Monday, 23 Apr 2018 

April 23 (Reuters) - BASIC FIT NV ::Q1 NUMBER OF CLUBS 533 VERSUS 440 YEAR AGO.Q1 TOTAL NUMBER OF MEMBERSHIPS INCREASED BY 24% YEAR ON YEAR TO 1.65 MILLION.Q1 GROUP REVENUE INCREASED BY 20% YEAR ON YEAR TO €92.6 MILLION.WE ARE CONFIDENT TO GROW OUR NETWORK BY AROUND 100 CLUBS IN 2018 AND ONWARDS..IN THE SECOND HALF OF THE YEAR THE NUMBER OF CLUB OPENINGS WILL BE AROUND 55 CLUBS.  Full Article

Basic Fit FY Adjusted EBITDA Up At 100.5 Million Euros
Tuesday, 13 Mar 2018 

March 13 (Reuters) - BASIC FIT NV ::FY ADJUSTED EBITDA EUR 100.5 MILLION VERSUS EUR 80.4 MILLION YEAR AGO.FY TOTAL REVENUE EUR 326‍​ MILLION VERSUS EUR 258.6 MILLION YEAR AGO.FY NET PROFIT EUR 11.1‍​ MILLION VERSUS LOSS OF EUR 32.4 MILLION YEAR AGO.END-FY TOTAL NUMBER OF MEMBERSHIPS INCREASED TO 1.52 MILLION (UP 26% YEAR ON YEAR) ‍​.END-FY NUMBER OF CLUBS 521‍​ VERSUS 419 YEAR AGO.UNCHANGED TARGET OF RETURN ON INVESTED CAPITAL ON MATURE CLUBS OF AT LEAST 30%‍​.AIMS TO OPEN AROUND 100 CLUBS IN 2018.VAST MAJORITY OF THE NEW CLUB OPENINGS IN 2018 IS EXPECTED TO BE IN FRANCE‍​.NET DEBT WAS €282 MILLION AT YEAR-END 2017, COMPARED TO €206 MILLION AT YEAR-END 2016‍​.IFRS 15 IMPACT ON REVENUE IS EXPECTED TO BE NEGATIVE FOR AN AMOUNT OF BETWEEN €3 MILLION AND €4 MILLION IN 2018.IFRS 15 IMPACT IMPACT ON NET PROFIT FOR 2018 IS EXPECTED TO BE BETWEEN €2.3 MILLION AND €3.0 MILLION NEGATIVE, BASED ON AN EFFECTIVE TAX RATE OF 25%.IN THE MEDIUM-TERM AIMS TO ACHIEVE AN AVERAGE ANNUAL REVENUE GROWTH OF AT LEAST 20% WITH OPERATING LEVERAGE.IN THE MEDIUM-TERM AIMS TO ACHIEVE MODEST ANNUAL LIKE FOR LIKE GROWTH.  Full Article

Basic Fit 9-month group revenue up at 238 million‍​ euros
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - BASIC FIT NV ::9M GROUP REVENUE INCREASED BY 26% YEAR ON YEAR TO €238 MILLION‍​.9M NUMBER OF MEMBERSHIPS INCREASED BY 25% YEAR ON YEAR TO 1.47 MILLION.ON TRACK TO DELIVER 100 NET CLUB OPENINGS IN 2017.  Full Article

Basic Fit H1 adjusted EBITDA increased by 23 pct to 45.5 million euros
Friday, 11 Aug 2017 

Aug 11 (Reuters) - BASIC FIT NV ::H1 REVENUE INCREASED BY 26% TO €156 MILLION (H1 2016: €124 MILLION).H1 ADJUSTED EBITDA INCREASED BY 23% TO €45.5 MILLION (H1 2016: €37.2 MILLION).H1 ADJUSTED NET EARNINGS WERE €10.3 MILLION (H1 2016: €2.7 MILLION).47 NET CLUB OPENINGS YEAR TO DATE, GROWING NETWORK TO 466 CLUBS (UP 11% IN H1 2017 AND 27% YEAR ON YEAR).H1 TOTAL NUMBER OF MEMBERSHIPS INCREASED TO 1.36 MILLION (UP 13% IN H1 2017 AND 22% YEAR ON YEAR).REMAINS CONFIDENT TO GROW ITS NETWORK BY AROUND 100 CLUBS IN 2017 AND ONWARDS‍​.MID-TERM OUTLOOK: UNCHANGED TARGET OF RETURN ON INVESTED CAPITAL ON MATURE CLUBS OF AT LEAST 30%.EXPECTS TO BENEFIT FROM OPERATING LEVERAGE AND ADJUSTED EBITDA GROWTH TO ACCELERATE IN THE SECOND HALF OF 2017‍​.  Full Article

Basic Fit Q1 group revenue increased by 27% year on year to €76.9 million
Thursday, 11 May 2017 

May 11 (Reuters) - BASIC FIT NV ::Q1 GROUP REVENUE INCREASED BY 27% YEAR ON YEAR TO €76.9 MILLION.SAYS ON TRACK TO DELIVER 100 CLUB OPENINGS IN 2017.Q1 NUMBER OF MEMBERSHIPS INCREASED BY 24% YEAR ON YEAR TO 1.33 MILLION.Q1 NUMBER OF CLUBS IN THE NETWORK INCREASED BY 21 TO 440.  Full Article