Oddo BHF - Basic-Fit NV (BFIT) Basic-Fit N.V. : 1,510 clubs, 4m+ members and revenue of € 290m expected in Q1 2024

Report

Oddo BHF

Robert Jan Vos

Basic-Fit N.V. : 1,510 clubs, 4m+ members and revenue of € 290m expected in Q1 2024

>Growth in clubs, members and revenue seen skewed to H1 2024 - Basic-Fit is set to report its Q1 2024 trading update on 26 April at 07:30. In its Q1 and Q3 updates, Basic-Fit only reports on the number of clubs, memberships, revenue and yield only. Furthermore, Basic-Fit does not host a conference call following its Q1 and Q3 updates. Including the 47 Spanish clubs acquired from RSG Group on 27 March, we forecast 1,510 clubs (+19.1%), or well on track to achieve 1,575...

19/04/2024 1 EN

Underlying

Basic-Fit NV

Basic-Fit NV is an operator of fitness centers based in the Netherlands. The Company operates more than 350 fitness clubs in the Netherlands, Belgium, France and Spain.

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NL0011872650 Euronext Amsterdam Netherlands

Provider

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Robert Jan Vos

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Basic-Fit N.V. : 1,510 clubs, 4m+ members and revenue of € 290m expected in Q1 2024

ODDO BHF Small & MIDCAP MORNING NEWS - 04/29/2024

ODDO BHF Small & MIDCAP MORNING NEWS - 29/04/2024

Basic-Fit N.V. : Solid Q1 2024 update on most lines; estimates in line with new guidance

RATIONAL AG : Good start to the year – Q1 EBIT above expectations- 2024 outlook confirmed

Novo Nordisk : La franchise Diabète mène la danse

Capgemini : Satisfactory Q1 2024 revenue. FY 2024 guidance reiterated, but the upper end of the range now looks challenging

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