Oddo BHF - Basic-Fit NV (BFIT) Basic-Fit N.V. : Flexed and fit - Q3 trading update reinforces our investment confidence

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Oddo BHF

Robert Jan Vos

Basic-Fit N.V. : Flexed and fit - Q3 trading update reinforces our investment confidence

>Key metrics in line with our projections for Q3 2024 - Basic-Fit's trading update for Q3 2024 showed key performance indicators that aligned closely with our forecasts. As of the end of Q3, the company operated 1,570 clubs (ABNe: 1,566), and had 4.2m memberships (ABNe: 4.22 m). Basic-Fit generated € 307m in revenue in Q3 (ABNe: € 310m). The average revenue per member per month was € 23.86, in line with our projections.Positive membership trends in France...

22/10/2024 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. : Flexed and fit - Q3 trading update reinforces our investment confidence

ODDO BHF Small & MIDCAP MORNING NEWS - 22/10/2024

ODDO BHF Small & MIDCAP MORNING NEWS - 10/22/2024

Imerys : Towards an epilogue of asbestos litigation and get back to the essentials

Imerys : Vers l’épilogue de l’amiante et le retour à l’essentiel

Vontobel : La 5e banque privée suisse avec une croissance attrayante

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