Gym Group reports stronger-than-expected reopening; seasonal norms to return | 26 May 2021
26 May 2021 | 09:22am StockMarketWire.com - Low cost gyms operator The Gym Group said performance since reopening had been than expected, and estimated that trading would return to seasonal norms over the quieter summer months. Since reopening gyms, total membership has increased from 547,000 at the end of February 2021 to 729,000 by 24 May 2021 versus 794,000 in December 2019. 'Our expectation is that over the next three months we will trade more in line with seasonal norms,' the company said. 'The summer months are historically quieter times for gyms and as a result we tend to see limit...