Gym Group (GYM) 131.56pLoss to date: 4.5%In July 2024, we highlighted low-cost gym operator Gym Group (GYM) as a good risk/reward investment based on increasing like-for-like sales momentum and improving returns on investment.This has allowed the company to increase the rate of site expansion using internally-generated cashflow and to target 50 new sites over the next three years. WHAT HAS...

Full year profit beats estimates2025 profit raised to top of rangeOn track to open 50 new sitesLow-cost gym operator GYM Group (GYM) delivered full year profit ahead of consensus and raised its 2025 guidance to the top end of the previously-upgraded range.The shares, which had been weak coming into the report, falling by around a quarter to 130p, rose as much as 6% before settling down up to...

London stocks ended mixed on Tuesday, the FTSE 250 outperforming its large-cap counterpart, enjoying its best day of the year so far as UK Chancellor Rachel Reeves looked to soothe bond market nerves.The FTSE 100 index ended down 22.65 points, 0.3%, at 8,201.54. The FTSE 250 added 47.90 points, 0.2%, at 19,766.27, but the AIM All-Share lost 1.58 points, 0.2%, at 707.81.The Cboe UK 100 was down...

Full-year profit above top end of forecasts2025 profit to be above top endSite openings to accelerateLow-cost gym operator GYM Group (GYM) revealed that positive trading momentum has continued into the second half, with full-year profit now expected to be above consensus analyst estimates.Mr Market gave the pre-close trading update a thumbs-up with the shares jumping as much as 10% before...

The GYM Group (GYM) 157pGain to date: 14%Gym operator GYM Group (GYM)is showing good gains since we identified the low-cost gym specialist as an attractive risk/reward investment opportunity on 18 August. We noted the business has got itself back into shape and appears to be building strong momentum with consistent like-for-like sales growth and rising site yields amid an acceleration of new...

Low-cost gym operator Gym Group (GYM) looks to be in good shape ahead of its first-half results, due to be released 11 September.In a pre-close statement on 10 July the company raised its full-year profit expectations to the top end of market forecasts after continued positive trading.Company-compiled analysts forecasts for EBITDA (earnings before interest, tax, depreciation, and amortisation)...

GYM Group (GYM) 137.8pMarket Cap: £219.8 millionShares in low-cost, no-contract gym operator The Gym Group (GYM) are languishing 55% below pre-pandemic levels despite the firm seeing a recovery in site profitability and growing its estate by 40% since 2019.In recent months the business has got itself back in shape and appears to be building strong growth momentum with like-for-like sales...

Full year profit guidance raisedImplies 13% profit growthNew three-year banking facilityLow-cost gym operator GYM Group (GYM) said it expected to deliver results for the year to 31 December at the top end of market forecasts after a positive first half which saw revenue grow by 12% to £112.1 million.Investors welcomed the positive pre-close trading update, marking the shares 6% higher to a...

Revenue and profit ahead of expectationsAccelerated site rollout planFocus on high quality, high return site openingsContinued positive momentum saw low-cost gym operator Gym Group (GYM) deliver better than expected full year results and announce an acceleration of new site openings.Investors welcomed the upbeat outlook and new growth target with the shares trading up 5% to 115.1p, taking year...

Full year revenue beats forecastsLike for like revenue accelerating2024 site roll-out plan increasedLow-cost gym operator GYM Group (GYM) said strong first-half momentum had continued into the second half resulting in full year revenue climbing 18% to £204 million, slightly above market expectations.The revenue beat together with news that the company is accelerating its site roll-out to...

Shares in low-cost no-contract gym operator Gym Group (GYM:AIM) remain close to March 2020 lows due to a slower than expected recovery in memberships post-Covid and high utility costs.Like-for-like sales and earnings before interest, tax, depreciation and amortisation (EBITDA) remain below pre-pandemic levels. The company blames an uneven start to 2023 on macroeconomic headwinds and...

- Uneven start to trading in 2023, macro headwinds- Lower pace of new site openings- FY23 profit to be lower as cost inflation bitesLow cost, no contract gym operator The Gym Group (GYM:AIM) disappointed investors after giving a cautious outlook and reporting an 'uneven' start to trading in 2023.The company said it expected a difficult macroeconomic environment to impact consumer demand...

The idea behind value investing is to buy shares for less than they are worth in the hope they reach their so-called 'fair' value and generate a better than market return.This article explores popular yardsticks used to find value shares, explains how they are used and highlights the advantages and drawbacks.Before starting it is worth bearing in mind that none of the metrics discussed are...

Leisure and hospitality shares are trading below pre-pandemic levels but arguably the underlying fundamentals have improved. Financially strong operators have taken advantage of favourable market conditions to accelerate their expansion plans.These include Wagamama owner Resturant Group (RTN), The Gym Group (GYM:AIM), Loungers (LGRS:AIM), and Fulham Shore (FUL:AIM).Despite lingering impacts...

It's no coincidence that Christmas excess naturally gives way to resolutions of getting fit and fabulous. January is always the month when gyms get a bumper crop of sign-ups. But 2021 was different and whatever happens with Covid restrictions over the next few weeks, 2022 is shaping up in a similar vein.With fitness worth billions it's an industry lots of investors gravitate to. But the...

Hard-pressed pubs and the wider hospitality sector were among the main winners from chancellor Rishi Sunak's third budget as they were served up some notable giveaways.The wider market had a pretty muted reaction to the statement which contained relatively few surprises after several key items were trailed in advance. The FTSE 100 was broadly unchanged, although there were gains for the more...

A late move higher saw the FTSE 100 close Thursday's session up 0.26% at 7,168.55 points, the blue chip benchmark taking its cue from a strong start on Wall Street where the S&P 500 rose 0.4% to 4,541.62 by 4.30pm UK time.MELROSE ON THE MOVEEngineering firm Melrose Industries (MRO) gained 7.1% to 184.1p to top the risers on the FTSE 100 after it confirmed alongside first half results it was...

London's FTSE 100 remained flat at midday on Thursday at 7,145.94 points, with shares in mining titan BHP (BHP) down 6.3% at £20.91 as it traded without the rights to its dividend.The high-flying FTSE 250 was 0.25% lower at 24,189.71 points by lunch.CORPORATE NEWSEngineering firm Melrose Industries (MRO) gained 4% to 179p to top the risers on the FTSE 100 after it confirmed alongside first...

Shares in low cost, no contract gym operator Gym Group (GYM:AIM) gained 5% to 297.5p on Thursday after reporting a resilient first half to 30 June and confirming stronger than expected post reopening trading.The company lost over half the trading days in the first six months due to Covid-19 restrictions, resulting in revenues falling 21.4% to £29.3 million compared with 2020.Adjusted EBITDA...

Low cost gym operator The Gym Group (GYM:AIM) has raised £31.2 million via an institutional placing of 11.35 million new shares at 275p per share, at a slight discount of 3.5% to yesterday's closing price.The new shares represent around 6.8% of the existing issued share capital prior to the placing. Demand for the placing was said to be strong and oversubscribed many times. The company's...