Belfast Telegraph

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Gym Group beefs up membership amid £9m profits forecast

The Gym Group continues to flex its muscles and cash in on the growing trend among Britons to get fitter.

The company reported a 19.4% surge in members over the first half and now has 424,000 people on its books.

Chief executive John Treharne said: "This is another strong performance underlining the strength of our business model, the power of our low-cost proposition and the success of our rollout."

Mr Treharne added that the Gym Group is on track to meet full-year expectations, with analysts pencilling in pre-tax profits of up to £9 million.

Last year, the firm recorded an adjusted pre-tax profit of £5.3 million on sales of £60 million.

The group, which listed on the stock market in November, opened six new gyms in the period, four of them within the M25.

The firm also announced a raft of board changes. David Kelly, founder of, has been appointed independent non-executive director and chief operating officer Jim Graham has announced that he will step down.

Former Mothercare man Nick Henwood has been drafted in to the role of operations director.


From Belfast Telegraph