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IPO Basic-Fit
Euronext Amsterdam welcomes Basic-Fit
Euronext welcomes Basic-Fit (ticker symbol: BFIT), the European market leader in the ‘’value-for-money’’ fitness market, to the Amsterdam exchange. CEO René Moos sounds the gong and opens trading in the Basic-Fit share.
Basic-Fit is active in some of Europe's most attractive markets, with more than 350 clubs in the Netherlands, Belgium, Luxembourg, France and Spain. With around 2,800 employees, Basic-Fit operates a straightforward membership model, offering uncomplicated, essential and effective fitness experiences that are both affordable and easy to access for everyone. Building on the longstanding expertise, Basic-Fit combines a flexible low-cost membership model with high-quality fitness equipment and technology, virtual and live group lessons and shareable family passes. Over 2015 Basic-Fit generated a revenue of EUR 202.2 million and an adjusted EBITDA of EUR 60.1 million.
For more information: www.basic-fit.com