Annual report
2016

Clubs

UP 24%
year-on-year

million

Memberships

UP 27%
year-on-year

million

Revenue

UP 28%
year-on-year

€80 million

Adjusted EBITDA

UP 34%
year-on-year

31.1

Adjusted EBITDA margin

UP 138 bps
year-on-year

€14.1 million

Adjusted earnings

UP 61%
year-on-year
Basic-Fit at a glance

Message from the CEO

2016 was the most successful year in the history of Basic-Fit. We grew by a record number of 81 clubs and achieved strong growth in results. We also strengthened our national and international headquarters to prepare ourselves for continued future growth and a listing on Euronext Amsterdam. And these are just a few of the highlights to underscore what an important year it was for Basic-Fit.

In 2016 Basic-Fit was listed on Euronext Amsterdam. A moment, after 30 years, to look back. It was with some pride that on 10 June I ceremonially sounded the gong on the Amsterdam Stock Exchange with a selection of my loyal team members, family, friends and advisors who all worked so hard to make Basic-Fit and the listing the success story that it is today. And I feel we are just getting started!

Profile

With 419 clubs, Basic-Fit is the leader in the European fitness market. In our clubs, more than 1.2 million members can work on improving their health and fitness.

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History

The group finds its origins in 1984, when René Moos started to lay the foundation of the leading fitness chain that Basic-Fit is today.

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Strategy

We aim to provide a great value-for-money fitness experience that is affordable and easy to access for families and individuals, from novice to athlete.

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Management Board Report

In 2016, we increased our network by 81 clubs to 419, which is above the original guidance of between 65-75 clubs.

Shareholder Information

The 2016 closing price for the share was €16.03, a 7% increase compared to the €15.00 per share offer price in June.

International presence

Basic-Fit is the European market leader in value-for-money fitness measured by number of clubs. We are active in five countries and operates in some of Europe's most attractive markets. You can find Basic-Fit clubs in the Netherlands, Belgium, Luxembourg, France and Spain.

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