Press Releases

Change initiatives impacted quarterly earnings - enhanced customer focus for profitable growth has highest priority

In today’s Year-end report, Actic Group reported a growth of 7 % for the full year 2018. The adjusted EBITDA amounted to SEK 142.2 million with a margin of 15.1 %. The average income per member and month (ARPM) increased by 2 % to SEK 346.

”We have started change initiatives that impacted earnings by SEK 10 million in the fourth quarter. The underlying operation’s financial trend is in line with the previous year, which is unsatisfactory given the acquisitions that were made. To drive a customer-focused agenda moving forward that

strengthens our member base and gives profitable growth has highest priority”, says Anders Carlbark, President and CEO of Actic Group.

From the first of January the operations in Norwegian Asker Treningssenter, which operates three very attractive clubs in the Oslo area with about 5,000 members, is consolidated and giving us a stronger platform in the Norwegian market. Furthermore, Actic has opened a new club in Leksand during January and will open a new club in Mora and a fourth club in Södertälje during April.

For further information, please contact:

Anders Carlbark, VD, [email protected], +46 72 980 53 94

Niklas Alm, Investor Relations, [email protected],+46 70 824 40 88

The information above is such that Actic Group AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07:45 CET on February 14th.