Press Releases

Actic Group Q2: Organic growth despite weather conditions - continued strong PT sales

In today’s interim report, Actic Group reported a growth of 10 per cent amounting to SEK 239.5 million (216.8), mostly driven by acquisitions. The organic growth was 2 percentage points. Simultaneously, average income per member increased by 3 per cent to SEK 350 (339) per month. The growth is explained by continued favourable development of the PT business, which grew with 28 per cent during the second quarter compared to the year-earlier.

The adjusted EBITDA amounted to SEK 37.7 million (35.0), including an adjusted EBITDA margin of 15.8 (16.2) per cent. Items affecting comparability amounted to SEK 0 million (15.8). As a result of acquisitions, the member base increased to almost 224,000 members at the end of the period.

”In the same way as other players in the industry, the hot weather had an adverse impact on our operations, with fewer visitors and weaker new sales. Nonetheless, we reported organic growth due to expansion the German segment and continuing strong demand for personal training in the Nordics. Furthermore, our cost control and implemented efficiency enhancements are starting to have an impact at the same time as we are investing in our offering and digitalization”, says Christer Zaar, President and CEO of Actic Group.

For further information, please contact:

Christer Zaar, CEO Actic, [email protected], +46 70-893 33 22

Jörgen Fritz, CFO, [email protected], +46 73-663 54 74

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

In a telephone conference at CET 10:00 am today CEO Christer Zaar and CFO Jörgen Fritz comments on the interim report. The telephone number is +46 8 22 90 90 and the code 426565.

A presentation will be published on www.acticgroup.com before the conference.

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 August 16th.