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Gym Group PLC on Tuesday said it expects its full year results to come in ‘slightly above’ the top end of current forecasts as it accelerated its site openings programme and set out plans for a £10 million share buyback. The London-based gym operator said in 2025, revenue rose 8.2% to £244.9 million from £226.3 million, with like-for-like revenue growth of 3% on-year. The average number of members climbed 4.3% to 945,000 from 906,000, and average revenue per member per month was 3.8% higher at £21.60 from £20.81. The firm said it closed the year with 923,000 members, up 3.6% from 891,000 a year prior. Gym Group said it opened 16 new sites in the year, at the top end of the projected range between 14 and 16, taking its total number of sites to 260. It now expects adjusted earnings before interest, tax, depreciation and amortisation less normalised rent to be slightly above the top end of the current group-compiled analyst consensus range between £52.5 million and £54.9 million. The company said it is ‘taking this momentum into 2026’ and expects that 2026 adjusted Ebitda less normalised rent will also be slightly above the top end of the current analyst consensus range of between £55.2 million and £59.3 million. It reported adjusted Ebitda less normalised rent of £47.7 million in 2024. Gym Group said it is accelerating its new site openings programme and now expects to deliver around 75 new sites over the next three years, with 20 in 2026 alongside the ongoing reinvestment programme in its existing estate and technology platforms. It said the board has also determined that there is surplus financing capacity, and said it intends to start a share buyback programme of up to £10 million in due course. The programme is expected to be completed by the end of 2026. Gym Group will publish its 2025 results on March 11. ‘This has been another year of strong progress for the group... Our next chapter growth strategy is delivering, and we see significant opportunities ahead in a market with structural growth tailwinds,’ said Chief Executive Officer Will Orr. ‘We entered the key new-year member recruitment period well prepared, and our high value, low cost offering, enabled by an advantaged business model, continues to resonate strongly with consumers. In addition, we are generating strong free cashflow that supports returning surplus capital to shareholders while maintaining the financial strength to invest in the group’s long term growth.’ Shares in Gym Group were up 2.0% at 159.06 pence on Tuesday morning in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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