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SATS reports strong member growth of 8% reaching a record-high member base of 708 000 members

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SATS reports strong member growth of 8% reaching a record-high member base of 708 000 members

SATS is ending the third quarter with a record-high member base, despite a more challenging macroeconomic environment. The member base reached 708 000 members, up 8% from last year. Visits per member continue to increase, this quarter by 5% compared to the corresponding quarter of 2019.

- All SATS employees are working towards one common goal – to make people healthier and happier. The society's economic burden of physical inactivity is large. SATS’ contribution to combat inactivity is significant, which we are very proud of. Our public health mission and the financial rationale go hand in hand, says Sondre Gravir, CEO of SATS.

SATS counted 275 clubs in total by the end of Q3 2022, up 19 clubs from the corresponding quarter last year. Total revenues were NOK 967 million in the quarter, up 9% compared to Q3 2021 (excluding government compensations).

- We are happy that people seem to prioritize their own health and an active lifestyle. We see stronger sales and lower churn than in the pre-pandemic Q3 2019, despite a more challenging macroeconomic environment. SATS is unfortunately also affected by the high inflation, and especially the spike in energy prices. We have therefore implemented measures to reduce our energy consumption, which also feels like the right thing to do in the middle of an energy crisis. We have tried to do this in ways that minimize the impact on our members, says Gravir.

For more information:

- SATS Capital Markets Day

- Q3 – presentation

Aiheet


SATS ja ELIXIA yhdistyivät vuonna 2014 ja muodostivat johtavan kuntokeskusketjun, jonka visiona on vaikuttaa merkittävästi pohjoismaalaisten terveyteen ja elämänlaatuun.

SATS- ja ELIXIA-kuntokeskukset tarjoavat modernia ja toiminnallista harjoittelua, personal trainingia ja ryhmäliikuntatunteja Suomen, Norjan, Ruotsin ja Tanskan suurimmissa kaupungeissa. Pyrimme myös auttamaan jäseniämme harjoittelemaan keskustemme ulkopuolella erilaisten digitaalisten työkalujen avulla. Olemme markkinoillamme aktiivisessa roolissa innovaatioiden kehittäjänä ja lanseeraamme jatkuvasti uusia liikuntamuotoja ja uusia digitaalisia työkaluja treenin tueksi.

Yhteyshenkilöt

Tina Brodal

Tina Brodal

Lehdistön yhteyshenkilö Nordic PR Manager +47 93844171

We make people healthier and happier!

SATS group, parent company of ELIXIA, is the leading provider of fitness and training services in the Nordics with 275 clubs in Norway, Sweden, Finland, and Denmark. We have 731 000 members and 9 500 employees who is committed to motivate as many people as possible to an active lifestyle.

ELIXIA
Kielotie 1-3
01300 Vantaa
Suomi
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