Norwegian gym chain Sats increased operating profit significantly during the fourth quarter, from 123 million Norwegian kronor in 2023 to 181 million Norwegian kronor last quarter.
This while total revenues rose from 1.2 to 1.3 billion.
For the Swedish section of the business, the number of members decreased slightly, from 249,000 to 248,000 members, as did operating profit (totaling 38 million), but total revenues increased and accounted for 34 percent of the company's revenues.
