Sats lifts second-quarter profit 21% as membership and workouts rise

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Sats lifts second-quarter profit 21% as membership and workouts rise
Photo: Stian Lysberg Solum/NTB/TT

Revenue rose 3 percent to just over SEK 1.4 billion.

During the quarter, the gym chain's members completed 3 percent more workouts and 5 percent more group training sessions compared with the same period last year.

“Autumn is an important training season, and we are entering it with high activity at our gyms and a clear goal of giving members even more value from their membership,” CEO Sondre Gravir says in the report.

The number of members increased 1 percent year-on-year to approximately 744,000.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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