 FIRST THREE MONTHS HIGHLIGHTS - Number of clubs in the network was unchanged in the quarter at 905; an increase of 77 clubs year on year - Number of memberships decreased by 10% in the first quarter to 1.80 million (Q4 2020: 2.00 million) - Revenue of € 10.7 million (Q1 2020: €137.5 million) with 94% of our clubs being closed due to government measures - €37 million investments in the installation of smart camera systems, club layout improvements, software and new product development and expansion capex - €142 million liquidity available at quarter end OUTLOOK 2021 - Current government roadmaps indicate possible reopening of our clubs in the Netherlands on 11 May and in Belgium and France shortly thereafter - Our clubs can reopen with strict protocols offering our members a safe place to work out in, as soon as government measures for fitness clubs are lifted - When we have reopened our clubs and have more visibility on the development of COVID-19 and memberships, we will update the market on our expectations regarding club openings for 2021 and 2022 Lees het volledige rapport hier: 
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Oktober 2022
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