Net income attributable to shareholders was up 75% to €63,065,000 ($72.1 mm) in 2021 from €36,004,000 on 20% higher revenues of €611,412,000 ($698.8 mm) up from €509,679,000. The home fitness segment gained 18% to €181.7 million as demand continued despite recovery in gyms and health clubs as pandemic restrictions eased. The return to gyms saw the commercial segment bounce back 21% to €429.7 million on strong H2 performance, and commercial is now tracking above pre-pandemic levels.

All geographies posted double-digit growth for the year, bolstered by the commercial segment recovery, particularly in key accounts in Club and Hospitality, save for the ... Log in to view full article.