1) Strong Financial Performance - Revenue increased by 18% YoY to €800 million. - Underlying EBITDA less rent rose 36% YoY to €204 million. - Net profit improved to €24 million, compared to a loss of €8 million in the first half of 2025. - Free cash flow turned positive at €25 million, a significant improvement from a negative €57 million in the previous year.

2) Club and Membership Growth - Total club network grew 35% YoY to 2,190 clubs, with 1,700 being Basic-Fit branded clubs (up 4% YoY). - Membership base reached 6.1 million, a 34% YoY increase, with 5.1 million memberships in Basic-Fit clubs (up 13% YoY). - Average members per Basic-Fit club increased by 8% YoY to 3,000.

3) Strategic Developments and Acquisitions - The acquisition of Wellyou is expected to close in Q3 2026, adding 41 clubs and 110,000 members. - The company is focusing on a multivertical growth strategy, combining organic growth, inorganic growth through acquisitions, and franchising. - Basic-Fit is enhancing its brand and operational efficiency, with a new club design being rolled out to improve member experience.

4) Operational Improvements and Cost Control - Cost control measures have contributed to improved profitability, with a focus on procurement and operational excellence. - Maintenance CapEx was €54 million, with expectations to maintain around €60,000 per club for the full year. - The company is optimizing its overhead costs, which are expected to decrease in the second half of the year.

5) Guidance and Outlook - Basic-Fit confirmed its revenue guidance for 2026 at €1.64 billion to €1.69 billion and raised its underlying EBITDA less rent guidance to €430 million to €460 million. - The company anticipates a significant improvement in free cash flow in the second half of the year, driven by higher EBITDA and lower club openings. - There is an ongoing focus on integrating Clever Fit and expanding franchise operations, though specific guidance on franchise growth remains limited.

Bottom line: Basic-Fit is demonstrating robust growth across key metrics, supported by strategic acquisitions and operational improvements. The company is well-positioned to meet its financial guidance, making it an attractive prospect for shareholders seeking growth in the fitness sector.