PureGym has said it plans to keep expanding with new gyms after opening 40 across the UK over the past year. It came as the gym operator said the new sites helped drive a rise in revenues in 2023 amid a “challenging” economic backdrop for the business and customers.
00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.
00:07Here are your business headlines for this morning.
00:09The gym operator Pure Gym said it plans to keep expanding with new gyms after opening 40 across the UK over the past year.
00:18It came as a gym operator said the new sites helped to drive a rise in revenues in 2023 amid a challenging economic backdrop for business and customers.
00:28The leisure company revealed that revenues grew by 15% to £549 million for the year compared with 2022.
00:36He said he also benefited from a rise in membership, which increased 11% across the business with 16% growth in the UK.
00:44So positive update this morning from Pure Gym.
00:47So it plans to keep expanding across the UK.
00:50My name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.
