Home > Technogym: Revenue growth in Q1 2016
Wednesday, May 11, 2016 - 20:26

Cesena (Italy), 11 May 2016 - The Board of Directors of Technogym (MTA: TGYM), one of the leading international operators in the fields of fitness and wellness, today approved the Group’s interim consolidated revenues statement for the first quarter of 2016, prepared in accordance with the International Financial Reporting Standards issued by the International Accounting Standards Board.
Nerio Alessandri, Chairman and CEO, commented: "Building on our strong growth in 2015, we saw a continued trend of double-digit growth in the first quarter this year that went beyond our expectations. We are particularly pleased with these results in an international context of high volatility and economic slowdown in various geographic regions. As well as focusing on the business over the quarter, Technogym has maintained its brand positioning as a point of reference for wellness, health, fitness and sport. In a few months’ time, we will be taking part in the 2016 Summer Olympics in Rio as the Official Supplier.”