The Technogym Board of Directors reviewed the consolidated revenues of the first nine months of 2022
Technogym grows by 17%
- CONSOLIDATED REVENUE: Euro 498,7 million (+17,4%), compared to Euro 424,8 million of the first nine months of 2021.
- Strong growth confirmed in BtoB (+30,3% at Euro 380,5 million in the period)
Nerio Alessandri, Chairman and CEO, commented:
“The results of the first nine months of 2022 continue to confirm our path of sustainable, profitable and long-term growth.
Technogym, by leveraging research and innovation, continues to develop its ecosystem, to make it stronger and unique with the goal of offering people the Technogym experience anytime and anywhere.
Globally, health, sport and wellness are strong consumer macro-trends and key priorities for governments and corporations. This scenario provides Technogym the opportunity to realize its vision and be the only end-to-end wellness solution provider in the world.
Technogym confirms its positioning as a prestige and aspirational brand and the acceleration of consumer awareness starting from the US market.
In the field of sport, Technogym is once again asserting itself as the reference brand for champions: the Technogym Village headquarter will, in fact, be the finish line of the time trial stage of the Giro d'Italia 2023, scheduled for May 14, 2023. Looking to the future, the current uncertainties in the macroeconomic framework are not impacting people's demand for health and wellness, as witnessed by an order intake that didn't slow down during the year and which makes us confident for the next months.”
Cesena (Italy), November 3rd 2022 – The Board of Directors of Technogym (MTA: TGYM), a globally leading company operating in the fitness equipment area and active in the broader wellness sector, has reviewed today the consolidated revenues of the first nine months of 2022.
