Tuesday, May 14, 2019 - 14:22

TECHNOGYM: SALES GROW

  • CONSOLIDATED REVENUE: Euro 131.5 milioni, +5,4% Vs first quarter of
    2018
  • Strong growth in Nord America (+25%) and China (+16%)

Nerio Alessandri, Chairman and CEO, commented:

“Following the 2018 good performance, Technogym grows more than the market in the first quarter of 2019. We continue to grow in Europe, the most important geographic area in terms of volumes, and, at the same time we record strong growths in hi-potential areas such as North America (+25%) and China (+16%).

The 360° innovation, from product, to service, to ecosystem, based on our Mywellness digital platform, continues to represent our strategic priority. In line with the activities we have started in 2018, in 2019, our TECHNOGYM 4.0 project will be at full steam and involve all the company areas with further investments focused at the development of new programs and “training experiences”,leveraging our connected smart equipment and digital ecosystem.

Moreover, thanks to our innovative Technogym Live platform, previewed during this quarter, we will be able to offer consumer, on Technogym’s equipment consoles, via streaming, their favorite trainers classes and programs at home, at the gym, in hotel, at work.

The result of the first quarter, despite being the least significant of the year due to business seasonality, makes us confident to achieve our yearly goals”.