Actic Group Q2: Organic growth despite weather conditions – continued strong PT sales

• Net sales increased with 10 % to SEK 239.5 million (216.8)
• Adjusted EBITDA increased with 8 % to SEK 37.7 million (35.0), which gives a margin of 15.8 (16.2) %
• Earnings per share before and after dilution amounted to SEK 0.43 (-1.08)
• Number of members at the end of the period 223,907 (215,702)

In today’s interim report, Actic Group reported a growth of 10 per cent amounting to SEK 239.5 million (216.8), mostly driven by acquisitions. The organic growth was 2 percentage points. Simultaneously, average income per member increased by 3 per cent to SEK 350 (339) per month. The growth is explained by continued favourable development of the PT business, which grew with 28 per cent during the second quarter compared to the year-earlier.

The adjusted EBITDA amounted to SEK 37.7 million (35.0), including an adjusted EBITDA margin of 15.8 (16.2) per cent. Items affecting comparability amounted to SEK 0 million (15.8). As a result of acquisitions, the member base increased to almost 224,000 members at the end of the period.

”In the same way as other players in the industry, the hot weather had an adverse impact on our operations, with fewer visitors and weaker new sales. Nonetheless, we reported organic growth due to expansion the German segment and continuing strong demand for personal training in the Nordics. Furthermore, our cost control and implemented efficiency enhancements are starting to have an impact at the same time as we are investing in our offering and digitalization”, says Christer Zaar, President and CEO of Actic Group.

For further information, please contact:

Christer Zaar, CEO Actic, christer.zaar@actic.se, +46 70-893 33 22

Jörgen Fritz, CFO, jorgen.fritz@actic.se, +46 73-663 54 74

Niklas Alm, Investor Relations, niklas.alm@actic.se, +46 70-824 40 88

In a telephone conference at CET 10:00 am today CEO Christer Zaar and CFO Jörgen Fritz comments on the interim report. The telephone number is +46 8 22 90 90 and the code 426565.

A presentation will be published on www.acticgroup.com before the conference.

The information above is such that Actic Group AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07:45 CET on August 16th.

Actic (formerly Nautilus Gym) was founded in 1981 and launched the Gym & Swim club concept. The company began its international expansion in 1995 and as per 30 June 2018, Actic had 180 facilities and 224,000 members in five countries. Actic’s main markets are Sweden, Norway, Finland as well as Germany and Austria. Actic offers a well-established exercise method known as high-intensity training (HIT) and offers its members personal training programmes including follow-up sessions with trained instructors. Together with swimming, this forms the core of Actic’s offering and differentiates us in the market.

Actic’s vision is to create a healthier society by attracting a broad target group and thereby expanding the market. The facilities engage in the local community to contribute to a healthier society. Actic, which has its head office in Solna, Stockholm, has approximately 800 full-time equivalent employees and had net sales of SEK 881 million in 2017. Actic is led by its President and CEO Christer Zaar.