Investor Presentation
Introduction & overview
Financial results
Strategy & outlook
Conclusions
Appendices
Capital expenditure
Momentum building in capital deployment
• £17m of expansionary capex in Q2 2022 with 9 new corporate owned site openings.
·
£7m spend on maintenance & refurbishment works across estate
£m
02 2022 02 2021
Expansionary capital expenditure
16.5
10.2
Maintenance & refurb capital expenditure
7.4
4.2
Total capital expenditure
23.9
14.4
Key trends
• Some increases in lead times on equipment & key construction items impacting both new
site openings & refurbishments
Ongoing cost inflation is being carefully managed, with a sharp focus on value engineering
to limit impact
Good sites in good locations are frequently contested but PureGym's strength increasingly
recognised by landlords
PUREGYM
Investor Presentation 25 August 2022 7View entire presentation