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Investor Presentation

Introduction & overview Financial results Strategy & outlook Conclusions Appendices Segmental performance Notes: £m 3 months ending 30 June 12 months ending 31 December 2022 2021 Change % 2021 20201 Change % United Kingdom 77 55 40% 194 142 36% Denmark 34 21 57% 90 103 (13)% Switzerland 8 6 26% 24 24 (2)% Other 0 n/a n/a Total Revenue 119 83 43% 308 270 14% United Kingdom 21 21 (1)% 44 7 492% Denmark 6 (5) n/a (5) 4 n/a Switzerland 0 n/a 1 (0) n/a Other (1) n/a 27% n/a Total Adjusted EBITDA² 26 16 58% 40 11 249% United Kingdom 27% 38% 22% 5% Denmark 16% (21)% (5)% 4% Switzerland 6% 3% 5% (0)% Other n/a n/a n/a n/a Adjusted EBITDA margin 22% 20% 13% 4% (1) The 2020 results of Poland have been excluded as the business was sold in the year & is treated as a discontinued operation in the Group financial statements. (2) In 2020 & 2021, the cash rent adjustment excludes the impact of COVID-19 rent deferments. Therefore, Adjusted EBITDA more closely reflects the underlying trading results of the Group for the period COPUREGYM Investor Presentation 25 August 2022 25
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