Fitness First shapes up for bright future

Article Abstract:

Fitness First is a fitness and health club operator seeking to become a major player in the United Kingdom. The company has 14 clubs open in Oct 1997 and aims to have 25 clubs open in Oct 1998. Fitness First's turnover could rise to some 75 million pounds sterling by 2004, while profits could reach 18 million pounds sterling. The company's profit is forecast at 1.34 million pounds for 1997 and 2.4 million pounds for 1998 by Henderson Crosthwaite.

Management, Fitness First

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Chance of a gain without the pain

Article Abstract:

Two shrewd fund managers have invested in UK leisure firm LA Fitness, despite the concerns voiced recently by broker Collins Stewart over the outlook for the firm. Fund managers Ashton Bradbury and Colin McLean are more optimistic about LA Fitness's growth prospects.

Membership sports & recreation clubs, Other Amusement and Recreation Industries, Investments, Sports clubs, Bradbury, Ashton, Old Mutual UK Select Smaller Companies, McLean, Colin

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LA Fitness

Article Abstract:

UK health club operator LA Fitness is enjoying strong growth and its shares seem to be a good defensive buy. LA Fitness has a strong brand, and is increasing both the number of members and the amount spent by members.

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