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Gym Group – interims, how well positioned to ‘take advantage of growth opportunities’?…

By Steve Moore | Tuesday 12 September 2023

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Self-described “leading low cost gym operator” with 230 sites across the UK, Gym Group (GYM) has announced results for the first half of the 2023 calendar year including emphasising “the actions we have taken to strengthen management, our financial position and the group's customer proposition will enable us to continue to take advantage of the many growth opportunities”. So what of a currently slightly further down to 111.8p share price, comparing to above 140p even early this year?
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