Technogym achieves first-half revenues and profits

Technogym's first half of the year runs smoothly. The company posted double-digit growth for the first six months of the year. Consolidated revenues amounted to EUR 458.8 million (+14.1% compared to EUR 402.1 million in H1 2024 and +14.4% at constant exchange rates). Adjusted ebitda amounted to EUR 84.8 million (+27.2% compared to EUR 66.7 million in H1 2024) while net profit adjusted was EUR 43.6 million (+34.4% compared to EUR 32.5 million in the first six months of last year). When it comes to the net financial position, it is positive at EUR 84.1m as at 30 June 2025. The pre-tax recurring free cash flow was 70.7 million with a recurring cash conversion rate of 86 per cent.

"After an excellent 2024, Technogym continues to grow in the first half of 2025," commented Nerio Alessandri, president and CEO. "Wellness, health and the quest for healthy longevity increasingly represent priorities for people, companies and governments. Despite the uncertain global geopolitical situation, Technogym continues to promote wellness through innovation at 360 degrees: from the ecosystem, to products based on artificial intelligence, content and precision training programmes, through engaging digital services for users and operators. Technogym's strategy aims to offer dedicated solutions capable of covering the various needs: from fitness for those seeking physical fitness and social interaction, to sport for those who want to improve their athletic performance, to wellness for users who embrace a balanced lifestyle, to healthness for those who want scientifically prescribed exercise-therapy. In 2025," Alessandri concluded, "we have continued to position our AI-based products such as Technogym Checkup and Biostrength globally and to invest in the long term with the launch of new products, such as Technogym Reform, which allows us to enter a discipline, pilates, that is growing rapidly globally and Artis Luxury to offer the premium segment a new opportunity for differentiation. Building on these solid results and the intense calendar of activities planned for the coming months, such as the Milan Cortina 2026 Olympics, we look to the future with confidence and continue to create value for all stakeholders, first and foremost by contributing to healthy longevity".