Technogym runs, revenues at 215 million (+14.7%) in Q1

Technogym's quarterly results were in good shape, continuing its double-digit growth with consolidated revenues in the first quarter of €215 million and +14.7% compared to the same period of 2024 (+13.8% at constant exchange rates) thanks to well-distributed growth in both the commercial (BtoB amounting to €167.7 million, +15.6% compared to 2024) and consumer (BtoC, amounting to €47.2 million, +11.5% compared to the same period of the previous year) segments.

It is important to note that growth is global, with revenues increasing across all major geographies. Europe remains the priority (over 103 million +17.5% over Q1 2024), followed by America (35.7 million, +28.3%) and the Meia region (Middle East-India-Africa, 28 million, +10.5%). Apac (Asia Pacific at 26.5 million, +1.9) was stable, while Italy, with 20.7 million, grew by 5 per cent year-on-year.

With reference to the analysis of turnover by sales channel, the performance of the Field Sales channel is highlighted, due not only to a more capillary coverage of the territory but also to improved productivity. The contribution of Technogym's partner distributors is positive and the success of the Group's retail strategy is confirmed, which last year saw an increase in the number of direct shops with boutiques in Paris, London and New York.

"After a 2024 in double-digit growth," said Nerio Alessandri, chairman and CEO, "Technogym continues to grow in the first quarter of 2025 in all geographies. The sustainable, profitable long-term growth path and investments over 40 years of innovation are bringing tangible results. Technogym is now a true 'Lifescience Company' in terms of skills and technology, capable of proposing and riding its new vision of Healthness, a concrete response to the current potential scenario, which allows hyper-personalised exercise programmes to be scientifically prescribed based on individual needs and goals, in line with the strong demand for health and healthy longevity. In addition to the numerous novelties launched in 2024, such as Technogym Checkup, product innovation continues, which in recent weeks has seen the launch of Technogym Reform, the Pilates revolution, which introduces design and quality to a discipline that is experiencing a moment of great success globally".