The Board of Directors of Technogym examined the consolidated revenues for the first three months of the 2024 financial year. Total revenues for the financial year amounted to 187.5 million euros, an increase of +7.4% (+8.3% at constant exchange rates) compared to the same period of 2023 thanks to well-balanced growth between the BtoB and BtoC segments, the latter driven by both European and American consumers. It is important to note that the growth is global, with revenues increasing in almost all major geographical areas, particularly in the Middle East and North America.
Thus the CEO Nerio Alessandri: “Technogym continues to grow also in the first quarter of 2024, compared to the already very positive data of the same period of 2023. This is a further confirmation of our strategy which, starting from the Technogym Digital Ecosystem, based on artificial intelligence, it allows us to offer consumers unique and personalized experiences and operators the possibility of implementing new business models and leveraging new trends, such as health, which is developing rapidly all over the world. There are just a few weeks left until the Paris 2024 Olympics which will see Technogym engaged for the ninth time as the official and exclusive supplier of the Games, another milestone in our history, which consolidates the aspirational positioning of the brand towards athletes, sector operators and consumers. Our focus on growth has always combined with attention to sustainability starting from our commitment to spreading wellness and health as a social opportunity. In this context, we are particularly proud of the recent promotion to A rating by MSCI ESG Research”.
