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Life Fitness Continues To Grow - 2015

Life Fitness Growth Continues In 2015

Commercial fitness equipment supplier Life Fitness continues to report growth this year with net sales in the third quarter up to US$197.5 million compared to US$189 million in 2014.

The Life Fitness parent company, Brunswick Corporation in Illinois, released the sales numbers this week, reporting net sales of US$991.9 million across all of its segments in the third quarter with operating earnings of US$115.8 million.

That gives the equipment giant third quarter net sales growth of 9% in the United States at health clubs, and local and federal governments. The US market market accounted for 53% of Life Fitness sales in the third quarter, reflecting a year-on-year growth of 14%.

The European market contributed 19% of total sales, growing 9%, whilst the rest of the world (including Australia) accounted for 28% of total sales, growing 1% over that third quarter.

All regions benefited from new product introductions. The SCIFIT System acquisition in July 2015 contributed a total of 3% to the growth in the third quarter.

As a result of the release, Brunswick stock (NYSE:BC) was trading up 4.94% at midday Thursday 29th October at US$52.23 per share.

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