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.