Full Year 2022 GYM Group PLC Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to -- the Gym Group full year results presentation -- by way of introduction, we're going to take you through 3 aspects this year. Firstly, the year in review and take you through the post pandemic recovery. Full year sales delivering GBP 38 million of EBITDA less normalized rent. Very excitingly, 28 new openings during the year, which is the highest number of gyms that we've ever opened in our history. A new brand transformation has been completed throughout the whole estate, which has been driving January and February trading. And we've also introduced a new digital platform and app I'm also really excited to announce that we're the first U.K. carbon-neutral gym chain. The second part that we're going to cover is the current year outlook. Obviously, we're facing difficult times the macroeconomic challenges, but we're going to take you through the endeavors that our team are taking to improve the current situation. And we'll also be taking you through the fact that revenue increase is
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