Viva Leisure's CEO to present strategic insights

Viva Leisure (ASX:VVA) announced that CEO and Managing Director Harry Konstantinou will present at the Morgans Emerging Leaders Afternoon Conference in Melbourne. Viva Leisure, a leading provider of health and fitness clubs in Australia, operates the second-largest network of fitness locations in the country, with 410 sites. The company aims to connect more Australians with a healthier lifestyle.

Viva Leisure's strategic growth and future outlook

Viva Leisure is expanding its footprint in the Australian fitness market, operating 410 locations and holding a 34% ownership in Boutique Fitness Studios. The company has shown consistent growth in membership, with an 8.3% increase and 7.8 million member visits in Q1-FY2025. Viva Leisure's strategy involves opening new locations every 14 days and boosting non-membership income through initiatives such as the Supp Society online supplement store. Financial performance has been robust, with revenue and EBITDA growing significantly from FY2020 to FY2024. Technological innovations like VivaPay and Hub technology licensing are expected to contribute to future growth. The company plans to introduce new products like VivaPass and expand its vending machine network and digital signage. These efforts underscore Viva Leisure's commitment to enhancing its market position and driving growth in the health and fitness sector.

Executive insights from Viva Leisure

Viva Leisure operates a multi-dimensional fitness business covering all segments of the fitness market. The company manages 410 locations as of November 2024, comprising corporate and franchised sites.