Technogym, a global leader in fitness and wellness solutions, has announced record-breaking financial results for 2024, marking another year of impressive growth. The company reported €901 million in revenue, an 11.5% increase from the previous year, with strong performance across both commercial and consumer segments.

Growth was particularly strong in the Americas (+13.9%) and Europe, the Middle East, India, and Africa (MEIA), while Asia also saw an increase of 5.6%. The company’s profitability continued to rise, with adjusted net income reaching €90 million, a 15% increase, and EBITDA margins expanding for the third consecutive year.

As a result of its strong financial performance, Technogym has proposed a €0.80 dividend per share, totaling approximately €159.3 million. The company also strengthened its financial position, closing the year with €160 million in net cash, despite completing a share buyback program earlier in 2024.

Beyond financial success, Technogym is also looking ahead with Healthness™, their new initiative aimed at integrating fitness, wellness, and digital health solutions. This vision aligns with the company’s ongoing commitment to innovation and improving global well-being.

“2024 performance makes us proud of our team’s outstanding work in delivering innovation, strengthening our brand, and expanding our global customer base,” says Nerio Alessandri, chairman and CEO.  “The important result achieved in the year just ended, for us, does not represent just a milestone, but a new starting point for our Technogym Vision 2027: starting from the experience of 40 years of Wellness, we are determined to develop Healthness™, the new Technogym project that is fully projecting us into the Life Sciences.”

With its continued expansion and investment in the future of health and fitness, Technogym remains a key player in shaping the industry’s evolution.