"Lemon Gym" and "Impuls" Group Revenue Surges Amid Expansion Plans

The "Lemon Gym" and "Impuls" fitness group has seen significant growth, with revenues climbing 8% in the first quarter of this year compared to the same period in 2023. Customer numbers rose 13%, and club visits increased by 17%, indicating a strong rebound and expansion for the Baltic fitness chain.

Greta Radzevičienė, head of "Lemon Gym" and "Impuls," attributed the success to consistent investments in infrastructure, innovation, and customer experience. She noted a growing trend of people prioritizing fitness and health, which fuels the company's expansion plans. "We will continue to invest in development and renewal in the Baltic countries," she stated.

Last year, the group invested 6.6 million euros in opening five new clubs in Lithuania and renovating existing facilities. Further investments are planned, with "Lemon Gym" securing up to 22 million euros in bond financing. The company intends to open four to five new clubs annually while modernizing its current infrastructure.

By the end of 2027, the group aims to reach a network of 40 clubs and serve over 110,000 members across Lithuania, Latvia, and Estonia. Currently, it operates 33 clubs and has 85,000 members.

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The past years have been record-breaking for us. Growing results are driven not only by consistent investments in sports infrastructure, innovations, and customer experience, but also by a clear trend – more and more people consider sports and taking care of their health an integral part of daily life. Seeing this growing demand, we will continue to invest in development and renewal in the Baltic countries.