However, the private equity owned group did see its turnover tumble 22.8 per cent to £86.6 million.
LA Fitness, which has 80 health and fitness clubs across the country, says its 2013 financial year has got off to a good start.
It said: “The group performed credibly in the year despite significant inflationary pressures. The strong performance in January 2013 represents a solid start to the new financial year and augurs well for the rest of it.”
LA Fitness trimmed its overall wage and staff costs by nearly a quarter to £23.6 million.
The firm’s five directors, including founder and chairman Fred Turok, who was among those who carried the Olympic flame last year, saw the combined value of their pay packets fall 24.3 per cent to £633,000.
Source: Sunday Express
