Technogym, the Italian specialist in fitness equipment, has seen revenues increase by 17.4 percent, or 14.2 percent at constant currency, to €498,7 million in the first nine months of 2022. Growth was driven by B2C, with segment revenues doubling compared to the pre-pandemic period. The B2B segment also posted strong growth. By geography, sales in North America jumped by 47.1 percent. Europe grew 17.7 percent, driven by the excellent performance of France, Benelux and Spain. Sales in Latin America were up 24.8 percent. Finally, revenues in the Asia-Pacific region increased by 10 percent, driven by the good performance in Australia, Japan and other emerging countries, which offset China, affected by Covid-19 restrictions. Technogym, headquartered in Cesena, Italy, was founded in 1983 by Nerio Alessandri, who is still at the helm.

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