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Basic Fit at 7-mth highs as membership gains fuel Q3 strength



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** Basic Fit BFIT.AS rises about 5%, to 7-month highs, after the Dutch fitness club chain reported Q3 marked by 13% y/y membership growth and a 17% jump in quarterly revenue

** 9-month revenues reach 892 million euros ($966.84 million)

** KBC Securities and ING note better-than-expected membership growth

** Basic Fit delivered strong results, with membership growth in France improving from quality investments and the back-to-school campaign boosting gains in October, ING says

** Next year's launch of Basic-Fit's franchise platform could boost cash flow and help reduce debt, KBC says

** Jefferies expects H2 profit improvement after lower H1 weighed on by costs of new openings and integrations

** Stock tracks its best day in almost 3 months if gains hold




($1 = 0.9226 euros)



Reporting by Dagmarah Mackos

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