SOURCE: Matrix Fitness
Earnings Fueled by 40 Percent Increase in Q4 2018 U.S. Commercial Sales
COTTAGE GROVE, Wis. (February 1, 2019) – Matrix Fitness, the commercial brand of Johnson Health Tech (JHT), reported $528 million in global revenue for 2018, its highest top-line number to date, with an increase of 21 percent over 2017. While the company saw increased sales globally, most notably U.S. sales grew 40 percent in Q4 2018, with a total 26 percent increase for 2018.
“In the U.S. market we are experiencing strong sales growth across all of our product categories and customer segments,” said Mark Zabel, Global Chief Marketing Officer and President of the U.S. Commercial Division. “Sales to key accounts, athletics/education, multi-housing and medical channels have grown by double-digit percentages, and our ability to far outpace the growth of our competitors proves that Matrix is delivering the products, solutions and support our customers desire.”
About Johnson Health Tech
Johnson Health Tech, Inc. (JHT), Taiwan, is among the world’s largest and fastest-growing fitness equipment manufacturers and is home to some of the most respected brands in the fitness industry, including: Matrix, Vision, and Horizon. The company manufactures a wide assortment of fitness equipment for both commercial and residential use, including treadmills, elliptical trainers, exercise bikes and strength training equipment. JHT’s global management headquarters is based in Taichung, Taiwan, with global product development, marketing and engineering based in Cottage Grove, Wis. For more information about Johnson Health Tech, visit www.johnsonhealthtech.com.