Dandenong South, VIC (January 2019) Matrix Fitness have today revealed a growth achievement of 21% across their global operations for 2018. With 26 subsidiaries worldwide, the number further solidifies their position as the fastest growing commercial fitness brand in the world, announced at parent company Johnson Health Tech's global board meeting this month.
Matrix Fitness have accredited this achievement to concentrated efforts to build the brand globally, resulting in tremendous growth, both worldwide and in domestic commercial channels across their subsidiaries.
The company has long followed an aggressive investment blueprint in new product development, strategic partnerships, new technology and global marketing. Affirmation of this is seen in the 31 additional product SKUs launched throughout 2018, including the reinvented Ultra Series with Intelligent Training Console, as well as the new Matrix Training Cycles and S-Force Performance Trainer.
On a local level, Matrix Fitness Australia are also celebrating major success for 2018. At the JHT global meeting, Australia was ranked 4th for overall performance in comparison to other global SBUs. This accomplishment is largely due to operational efficiencies achieved in 2018, including the consolidation to one national distribution centre, major reductions of slow moving inventory and an increase in spare parts levels at their Dandenong South warehouse. These operational efficiencies have lead to savings across the organisation which have been passed onto Matrix customers, resulting in record sales in the Australian market.
"We would like to thank all of our our ongoing loyal customers and also our new customers for helping us at Matrix achieve a very positive sales result for the past 12 months (FY 2018)", said Michael Conlan, Managing Director of Johnson Health Tech Australia. "We value and appreciate your contribution to helping us put Australia on the map as one of the best countries in the world inside the wider Johnson Health Tech organisation."
"We look forward to working with you in 2019 and hopefully we can continue to improve and become a very valued partner to your business."
To learn more about Matrix Fitness visit matrixfitness.com.au
About Matrix Fitness
Matrix Fitness (matrixfitness.com.au) is the fastest-growing commercial brand in the world and is the commercial brand of Johnson Health Tech. Matrix offers a complete portfolio of cardiovascular, group training and strength training equipment for health clubs and other fitness facilities. Locally, Matrix Fitness Australia’s parent company; Johnson Health Tech Australia (JHTA) operates with its head office in Dandenong South, VIC. The local team services all of Australia and New Zealand.