Tag: ME Group – The Dead Pixels Society

ME Group reports positive financial performance, boosted by photobooths

November 30, 2023December 15, 2023 GaryPageau ME Group

ME Group International plc, the instant-service equipment group formerly known as Photo ME, announces a post-year end update in respect of the 12 months ended Oct. 31, 2023. Following a strong first-half performance, the group continued to see positive trading momentum throughout the second half, particularly across its core Photobooth and Laundry operations, the company said. For the 12... Read More

Earnings reports News

ME Group report six-month results

July 19, 2023July 28, 2023 GaryPageau ME Group, Photo-Me

ME Group International plc announced interim results for the six months ended April 30, 2023, including strong performance across all business areas, underpinned by consumer demand and diversification of services. Revenue was up 24.7% and profit before tax up 36.7%, driven by progress across all of the key business areas – photobooth, laundry and digital printing services – and in all of... Read More

Acquisitions News

ME Group buys photobooth business in Japan

July 3, 2023July 3, 2023 GaryPageau ME Group

ME Group International plc entered into an agreement, through its ME Group Japan K.K. subsidiary, with Fujifilm Corp. to buy two automated photobook businesses from Fujifilm Corp., under the names FUJIFILM Imaging Systems Co., Ltd. and N&F Techno Service Co., Ltd. The total transaction consideration is approximately £5.5 million (Japanese Yen 996 million) and is capped at that amount. The... Read More

News

ME Group reports six-month revenue up 24 percent

June 1, 2023June 5, 2023 GaryPageau ME Group, Photo-Me

ME Group International plc (formerly Photo-Me International) announced, for the six months ending April 30, group revenue was up by more than 24% and profit before tax was up by more than 35% compared with the six months ending 31 April 2022. Photobooth activity, driven by demand for photo ID, continued to increase across all territories, particularly in Europe and... Read More

Earnings reports

ME Group upgrades outlook

November 14, 2022November 21, 2022 GaryPageau ME Group, Photo-Me International

U.K. instant-services company ME Group International plc (formerly known Photo-Me International) reports continued positive trading momentum and has upgraded its FY22 outlook. The company said the group’s first-half performance was ahead of expectations, with a strong recovery seen across Continental Europe. This positive trading momentum continued throughout the second half, with stronger consumer demand for all the group’s services. Trading... Read More