ME Group Posts Record Profit as Laundry Expansion Drives Growth and £18m Buyback

ME Group International (LSE:MEGP) reported record profitability for the year ended 31 October 2025, with profit before tax rising 6.5% to £78.2 million on revenue of £315.4 million, up 2.4% year-on-year. EBITDA increased 5.4%, with margins improving to 38.2%, reflecting continued operational strength across the group.

The company’s laundry division was the main growth driver, with revenue increasing 17.3% as 1,326 new machines were installed during the year. The expansion helped offset a 4% decline in photobooth revenue, which was affected by regulatory changes in Germany and supplier-related issues.

Strong cash generation enabled ME Group to increase capital expenditure, raise its dividend by 9.5%, and launch a new £18 million share buyback programme. The buyback reflects management’s confidence in the company’s outlook and reinforces its position in the automated self-service market.

While the group’s financial performance remains robust, its outlook is tempered by weaker technical indicators. The share price has been trending lower and current oversold conditions suggest potential volatility in the near term. Nevertheless, the company’s low P/E ratio and relatively high dividend yield contribute positively to its valuation profile, supported by stable balance sheet fundamentals and consistent profit growth.

More about ME Group International

ME Group International is a London-listed operator and supplier of automated self-service vending equipment with more than 49,000 units across 16 countries in Europe, the UK and Ireland, and the Asia-Pacific region. Its core operations include photobooths and biometric ID solutions under the Photo.ME brand and unattended laundry services through Wash.ME, alongside printing kiosks and other vending solutions installed in high-footfall locations through long-term site partnerships.

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