Me Group International (MEGP)

Up
Share Price:
118.80p
Market Cap:
£445.08m
Change Today:
0.40p
Sector:
Leisure Products

Me Group delivers 'record' H1 profitability

By Iain Gilbert

Date: Monday 02 Jun 2025

LONDON (ShareCast) - (Sharecast News) - Instant-service equipment business Me Group told investors on Monday that it had delivered record profitability in the six months ended 30 April and said it was on track to deliver FY25 profits in line with expectations for another record year.
Me Group said total pre-tax profits were up approximately 14%, while group revenues were roughly 2% firmer, driven by a "strong" performance in its Revolution laundry division. Excluding the H124 contribution from SEMPA SAS, which was sold in May 2024, interim revenues grew approximately 3.5% year-on-year.

Laundry operations saw revenues grow 13.3%, reflecting ongoing demand across all of its geographies, while photobooth revenue was down approximately 3.3%, primarily due to a technical issue with new printers, which has now been resolved but caused an estimated 2% drop in photobooth revenue in H125.

Me Group stated it has "predictable revenue streams", was "highly cash generative" and has a "strong" balance sheet. At 30 April, net cash was up 69.1% to £36.2m.

"We are pleased to report further progress and profit growth in H125, despite a backdrop of challenging global markets. Whilst the photobooth revenue performance was slightly lower than expected due to the supplier issue referenced above, laundry operations continue to deliver significant growth. Historically, the group's performance is second-half weighted, and the board continues to anticipate FY25 profit before tax will be between £76.0m and £80.0m.

As of 0735 BST, Me Group shares were untraded at 216.62p.







Reporting by Iain Gilbert at Sharecast.com

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

MEGP Market Data

Currency UK Pounds
Price 118.80p
Change Today 0.40p
52 Week High 121.80p
52 Week Low 117.00p
Volume 703,970
Shares Issued 374.64m
Market Cap £445.08m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
PEG
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector