http://www.piworld.co.uk/videos/2016/2/26/photo-me-phtm-mello-monday-15216
Gabriel Pirona, Group Finance Director outlines the Photo-Me business.
22,000 photo booths worldwide. Rapidly growing in Japan, where there is a new ID card with photo supplied by Photo-Me.
Expanding into launderettes, where they make a higher margin. Roll out of 1,000 machines per anum.
Japan is currently driving the photo booth business, as illustrated by the profit upgrade today, 26.2.16. This is the highest growth market.
Future: 3-D pictures to provide even greater security.
Strong balance sheet.
Pays 5% dividend.
Thanks for posting this link to the Mello video. The presentation is excellent and I feel that I know as much about Photo-Me International (LON:PHTM) as if I'd been able to make it to Beckenham! Also the production quality is very good, considering the location, and I can see that great efforts have been made to ensure that all questions are audible. So well done - I look forward to viewing a few more of your videos: http://www.piworld.co.uk/videos/
Damian
