REG - ME Group Intl. - Delay in FY25 Audited Financial Statements

ME InternationalAnnouncement

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RNS Number : 2510U  ME Group International PLC  25 February 2026

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE
INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO.
596/2014) WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL)
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IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN

 

25 February 2026

 

 

ME Group International PLC

('ME Group', 'the Company' or 'the Group')

 

 

Delay in FY25 Audited Financial Statements

FY26 Trading Statement and Share Buyback Update

 

 

Delay in FY25 Audited Financial Statements

 

The Company announces a delay to the publication of the audited financial
statements for the year ended 31 October 2025 ("FY25").

 

The Company's auditor, Forvis Mazars LLP, has informed the Audit Committee
that it needs more time to finish its audit procedures for FY25.

 

The Group is naturally displeased and disappointed with this and is working
with Forvis Mazars to make sure that the audit is completed as soon as
possible. As of today, the Company has not been told of any material audit
issues affecting the Group's consolidated financial statements.

 

The Company reconfirms the guidance provided on 7 November 2025 in respect of
FY25 performance:

 

"Total revenue for the full year is expected to be between £311 million and
£318 million(1). The Group expects to report another year of record
profitability with profit before tax of between £76 million and £79
million(1). The Group's cash conversion and balance sheet remained strong."

 

As a result of the delay, the Company expects that its shares will be
temporarily suspended from listing and trading from 2 March 2026 until the
audit is concluded and the 2025 annual report and accounts are published,
which the Company expects to be by no later than 13 March 2026.

 

FY26 Trading Statement and Share Buyback Update

 

In respect of the year ending 31 October 2026 ("FY26"), the Company confirms
that the year-to-date performance is in line with expectations.

 

Based on proxy results to date, the Company believes it will receive the
requisite authorities to implement a share buyback programme. The Company
expects to launch a share buyback of between £15 million to £20 million
shortly following publication of its FY25 results.

 

 

(1)Excluding the impact from foreign exchange rates ("at constant currency")
during FY25, particularly the Japanese Yen which saw a 1.9% decrease in value
against pound sterling (average rate of exchange used in FY2025 was Yen/£
195.35 vs FY 2024: Yen/£ 191.71), and a 0.05% decrease in the euro against
pound sterling (average rate of exchange used in FY 2025 was €/£ 1.178 vs
FY 2024: 1.173).

 

 

ENQUIRIES:

 

 ME Group International plc     +44 (0) 1372 453 399
 Vlad Crasneanscki, Deputy CEO  ir@me-group.com (mailto:ir@me-group.com)
 Stéphane Gibon, CFO

 Hudson Sandler                 +44 (0) 20 7796 4133

 Wendy Baker / Nick Moore        me-group@hudsonsandler.com (mailto:me-group@hudsonsandler.com)

 

 

NOTES TO EDITORS

 

ME Group International plc (LSE: MEGP) is an international market leader in
automated self-service equipment aimed at the consumer market, with over
48,000 vending units currently in operation.

 

The Group operates, sells and services a wide range of instant-service vending
equipment across 16 countries in its key regions of Continental Europe, the UK
& Republic of Ireland and Asia Pacific. The Group's services include:

 

Core activities:

 

 ·        Photo.ME  Photobooths and integrated biometric identification solutions
 ·        Wash.ME   Unattended laundry services and launderettes

 

Ancillary activities:

 

 ·        Print.ME       High-quality digital printing kiosks
 ·        Other vending  Primarily Foodservice vending equipment (Feed.ME), Children's rides
                         (Amuse.ME), Photocopier services (Copy.ME)

 

The Group has a proven track record of innovation and diversification of its
products and services, enabling it to respond to the evolving needs of its
customers and consumers.

 

The Group benefits from well-established partnerships and long-term contracts
with major site owners in attractive, high-footfall locations, enabling it to
offer multiple products and services onsite. Partners include supermarkets,
petrol forecourts, shopping malls (indoors and outdoors), transport hubs, and
administration buildings (City Halls, Police etc.).

 

The Company's shares have been listed on the London Stock Exchange since 1962.

For further information: www.me-group.com (http://www.me-group.com/)

 

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