REG - ME Group Intl. - Trading Update

ME InternationalAnnouncement

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RNS Number : 3741G  ME Group International PLC  01 June 2026

This announcement contains inside information for the purposes of article 7 of
the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the
Market Abuse (Amendment) (EU Exit) Regulations 2019/310.Upon the publication
of this announcement, this inside information is now considered to be in the
public domain.

 

 

 

 

 

 

1 June 2026

 

ME Group International plc

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

 

Trading Update

 

 

ME Group, the instant-service equipment group, announces a trading update for
the six months ended 30 April 2026 ('H1 2026') and the outlook for 2026
financial year ('FY 2026').

As noted in the 2025 Annual Results published on 23 March 2026, the Group
started FY 2026 in line with expectations, and the operational business
continued on this trajectory through the majority of H1 2026. However, during
April, the Group experienced a softening in revenue, particularly in the
French photobooth and laundry businesses. The Board believes this is largely
attributable to a shift in consumer spending patterns driven by lower consumer
confidence due to the ongoing conflict in the Middle East.

 

Group revenue in H1 2026 grew by 2%. The photobooth business was impacted by
reduced demand for official photo ID amid ongoing travel uncertainty, with
Photo.ME revenue down 17% in April compared with a decline of 6% in H1 2026.
 Wash.ME, the Group's higher-margin business, was also impacted in April by a
decline in consumer spending, with revenue in April up only 3% compared with
an increase of 17% in H1 2026 overall. Revenue from the sale of equipment in
H1 2026 was down 14% compared with the same period last year, reflecting the
Company's focus on operating instant-service equipment.

 

While there has been an improvement in trading through May, the Board does not
expect trading patterns to normalise while conflict in the Middle East and the
subsequent uncertainty in the macroeconomic landscape continue. Consequently,
the Board is taking a more cautious view to the full-year outlook, and it now
expects FY 2026 profit before tax to be in the range of £69 million to £74
million.

 

The Group has a strong balance sheet, and the Board remains confident in its
long-term growth plans. The laundry expansion programme to install more than
1,300 Wash.ME laundry machines in FY 2026 remains on track.

 

The Group will publish its interim results for the six months ended 30 April
2026 in the latter half of July 2026.

 

 

 

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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