ME Group International (LON:MEGP) Releases Quarterly Earnings Results

ME Group International (LON:MEGP) announced its earnings results on Monday. The company reported GBX 15 earnings per share for the quarter, Digital Look Earnings reports. ME Group International had a return on equity of 30.42% and a net margin of 18.33%.

Here are the key takeaways from ME Group International’s conference call:

• Record profitability: management reported profit before tax up 6.5% (7% at constant currency), Group EBITDA up ~5%, cash from operations of £115.5m, and returned £32.6m to shareholders while announcing an £18m buyback.
• Wash.ME laundry momentum: laundry is the fastest‑growing segment with a record 1,326 new machines (c.1,172 net), revenue +17.3% and laundry EBITDA +18.1% (49.4% margin), targeting 1,300+ net installs in 2026.
• Photobooth headwinds: Photo.ME revenue was ~£7m lower year‑on‑year due to a supplier printer issue (compensated), the end of a UK contract, and new German passport‑photo rules that have reduced German booth volumes by ~20–30%.
• Operational and reporting risks: CapEx rose 20% to £65m (pressures on depreciation/amortization and a 3% net cash reduction), and management restated cash figures after a reclassification of cash‑in‑transit and cited audit scope changes that delayed the annual report—management says no material adjustments but will investigate the delays.

ME Group International Price Performance

MEGP stock opened at GBX 141.80 on Wednesday. ME Group International has a 12 month low of GBX 112.20 and a 12 month high of GBX 237.50. The firm has a market cap of £535.61 million, a PE ratio of 9.43 and a beta of 1.20. The firm has a 50 day simple moving average of GBX 138.07 and a 200 day simple moving average of GBX 159.31.

ME Group International announced that its board has approved a share repurchase program on Monday, March 23rd that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

About ME Group International

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.