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MEGP

ME Group International

Leisure Goods

Index
FTSE 250
ISIN
Not specified
Book status
2026 edition — current
01

Company summary

ME Group International operates unattended vending and self-service equipment, principally photo booths and laundry machines. Its Wash.ME laundrettes have become the main growth engine alongside established Photo.ME identity-photography services.

02

Key activities

Operation of self-service laundry machines, photo booths, digital identity-photo services, food vending and other unattended vending equipment at supermarkets, shopping centres and transport locations.

03

Key markets

Europe and Asia, with major operations in France, the UK, Japan and other developed markets. Supermarket and retail-site partnerships are important for new machine deployment.

04

Key drivers

Wash.ME machine installations, utilisation, retail-site partnerships, pricing, expansion into new territories, cash generation and continued optimisation of the mature photo-booth estate.

05

Key risks

Site-partner concentration, slower machine rollout, consumer demand, equipment maintenance, currency movements, competition, technology changes in identity photography and capital required for continued estate expansion.

06

Recent Developments

13 July 2026: first-half revenue reached £154.3m and EBITDA £57.0m, with Wash.ME revenue up 16.3%. ME Group highlighted its ASDA rollout and maintained full-year profit-before-tax guidance of £69m-£74m.

07

Dividend notes

Pays interim and final dividends. The 2025 final dividend of 4.79p went ex-dividend on 7 May 2026 and was paid on 29 May. The 2026 interim dividend is 3.60p, due to go ex-dividend on 5 November and be paid on 27 November.

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