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ME Group International ( (GB:MEGP) ) has provided an announcement.
ME Group International has warned that its audited financial statements for the year to 31 October 2025 will be further delayed, after auditor Forvis Mazars requested additional time beyond the earlier 13 March target. The shares, already suspended from trading since 2 March pending completion of the audit and publication of the annual report, are now expected to remain halted until the accounts are released by 23 March.
The board said it has not been notified of any material audit issues affecting the group’s consolidated financial statements, offering some reassurance to investors amid the extended timetable. It also confirmed that trading so far in the 2026 financial year is in line with expectations, suggesting that underlying operational performance remains stable despite the disruption around the FY25 reporting process.
The most recent analyst rating on (GB:MEGP) stock is a Hold with a £190.00 price target. To see the full list of analyst forecasts on ME Group International stock, see the GB:MEGP Stock Forecast page.
Spark’s Take on GB:MEGP Stock
According to Spark, TipRanks’ AI Analyst, GB:MEGP is a Neutral.
ME Group International’s strong financial performance and attractive valuation are offset by bearish technical indicators. The company’s robust revenue and profit growth, along with a stable balance sheet, contribute positively to its score. However, the current downtrend in stock price and oversold technical conditions present a risk. The low P/E ratio and high dividend yield enhance its valuation appeal, but investors should be cautious of the current market momentum.
To see Spark’s full report on GB:MEGP stock, click here.
More about ME Group International
ME Group International is a London-listed provider of automated self-service equipment for consumers, operating more than 48,000 vending units across 16 countries in Europe, the UK, Ireland and Asia Pacific. Its core Photo.ME photobooths and biometric ID solutions, and Wash.ME unattended laundry services, are complemented by printing kiosks and other vending, supported by long-term contracts at high-footfall sites.
Average Trading Volume: 1,365,037
Technical Sentiment Signal: Hold
Current Market Cap: £516M
For a thorough assessment of MEGP stock, go to TipRanks’ Stock Analysis page.