ME Group International (GB:MEGP) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
ME Group International reported another year of record profitability for FY 2024, with revenues expected to exceed £308 million, driven by strong growth in its Wash.ME laundry operations. Despite some foreign exchange impacts, the company maintained its robust financial health, finishing the year with a net cash position of £38.2 million. The Group continues to innovate and expand its vending equipment services across 18 countries.
For further insights into GB:MEGP stock, check out TipRanks’ Stock Analysis page.
