tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ME Group International Reports Strong Growth Driven by Laundry Operations

Story Highlights
  • ME Group International’s laundry operations drove strong financial performance in FY 2025.
  • The company is exploring strategic options and remains focused on core activities for growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ME Group International Reports Strong Growth Driven by Laundry Operations

Claim 50% Off TipRanks Premium and Invest with Confidence

ME Group International ( (GB:MEGP) ) has issued an update.

ME Group International has announced a trading update for the fiscal year ending October 2025, highlighting strong financial performance driven by its Wash.ME laundry operations, which saw double-digit revenue growth. Despite challenges such as warm weather affecting demand and regulatory changes in Germany impacting photo booth revenues, the company installed a record number of laundry machines and continued its rollout of next-generation photobooths. The Group is exploring strategic options to enhance shareholder value and remains focused on its core laundry and photobooth activities, positioning itself for continued growth despite economic uncertainties.

The most recent analyst rating on (GB:MEGP) stock is a Buy with a £212.00 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 Outperform.

ME Group International’s strong financial performance is the most significant factor, supported by consistent revenue and profit growth. The stock’s valuation is attractive, with a low P/E ratio and a solid dividend yield. Technical analysis presents a mixed picture, with some bearish signals but no overbought conditions. The absence of earnings call and corporate events data does not impact the overall score.

To see Spark’s full report on GB:MEGP stock, click here.

More about ME Group International

ME Group International plc is an international leader in automated self-service equipment for the consumer market, operating over 48,000 vending units across 16 countries in regions including Continental Europe, the UK & Republic of Ireland, and Asia Pacific. The Group provides a range of services such as photobooths with biometric solutions, unattended laundry services, digital printing kiosks, and various vending equipment. ME Group has a history of innovation and maintains strong partnerships with major site owners in high-footfall locations.

Average Trading Volume: 388,786

Technical Sentiment Signal: Buy

Current Market Cap: £734.3M

See more insights into MEGP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1