ME Group International (GB:MEGP) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
ME Group International PLC reports strong interim results for H1 2024, with notable increases in revenue, EBITDA, and profit before tax, highlighting the robust performance of its core laundry and photobooth operations. Additionally, the company is on course to achieve a record year of profitability and machine installations, supported by a solid balance sheet and cash generation. Shareholders can anticipate a 16.2% increase in the interim dividend, demonstrating the Group’s commitment to delivering shareholder value.
For further insights into GB:MEGP stock, check out TipRanks’ Stock Analysis page.