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ME Group International (MEGP) investor relations material
ME Group International Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for H1 2026 grew by 2% year-over-year, with operational performance in line with expectations until April.
April saw a notable softening in revenue, especially in the French photobooth and laundry segments, attributed to lower consumer confidence amid Middle East conflict.
The Board has revised its full-year profit before tax guidance to £69–74 million due to ongoing macroeconomic uncertainty.
Financial highlights
Group revenue increased by 2% in H1 2026 compared to the same period last year.
Photo.ME revenue declined 6% in H1 2026 and dropped 17% in April year-over-year.
Wash.ME revenue rose 17% in H1 2026 but only 3% in April year-over-year.
Equipment sales revenue fell 14% in H1 2026 compared to the prior year.
Outlook and guidance
Trading improved in May, but normalization is not expected while geopolitical and macroeconomic uncertainties persist.
FY 2026 profit before tax is now expected to be in the range of £69–74 million.
The laundry expansion program to install over 1,300 Wash.ME machines in FY 2026 remains on track.
- Record profit, strong laundry and photobooth growth, and GBP 18m share buyback announced.MEGP
H2 202523 Mar 2026 - Record profit and rapid laundry growth drive strong outlook and higher dividends.MEGP
H2 202423 Dec 2025 - Record H1 profit and cash growth led by laundry expansion and strong operational leverage.MEGP
H1 202516 Nov 2025 - Record profit and strong laundry growth offset photobooth declines from regulatory changes.MEGP
Q4 2025 TU7 Nov 2025 - Record profit and revenue growth in FY 2024, led by laundry and photobooth operations.MEGP
Trading Update13 Jun 2025 - H1 2024 saw robust growth in laundry and photobooth, with record profitability expected.MEGP
H1 202413 Jun 2025 - Record H1 growth in laundry and photobooth segments positions ME Group for a strong FY 2024.MEGP
Trading Update13 Jun 2025 - Record H1 profit and strong cash growth driven by laundry expansion and strategic acquisitions.MEGP
Trading Update6 Jun 2025
Next ME Group International earnings date
Next ME Group International earnings date
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