Highlights:

  • Full-year revenue expected between GBP 311 million and GBP 318 million, with pre-tax profit projected between GBP 76 million and GBP 79 million.
  • Wash.ME division achieved around 10% revenue growth and record 1,145 net machine installations.
  • Photo.ME revenue declined by approximately 4%, partly due to regulatory changes in Germany and the end of a UK contract.

ME Group International plc (LSE:MEGP) has announced that it expects to report another year of record profitability for the financial year ended 31 October 2025, with pre-tax profit anticipated to be in the range of GBP 76 million to GBP 79 million.

According to its latest trading update, total revenue for the period is projected between GBP 311 million and GBP 318 million. The company stated that cash conversion remained healthy and that its balance sheet continues to be in a robust position as it enters the new financial year.

Laundry Operations Drive Growth

The Group’s Wash.ME laundry segment continued to be its fastest-growing business area in both machine numbers and EBITDA. Revenue rose by approximately 10% year-on-year, or 11% at constant currency, despite the impact of unusually warm weather on demand in some regions during the second half of the year.

ME Group reported a record 1,145 net new laundry machines installed during FY2025 — a 27.2% increase on the 900 machines installed in FY2024. The company said progress in its rollout programme across target geographies remained on track, underscoring the continued expansion of the Wash.ME network.

Photobooth Business Faces Regional Challenges

Revenue from the Photo.ME segment declined by approximately 4% compared with FY2024, or 3% at constant currency. While trading held up in key markets such as France, and growth was recorded in Belgium and the Netherlands, performance was impacted by several factors.

These included the previously announced conclusion of a UK contract in FY2024 and a resolved printer supplier issue during the first half of FY2025. In Germany, new regulations requiring passport photographs to be taken in citizens’ offices or by certified photographers reduced machine usage during the second half of the year.

Despite these challenges, the rollout of next-generation photobooths progressed, with 3,079 machines in operation by year-end.

Strategic Review Continues

In June 2025, ME Group confirmed it was exploring strategic options to enhance shareholder value following market speculation. The review process remains ongoing, with further updates expected in due course.

Outlook and 2025 Results Schedule

Looking ahead, the Board stated that it remains focused on advancing the company’s long-term strategy to grow its laundry and photobooth operations, leveraging its competitive advantages. While the broader economic outlook remains uncertain, ME Group said it is well positioned to continue delivering revenue and profit growth in the coming year.

The company plans to release its Annual Results for FY2025 in mid-February 2026.

MEGP shares were trading at GBX 183.79 per share during trading session on 7 November 2025.