ME Group reports boost in interim profit in "strong first-half"
(Alliance News) - ME Group International PLC on Wednesday reported that its interim profit and revenue were up, with growth in its key divisions.
Read more(Alliance News) - ME Group International PLC on Wednesday reported that its interim profit and revenue were up, with growth in its key divisions.
Read moreThursday 6 July | |
Currys PLC | Full Year Results |
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ME Group International PLC - Epsom, England-based instant-service equipment firm - Subsidiary ME Group Japan KK enters binding conditional absorption-type company split agreement to buy automated photobooth businesses owned by two Fujifilm Corp subsidiaries. Total consideration is capped at approximately GBP5.5 million. ME Group will fund the purchase through a new local loan facility or existing cash resources. Company expects to complete the transaction by the end of September, and says it could increase Asia Pacific revenue by between 20% and 30% and add about GBP2.2 million to pretax profit for the year ending October 31, 2024. Photobooths' average pretax profit was about GBP290,000 over the last three years ended March 31.
Read more(Sharecast News) - Vending machine company ME Group said it was buying Fujifilm's automated-photobooth business in Japan for up to £5.5m.
Read more(Sharecast News) - Berenberg has initiated coverage of ME Group International with a 'buy' rating.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read more(Correcting that index changes are effective from June 19.)
Read more(Alliance News) - Stocks in London were higher at the close on Thursday as markets breathed a sigh of relief that the US debt ceiling deal was approved by the House of Representatives.
Read more(Alliance News) - Stock prices in London were slightly higher at midday Thursday, as investors felt the relief that a US default has been averted.
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.
Read more(Alliance News) - ME Group International PLC on Thursday said it has increased its full-year outlook following an unexpectedly strong performance over the last six months, with profit and revenue jumping in part due to increased photo booth use.
Read more(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, June 5, after completing its quarterly review.
Read more(Alliance News) - Ocado Group PLC's five-year stint in London's top-flight index is under threat, after a tough run which has seen the grocer's shares plunge 35% since the turn of the year.
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