ME Group Regulatory News (MEGP)

This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310.Upon the publication of this announcement, this inside information is now considered to be in the public domain.

1 June 2026

ME Group International plc

('ME Group', the 'Group' or the 'Company')

Trading Update

ME Group, the instant-service equipment group, announces a trading update for the six months ended 30 April 2026 ('H1 2026') and the outlook for 2026 financial year ('FY 2026').

As noted in the 2025 Annual Results published on 23 March 2026, the Group started FY 2026 in line with expectations, and the operational business continued on this trajectory through the majority of H1 2026. However, during April, the Group experienced a softening in revenue, particularly in the French photobooth and laundry businesses. The Board believes this is largely attributable to a shift in consumer spending patterns driven by lower consumer confidence due to the ongoing conflict in the Middle East.

Group revenue in H1 2026 grew by 2%. The photobooth business was impacted by reduced demand for official photo ID amid ongoing travel uncertainty, with Photo.ME revenue down 17% in April compared with a decline of 6% in H1 2026. Wash.ME, the Group's higher-margin business, was also impacted in April by a decline in consumer spending, with revenue in April up only 3% compared with an increase of 17% in H1 2026 overall. Revenue from the sale of equipment in H1 2026 was down 14% compared with the same period last year, reflecting the Company's focus on operating instant-service equipment.

While there has been an improvement in trading through May, the Board does not expect trading patterns to normalise while conflict in the Middle East and the subsequent uncertainty in the macroeconomic landscape continue. Consequently, the Board is taking a more cautious view to the full-year outlook, and it now expects FY 2026 profit before tax to be in the range of £69 million to £74 million.

The Group has a strong balance sheet, and the Board remains confident in its long-term growth plans. The laundry expansion programme to install more than 1,300 Wash.ME laundry machines in FY 2026 remains on track.

The Group will publish its interim results for the six months ended 30 April 2026 in the latter half of July 2026.

ENQUIRIES:

NOTES TO EDITORS

ME Group International plc (LSE: MEGP) is an international market leader in automated self-service equipment aimed at the consumer market, with over 48,000 vending units currently in operation.

The Group operates, sells and services a wide range of instant-service vending equipment across 16 countries in its key regions of Continental Europe, the UK & Republic of Ireland and Asia Pacific. The Group's services include:

Core activities:

Ancillary activities:

The Group has a proven track record of innovation and diversification of its products and services, enabling it to respond to the evolving needs of its customers and consumers.

The Group benefits from well-established partnerships and long-term contracts with major site owners in attractive, high-footfall locations, enabling it to offer multiple products and services onsite. Partners include supermarkets, petrol forecourts, shopping malls (indoors and outdoors), transport hubs, and administration buildings (City Halls, Police etc.).

The Company's shares have been listed on the London Stock Exchange since 1962.

For further information: www.me-group.com