Me Group International (MEGP): FY 2026 guidance cut

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MEGP Me Group International

£455m · 111.2p · −24% since the first step

1 Jun 2026 · Guidance lowered to £69m-£74m PBT · −5% until the next step 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.

9 Jul 2026 · Interims presentation scheduled for 13 July · +10% until the next step will provide a live presentation relating to the Group's Interim Results for the six months ended 30 April 2026, via Investor Meet Company, at 11.00am GMT on Monday 13 July 2026.

13 Jul 2026 · Interims confirm cut guidance; May trading recovering · −2% since While mindful of geopolitical factors which may lead to a softening of trading patterns, ME Group remains on track to meet revised full year expectations and for FY 2026 profit before tax to be in the

Upgrade / downgrade cycle

FY 2026 guidance cut

Interims confirm cut guidance; May trading recovering

Next: H2 trading against £69m-£74m guidance; laundry installation pace

Every step · 3

1 Jun 2026 Guidance lowered to £69m-£74m PBT – 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... ↗
9 Jul 2026 Interims presentation scheduled for 13 July – will provide a live presentation relating to the Group's Interim Results for the six months ended 30 April 2026, via Investor Meet Company, at 11.00am GMT... ↗
13 Jul 2026 Interims confirm cut guidance; May trading recovering – While mindful of geopolitical factors which may lead to a softening of trading patterns, ME Group remains on track to meet revised full year expectations... ↗

What is happening

Me Group International: FY 2026 guidance cut – Interims confirm cut guidance; May trading recovering. ['Interims confirm cut guidance; May trading recovering']

In short: On 23 March 2026 FY26 trading was in line with expectations. On 1 June 2026 the company cut FY26 PBT guidance to £69m-£74m after a weak April. On 13 July 2026 interims showed H1 PBT of £32.7m (-3.8%), and the guidance was reiterated. May vending revenue was up 11.1% and June stayed positive.
Announced: 1 Jun 2026 · Guidance lowered to £69m-£74m PBT
Latest: 13 Jul 2026 · Interims confirm cut guidance; May trading recovering
April trend: Photo.ME revenue down 17%; Wash.ME revenue up 3%
Next milestone: Deputy CEO Vladimir Crasneanscki presents interim results (six months to 30 April 2026) live at 11.00am GMT on 13 July 2026
Laundry rollout: More than 1,300 Wash.ME installations in FY 2026 remain on track
Guidance: FY 2026 PBT £69m-£74m, reiterated 13 July 2026 (FY 2025: £78.2m)
H1 result: PBT £32.7m, down 3.8%; revenue £154.3m, up 0.3%; EBITDA £57.0m, up 7.1%
May trading: Vending revenue +11.1%; Wash.ME +25.9%, Photo.ME +1.8%; June also positive
Interim dividend: 3.60p, down 6.5%, returning £13.5m; paid 27 November 2026
Laundry target: c.1,300 installations in FY 2026; 499 net in H1, c.800 planned in H2

What comes next

H2 trading against £69m-£74m guidance; laundry installation pace.

From the company's own announcements. Not investment advice.

Briefing

Me Group International in 4 minutes

ME Group, formerly Photo-Me, runs more than 49,000 coin-and-card machines in 16 countries, mainly photobooths and laundry machines placed in supermarkets, malls and transport hubs. Laundry now earns 54% of Group...

Act 1Laundry takes over as the growth engine
Act 2Photobooth drag, a failed sale process and late accounts
Act 3April 2026: a French slowdown

Read the briefing →

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