Source - LSE Regulatory
RNS Number : 0816E
Photo-Me International PLC
05 July 2021
 

5 July 2021

Photo-Me International plc
("Photo-Me" or "the Group")

Notice of Interim Results

Photo-Me International plc (PHTM.L), the instant-service equipment group, will announce its interim results for the six months ended 30 April 2021 on Monday 12 July 2021.

 

Enquiries:

 

Hudson Sandler

+44 (0) 20 7796 4133

Wendy Baker/ Nick Moore

photo-me@hudsonsandler.com

 

 

Notes to Editors

 

Photo-Me International plc (LSE: PHTM) operates, sells and services a wide range of instant-service vending equipment, primarily aimed at the consumer market.

 

The Group operates vending units across 17 countries and its technological innovation is focused on three principal areas:

 

·    Identification: photobooths and integrated biometric identification solutions

·    Laundry: unattended laundry services, launderettes, B2B services

·    Kiosks: high-quality digital printing

 

The Group entered the self-service fresh fruit juice equipment market in April 2019, with the acquisition of Sempa. This will become a key business area alongside Identification, Laundry, and Kiosks, and will be a significant part of the Group's future growth strategy.

 

In addition, the Group operates other vending equipment such as children's rides, amusement machines, and business service equipment.

 

Whilst the Group both sells and services this equipment, the vast majority of units are owned, operated and maintained by Photo-Me. Photo-Me pays the site owner a commission based on turnover, which varies depending on the country, location and the type of the machine.

 

The Group has built long-term relationships with major site owners and its equipment is generally sited in prime locations in areas of high footfall such as supermarkets, shopping malls (indoors and outdoors), public transport locations, and administration buildings (City Halls, Police etc.). Equipment is maintained and serviced by an established network of 650 field engineers.

 

Photo-Me's shares have been listed on the London Stock Exchange since 1962.

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