Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Me Group delays FY results after auditor requests additional time

(Sharecast News) - Vending machine operator Me Group said on Wednesday that it would delay the publication of its audited full‑year results after its auditor requested additional time to complete its work. Me Group, previously known as Photo-Me International, stressed that no material issues had been identified and reiterated that trading remained in line with expectations, with total revenue expected to come in between £311m and £318m in the year ended 31 October 2025 and pre-tax profits forecast at £76m to £79m.

However, the FTSE 250-listed group also said it anticipates a temporary suspension of its shares from 2 March until such a time as the results can be released, which was expected to take place bfore 13 March.

For the current trading year, Me Group said its year-to-date performance has been in line with expectations, and, based on proxy results received to date, it expects to secure the necessary authorities to implement a share buyback and plans to launch a programme of between £15m and £20m shortly after publishing its FY25 results.

As of 0850 GMT, Me Group shares had sunk 17.19% to 121.40p.

Reporting by Iain Gilbert at Sharecast.com

Share this article

Related Sharecast Articles

Air France-KLM submits bid for stake in Portugal's TAP
(Sharecast News) - Air France-KLM said it had submitted a non-binding offer to buy a minority stake in TAP Air Portugal as part of the Portuguese government's plan to privatise its national airline.
Sorted Group proposes to dispose of its main trading subsidiary
(Sharecast News) - Sorted Group announced a proposal to dispose of its main trading subsidiary Sorted Group Limited on Thursday, for a nominal £1, in a move that would see the company become an AIM cash shell and pursue a new acquisition-led strategy.
Speedy Hire warns on worsening market conditions despite strategic progress
(Sharecast News) - Tools and equipment hire company Speedy Hire said on Thursday that it had delivered "significant strategic progress" in FY26, highlighted by its "transformational" partnership with Proservice and continued momentum across its core operations, but also cautioned that trading conditions had deteriorated further in the final quarter amid budget uncertainty, geopolitical tensions and customer‑driven delays.
RBC Capital Markets upgrades Berkeley to 'outperform'
(Sharecast News) - Analysts at RBC Capital Markets upgraded housebuilder Berkeley from 'sector perform' to 'outperform' on Thursday, noting the group had "acted decisively" to the challenges it had faced.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.