image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Photo-Me

August 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • PHTM
  • Price:
  • 162p
Photo-me’s full year results were in line with earlier guidance. Aided by the weak sterling tail-wind, revenues rose 16.7% to £214.7m (3% constant currency), pretax profit rose almost 20% to £48m (4.2% like for like) while eps increased 20% to 9.3p.Even after £32.6m spent on dividends and £40.9m capex net cash was £39.2m.UK & Ireland enjoyed 17% revenue growth to £53.1m but profits declined 9% to £7.2m reflecting higher than expected start-up losses from the new Asda contract of £1.8m (forecasts: £1m loss). The number of vending machines in the UK & Ireland totalled 13,287, including 57% growth in laundry booths to 499. Photo-Me has spent £3m reconfigur ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe