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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Photo-Me - Laundry product roll-out on track

February 2015

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:
  • 142p
Photo-Me’s interims showed a return to top line growth with turnover increasing 1% to £102.3m, while pretax profit rose 17% to £27m. This led to an 11% rise in eps to 4.7p while net cash grew to £64.7m (30 April: £63.1m).While there was a negative currency headwind all three regions enjoyed underlying growth with Continental Europe increasing profits 8% to £19.7m. This was driven by a 5% increase in the photobooth estate, mainly in France, Switzerland and Germany, while the roll-out of the higher margin Starck photobooths has progressed well and there are now 2,118 units in Europe.The other leg, which could one day electrify earnings, is the laundry product – branded Revolution. Photo ...

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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.

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