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Photo-Me International - Minilab production soars

June 2004

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
Photo-Me has issued a  confident update concerning its minilab manufacturing division.  This noted that despite a slow start in January and February, production has increased substantially since March, with demand continuing to outstrip supply.   As a result, the total number of machines sold will show a very substantial increasein the year ending 30 April 2005.   In a new piece of research broker, Evolution Beeson Gregory, notes that minilab volumes have increased from 140 units a month to between 170-200 and has uppedits forecast for 2005 from 1,700 to "at least" 1,850, compared to around 1,300 in the year just ended. Elsewhere, the production of the new digital media kiosks has been ramped u ...

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