Photo-Me International PLC Notice of Trading Update (5549O)
03 Octubre 2019 - 1:00AM
UK Regulatory
TIDMPHTM
RNS Number : 5549O
Photo-Me International PLC
03 October 2019
3 October 2019
Photo-Me International plc
("Photo-Me" or "the Group")
Notice of Trading Update
Photo-Me International plc (PHTM.L), the instant-service
equipment group, will announce its trading update covering the
first five months of the financial year ending 30 April 2020 on
Monday 28 October 2019.
The Group confirms that trading in the year to date is in line
with expectations.
Enquiries:
Hudson Sandler +44 (0) 20 7796 4133
Wendy Baker/ Emily Dillon/ 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 approximately 47,000 vending units across 18
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 and 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 Hall, Police etc). Equipment is
maintained and serviced by an established network of 700 field
engineers.
The Company's shares have been listed on the London Stock
Exchange since 1962.
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Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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