ME Group International (GB:MEGP) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
ME Group International reported another year of record profitability for FY 2024, with revenues expected to exceed £308 million, driven by strong growth in its Wash.ME laundry operations. Despite some foreign exchange impacts, the company maintained its robust financial health, finishing the year with a net cash position of £38.2 million. The Group continues to innovate and expand its vending equipment services across 18 countries.
For further insights into GB:MEGP stock, check out TipRanks’ Stock Analysis page.
