You are here: Home - Investing -

Share Centre Share of the Week: Photo-Me

Written by:
Graham Spooner, investment research analyst at The Share Centre, picks Photo-Me as share of the week.

Leisure group Photo-Me sells and operates coin-operated automatic photo booths, as well as offering other products internationally.

“With operations mainly in France, Germany, Japan and the UK, Photo-Me is a cash-generative business which has concentrated on cost-saving measures and new products. Its latest moves include one into carwashes, whilst also expanding geographically into Ireland and Portugal.

“Investors should note that in December’s interim results report, the dividend was raised by 30 per cent. An update in February also reported good news – a 12 per cent rise in third quarter profit. The group’s net cash position continues to improve, leading to the group’s intention to increase the dividend by 30 per cent in the current financial year. There is also potential for further special dividends, as demonstrated last year.

“Demand for its products has continued to improve in France and Japan, whilst manufacturing costs have recently fallen. We recommend Photo-Me as a higher risk ‘buy’ for investors seeking a balanced portfolio.”

Related Posts

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Your right to a refund if travel is affected by train strikes

There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

How to help others and donate to food banks this winter

This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week