ME Group International PLC - Surrey, England-based vending machine operator - Announces delay to the publication of its results for the financial year ended October 31. Says its auditor Forvis Mazars LLP needs more time to finish its audit procedures. Shares in the company are expected to be suspended from listing and trading next week Monday. ME Group anticipates that it will publish its results by March 13. ME Group reconfirms guidance it provided in November. It expects to report revenue at constant currency between £311 million and £318 million, which would be between 2.1% lower and 0.1% higher than £317.8 million a year prior. Pretax profit at constant currency is anticipated between £76 million and £79 million, between 2.6% and 6.6% higher than £74.1 million in financial 2024. Further, ME Group confirms that performance since its financial year 2026 started on November 1 is in line with expectations. The company expects to launch a share buyback programme between £15 million and £20 million after publication of financial 2025 results.
Current stock price: 130.60 pence each, down 11% on Wednesday morning in London
12-month change: down 40%
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