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ME Group International H2 Earnings Call Highlights
Yahoo Finance· 2026-03-23 16:21
Management emphasized the ongoing shift in mix toward laundry. Crasneanscki said that in 2021, laundry accounted for about a quarter of vending revenue, but now represents more than a third. At the EBITDA level, he said laundry rose from just over a third of group EBITDA in 2021 to “closer to half” in 2025, adding that laundry margins are stronger than photobooths.ME Group reiterated that it operates a large automated service equipment estate—more than 49,000 machines across 16 countries—using a commercial ...