ME Group International Plc (MEGP.L), a vending machine operator, reported Monday that its first-half profit before tax grew 10.3% to 30.0 million pounds from last year's 27.2 million pounds, driven by growth in core laundry and photobooth operations.
Earnings per share were 5.97 pence, up 12 percent from 5.34 pence a year ago.
EBITDA was 51.2 million pounds, up 11.1 percent from 46.1 million pounds last year.
Revenue grew 4.6 percent to 150.4 million pounds from prior year's 143.8 million pounds. Revenue growth was 8.6% on a constant currency basis.
Further, the Board declared an interim dividend of 3.45 pence per Ordinary Share, up 16.2%, which will be paid at the end of November.
Looking ahead, the company said, "H2 2024 has started strongly and the Group continues to see positive trading momentum across its operations. As a result, the Board remains confident that it will deliver another year of record profitability in FY 2024, in line with current market expectations."
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