ABOUT ME – STRATEGY AND BUSINESS MODEL
We develop new and complementary products to drive future growth
ME Group’s business strategy is focused on diversifying its product portfolio, expanding the number of units in operation, and increasing the yield per unit, while minimising production and operational costs.
We enhance shareholder value by investing in new technologies that develop new and complementary products and services so they can be rapidly deployed across existing and new geographies and provide a rapid and sustainable return on investment.
We use cash flow generated by our long-established operations, such as photobooths and kiosks, to invest in future growth.
Our key investment priorities
1
Diversification and commercialisation of next generation photobooths,
a key margin
contributor
2
Continued expansion of our laundry operations, a key growth driver for the Group
3
Growth of Feed.ME, our food vending equipment business to become the European market leader
ME Group plans to grow these business areas through organic growth, new product development, and selected bolt-on acquisitions which meet the Group’s return-on-investment criteria. Laundry and food are expected to contribute an increasing proportion of total Group revenue and profit alongside the photobooth contribution.
Our business model delivers our strategy
Competitively priced, high-quality services for consumers
Meeting increasing demand for instant vending services on-the-go
Additional services for site owners
Support customer needs and footfall
Shareholder value
Delivered through growth and dividend
Corporate social responsibilty
Technology and innovation
Development of proprietary solutions and continuous focus on product diversification
Long-term partnerships with high footfall site owners
Supermarkets, shopping malls, public transport and public administration buildings
Brands recognition
Leading brands and household names in key territories
Network of skilled field engineers
Supporting growth across business areas at limited additional cost
Telemetry system
Sophisticated and tailored to the Group’s proprietary technology
Industry expertise
More than 50 years working with regulatory bodies
Stable cash flows
Generated from existing network to fund R&D and support growth strategy
Wash.ME
- Continued rollout of Revolution machines in target geographies: the UK & Republic of Ireland and Continental Europe
- Commercialisation of new indoor-format Revolution machines for the B2B market
Photo.ME
- Longer-term opportunities to expand presence outside of Europe, particularly in countries where self-taken ID photos are not permitted
- Deploy proven identification security technologies in existing and new territories
- Grow revenue through multiple service offering
- Diversification and commercialisation of next generation photobooths
Print.ME
- Consider opportunities to extend digital kiosk services offered through the Group’s machines’ network
- Identify product partnership opportunities within existing territories
Feed.ME
- Expand the Group’s presence in the self-service fruit-juice equipment market and offer a wider variety of self-service fresh juice options in all territories where the Group has an existing footprint
- Establish a presence in the pizza-vending equipment market with the aim of becoming a leader in Europe
- Become the food vending equipment market leader in France by 2023
Innovation and diversification
New product innovation is at the core of ME Group. Our growth strategy is to focus on diversifying our operations and responding to consumer needs.
