Photo-Me offers snaps with stars

Click to follow
The Independent Online
BOOTHS where customers can have souvenir photographs taken of themselves apparently with celebrities such as Madonna are among innovations introduced by Photo-Me International to sustain earnings growth, writes John Murray.

The photo-booths operator dislosed a 5 per cent increase in earnings per share to 17.9p for the year to 30 April, despite a slight fall in pre-tax profits to pounds 16.4m ( pounds 17.1m). Profits were lower because of higher depreciation costs. The final dividend is 3.1p, making a total of 4.4p, a 5 per cent rise.

The managing director, David Miller, said that the move into fun machines, such as the ones that produce the celebrity photos, and self-service business card printing were positive investments. He added that the possible introduction of national identity cards - and cheque guarantee and credit cards with photographs - offered opportunities for growth.

Comments