Photo-Me setback hits share price
Thursday 19 January 1995
The group was also hit by the costs of last year's takeover of KIS, the private French company trail-blazing the new PhotoVision booths.
David Miller, managing director of Photo-Me, the world's biggest maker and operator of coin-operated photo booths, said he expected a strong rebound in the second half.
Mr Miller said production delays in France meant only 250 PhotoVision booths were installed against a projected 450, but that a further 500 would be added by the year-end.
Photo-Me would increasingly replace its traditional booths with the less costly PhotoVision, which offered a variety of picture styles.
In the six months to October 1994 Photo-Me saw taxable profits fall to £10 million (£10.4m). The interim dividend is held at 1.50p.
- 4 Alex Salmond: 'The rocks would melt with the sun before I'd ever set foot in the House of Lords'
Scottish independence referendum: A nation divided against itself
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Plebgate MP Andrew Mitchell called officer a 'little s**t', claim court documents 'exposing ex-Chief Whip's 'record of abusing police'
Hilary Mantel 'should be investigated by police' over Margaret Thatcher assassination story, says Lord Bell
Archbishop of Canterbury admits doubts about existence of God
iJobs Money & Business
£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...
Up to £100k or £450p/d: Saxton Leigh: My client is a leading commodities tradi...
£320 - £330 per day: Ashdown Group: The Ashdown Group have been engaged by a l...
To £75,000 + Pension + Benefits + Bonus: Saxton Leigh: My client is looking f...