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.
- 1 Cyclist in Russia narrowly misses being hit by car and lorry
- 2 'F*ck it, I quit': KTVA reporter Charlo Greene quits live on air in spectacular fashion
- 3 What are your fingerprint words?
- 4 Gary Lineker involved in Twitter row after presenter rubbishes claims he will be warned by BBC over foul-mouthed tweets
- 5 Pink Floyd new album: Band unveil cover art for first record in 20 years
Scotland could still declare independence – even without referendum, says Alex Salmond
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Hilary Mantel 'should be investigated by police' over Margaret Thatcher assassination story, says Lord Bell
Plebgate MP Andrew Mitchell called officer a 'little s**t', claim court documents 'exposing ex-Chief Whip's 'record of abusing police'
Archbishop of Canterbury admits doubts about existence of God
Labour Party conference: Ed Balls to set out plan to freeze child benefit to balance books
iJobs Money & Business
£65000 Per Annum Benefits + bonus: Clearwater People Solutions Ltd: If you are...
£20000 - £25000 per annum + OTE £40,000: SThree: SThree are a global FTSE 250 ...
£20000 - £25000 per annum + OTE £40000: SThree: As a Recruitment Consultant, y...
£20000 - £25000 per annum + OTE £40,000: SThree: SThree Group have been well e...