Photo-Me looks for positives after heavy loss

Photo-booth firm Photo-Me International set out a recovery plan today after “deeply unsatisfactory” results saw it plunge £21.6m (€27.2m) into the red.

Photo-Me looks for positives after heavy loss
Thu, 10 Jul, 2008 - 12:12

Photo-booth firm Photo-Me International set out a recovery plan today after “deeply unsatisfactory” results saw it plunge £21.6m (€27.2m) into the red.

The loss for the year to April 30 included £14.8m (€18.6m) of one-off items after a failed attempt to sell its vending arm disrupted the business.

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