Demand for travel documents since the end of Covid restrictions has helped Photo-Me.
(Picture: Getty Images)Sales at Photo-Me International have made a strong recovery after the lifting of Covid-19 travel restrictions, helping it issue a special dividend to shareholders and sending its stock sharply higher.
Known for its photo booths used to take pictures approved for use on passports and other official documents, the company posted a 66% rise in profit before tax of £19.9 million for the six months to April 30. Revenue rose 22% to £115.3 million, as demand recovered more strongly than expected.
