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PHTM's outlook

By BFN News | 07:30 AM | Friday 08 January, 2016

Photo-Me Int'l noted a 90% rise in sales in Japan due to the country's introduction of mandatory photo ID. If this continued for the last four months of the FY, its results would be materially ahead of market views. It said its trading in Japan in November and December 2015 was well ahead of the group's expectations. "Whilst to date we have only seen an impact on trading in November and December, if a similar level of trading in Japan were to continue in the remaining four months of the financial year then, ceteris paribus, Photo-Me would expect to report results materially ahead of current market expectations," the company said. Story provided by

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