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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rank Group Plc | LSE:RNK | London | Ordinary Share | GB00B1L5QH97 | ORD 13 8/9P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.80 | 2.12% | 86.80 | 86.40 | 88.20 | 90.60 | 84.60 | 84.60 | 124,385 | 16:35:26 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Amusement & Rec Svcs, Nec | 681.9M | -95.3M | -0.2034 | -4.25 | 404.72M |
TIDMRNK
RNS Number : 4741F
Rank Group PLC
18 May 2017
Trading statement
18 May 2017
The Rank Group Plc (LSE: RNK) (Rank or the Group) announces the following trading update for the 46 weeks to 14 May 2017
Rank today announces total Group like-for-like revenue grew by 1% for the 46 weeks to 14 May 2017, with total revenue flat. On a channel basis, digital revenue grew by 13%, venues* like-for-like revenue was flat.
Grosvenor Casinos' venues like-for-like revenue declined by 1%, impacted by a lower gaming margin. Mecca's venues like-for-like revenue was down 2%, with lower customer visits partially offset by an increased spend per visit.
Grosvenor Casinos' digital channel continued to grow strongly, with revenues up 35% in the period. Mecca's digital revenue grew by 2% in the period.
Management's expectations for the full year remain unchanged.
*including Enracha's performance
Forthcoming announcements
Rank will announce its preliminary results on 17 August 2017.
Ends
Contacts:
Rank
Sarah Powell - investor relations Tel: +44 1628 504 303
Media Enquiries:
FTI Consulting (PR adviser to Rank)
Edward Bridges Tel: +44 20 3727 1067 Alex Beagley Tel: +44 20 3727 1045
Notes to editors:
1. Figures are not adjusted for customer incentives. 2. Like-for-like excludes the effects of club openings, closures and relocations. 3. All comparisons are with the same 46-week period in 2015/16.
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTOKODBABKDPPD
(END) Dow Jones Newswires
May 18, 2017 02:00 ET (06:00 GMT)
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