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RNK Rank Group Plc

74.00
3.00 (4.23%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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
  3.00 4.23% 74.00 72.00 74.00 75.00 72.00 73.00 194,074 16:35:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Amusement & Rec Svcs, Nec 681.9M -95.3M -0.2034 -3.63 345.7M

Rank Group PLC IMS: 46 weeks to 14 May 2017 (4741F)

18/05/2017 7:00am

UK Regulatory


Rank (LSE:RNK)
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From Apr 2019 to Apr 2024

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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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