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Rank Group PLC (RNK.L)

RNK.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Rank Group H1 Adjusted Profit Before Tax 40.2 Mln Stg Vs 34.5 Mln Stg‍​
Thursday, 1 Feb 2018 01:12am EST 

Feb 1 (Reuters) - Rank Group Plc ::H1 ADJUSTED PROFIT BEFORE TAX AT £40.2 MILLION VERSUS £34.5 MLN‍​.H1 GROUP LIKE-FOR-LIKE REVENUE UP 1 PERCENT AT £378.1 MILLION.H1 DIVIDEND PER SHARE 2.15P VERSUS 2.00P‍​.H1 NET DEBT DECREASED BY £37 MILLION.MANAGEMENT’S EXPECTATIONS FOR THE FULL YEAR UNCHANGED.H1 UK DIGITAL OPERATING PROFIT UP 56 PERCENT AT 11.4 MILLION STG."ALONG WITH MUCH OF THE HIGH STREET, WE HAVE FACED A MORE CHALLENGING RETAIL TRADING ENVIRONMENT IN THE FIRST HALF" - CEO.H1 UK DIGITAL REVENUE AT 16 PERCENT AT 60.6 MILLION STG.  Full Article

Cherry Subsidiary Signs Agreement With Rank Group
Tuesday, 19 Dec 2017 04:00am EST 

Dec 19 (Reuters) - Cherry Ab (Publ) ::YGGDRASIL CONTINUE TO GROW IN THE UK - SIGNS AGREEMENT WITH RANK GROUP.‍YGGDRASIL GAMING, A CHERRY AB SUBSIDIARY HAS SIGNED AGREEMENT WITH RANK GROUP​.  Full Article

Rank Group says LFL revenue for 16 weeks up by 2 pct​
Thursday, 19 Oct 2017 02:00am EDT 

Oct 19 (Reuters) - Rank Group Plc :‍GROUP LIKE-FOR-LIKE REVENUE FOR 16 WEEKS TO 15 OCTOBER 2017 HAS GROWN BY 2%.​.ON A CHANNEL BASIS, VENUES REVENUE FELL BY 1% AND DIGITAL REVENUE GREW BY 19%. FOR 16 WEEKS TO 15 OCTOBER 2017​.‍MANAGEMENT'S EXPECTATIONS FOR FULL YEAR REMAIN UNCHANGED.​.‍MECCA'S VENUES LIKE-FOR-LIKE REVENUE WAS DOWN 2% FOR 16 WEEKS TO 15 OCTOBER 2017​.‍GROSVENOR CASINOS' VENUES LIKE-FOR-LIKE REVENUE WAS DOWN 1% FOR 16 WEEKS TO 15 OCTOBER 2017​.  Full Article

Rank Group says total dividend up by 12 pct
Thursday, 17 Aug 2017 02:00am EDT 

Aug 17 (Reuters) - RANK GROUP PLC ::TOTAL DIVIDEND UP 12 PERCENT TO 7.3 PENCE PER SHARE."NEW FINANCIAL YEAR HAS STARTED WELL AND BOARD LOOKS TO FUTURE WITH CONFIDENCE".  Full Article

Rank Group says FY like-for-like revenue up 1 pct to 754 mln stg
Thursday, 17 Aug 2017 01:00am EDT 

Aug 17 (Reuters) - RANK GROUP PLC ::DIVIDEND UP 12% TO 7.30P PER SHARE.FY GROUP LIKE-FOR-LIKE REVENUE AT £754.0M, UP 1 PERCENT.FY UK DIGITAL REVENUE UP 15% WITH PROFIT INCREASING 63%.FY STATUTORY REVENUE FLAT AT £707.2M.FY PROFIT BEFORE TAXATION AFTER EXCEPTIONAL ITEMS DOWN 7 PERCENT AT £79.7M.FY NET DEBT AT £12.4M.FY DIVIDEND PER SHARE AT 7.30P UP 12%.  Full Article

Rank Group says management's expectations for full year remain unchanged
Thursday, 18 May 2017 02:00am EDT 

May 18 (Reuters) - Rank Group Plc ::ims: 46 weeks to 14 may 2017.Total group like-for-like revenue grew by 1% for 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..Management's expectations for full year remain unchanged..  Full Article

Rank Group says H1 operating profit down 9 pct
Thursday, 26 Jan 2017 01:14am EST 

Rank Group Plc : Half-Year results for six months ended Dec. 31 2016 . Like-For-Like group revenue up 2 pct . HY digital revenue up 11 pct; digital platform stable and performing well . HY like-for-like retail revenue flat in period . Improving trends in retail casino and UK digital in Q2 over Q1 . Digital operations restructured to drive further future growth . HY debt levels 37 pct lower than prior year with leverage down to 0.3x . Continued strong dividend growth with interim dividend of 2.0p, up 11 pct year-on-year . "first half of group's financial year has seen challenging trading conditions for both our retail casino and bingo businesses, with strong comparable figures in previous year" . Both businesses showed a year-on-year improvement from quarter to quarter . Digital business continues to grow strongly and there remains significant potential for this channel as we deliver improvements in H2 . Despite increased inflationary and employment costs, we have detailed plans to improve H2 operating profit and remain confident that group will make good strategic progress in 2017 . As a result, board expects that full year results will be in line with market forecasts Further company coverage: [RNK.L] (Bengaluru Newsroom) ((+91 806 749 1136;)).  Full Article

Rank Group says total revenue for 15 wks to Oct. 9 flat
Friday, 14 Oct 2016 06:00am EDT 

Rank Group Plc : Rank Group Plc - interim management statement . Total group like-for-like revenue for 15 weeks to Oct. 9 2016 has grown by 1 pct, with total revenue flat . On a channel basis, venues revenue was down 1 pct and digital revenue grew by 7 pct . Grosvenor Casinos' venue like-for-like revenue declined by 1 pct .Expectations for full year remain unchanged..  Full Article

Rank Group says FY adj profit 77.4 mln stg vs 74.1 mln stg
Tuesday, 23 Aug 2016 01:18am EDT 

Rank Group Plc : Continued like-for-like growth across all brands and channels, with group like-for-like revenue up 3 pct . Group EBITDA and group operating profit before exceptional items up in the year, 5 pct and 4 pct respectively, excluding the impact of remote gaming duty . Strong dividend growth with dividend per share of 6.50p, up 16 pct year-on-year . FY adjusted profit before tax 77.4 mln stg versus 74.1 mln stg . Trading in the short seven-week period to August 14 2016 has been positive and is in line with management’s expectations . Rank is predominantly a UK facing business with limited exposure to non-sterling costs and earnings . The UK’s decision to leave the European Union is expected to have little or no direct impact on Rank’s performance . Any likely impact would however be driven by any macro-economic impact of lower UK growth rates or loss of consumer confidence and spending power Further company coverage: [RNK.L] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

William Hill sees FY profit at top of range as 888-Rank bid falls through
Thursday, 18 Aug 2016 11:43am EDT 

William Hill Plc : Statement regarding 888 and rank group withdrawal . Consortium is bound by restrictions of takeover code . Had a good start to second half of year and board now expects operating profit 1 for 2016 to be at top end of previously guided £260-280m range .Management believe there are opportunities to benefit from increased efficiencies in certain areas of business.  Full Article

UPDATE 1-Britain's Rank Group appoints John O'Reilly as CEO

April 30 Britain's Rank Group Plc on Monday named John O'Reilly as its chief executive, less than a month after it warned on profit and said that a weaker consumer outlook had hit the number of gamblers visiting its casinos and bingo halls.