The Rank Group: results from gaming group show a transformative year going forward

This morning’s results announcement from Rank Group (LON:RNK), the UK’s £701m-capitalised gaming and entertainments group, reported that the year to end-June saw its group underlying net gaming revenues growing 11% to £795.3m (£716.3m), while its pre-tax profits rose an impressive 248% to £53.9m (£15.5m). 
The group’s earnings generated came out some 54% ahead at 9.1p (5.9p) per share, while its dividend was increased by 206% to 2.60p (0.85p) per share. 
Growth in all divisions 
The business stated that the last year was marked by continued strong momentum, with revenue growth a...

Latest News

More Articles Like This