Brief: Rank Group Sees Underlying LFL Operating Profit For FY Slightly Ahead Of Expectations

Rank

30/01/2025 07:28

Jan 30 (Reuters) - Rank Group PLC  RNK.L :
    * RANK GROUP PLC  - HALF-YEAR REPORT
    * RANK GROUP: H1 LIKE-FOR-LIKE ('LFL') NET GAMING REVENUE
('NGR')
OF £401.8M, UP 13%
    * RANK GROUP:  SEES UNDERLYING LFL OPERATING PROFIT FOR YEAR
ENDING 30 JUNE 25 SLIGHTLY AHEAD OF CURRENT EXPECTATIONS
    * RANK GROUP:  SEES SOME TRADING VARIANCE IN Q3, INCREASED
COST
PRESSURES IN Q4 WITH GAMBLING ACT MEASURES
    * RANK GROUP: ANTICIPATES IMPACT FROM INCREASE IN EMPLOYER
NIC AND
NATIONAL LIVING WAGE FROM APRIL
    * RANK GROUP: BENEFITS FROM LAND-BASED LEGISLATIVE REFORMS
EXPECTED TO BE IMPLEMENTED FROM SUMMER 2025
    * RANK GROUP: PROPOSED AN INTERIM DIVIDEND OF 0.65 PENCE PER
SHARE

Source text:  ID:nRSd1925Va 
Further company coverage:  RNK.L 

 ((Reuters.Briefs@thomsonreuters.com;))