Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Full Year Trading Update

10th Jul 2025 07:00

RNS Number : 4351Q
Rank Group PLC
10 July 2025
 

The Rank Group PlcLEI: 213800TXKD6XZWOFTE12

10 July 2025

Full Year Trading Update

Strong underlying operating profit - ahead of expectations

The Rank Group Plc (LSE: RNK) ('Rank' or the 'Group') provides a positive update on its trading performance for the 12 months to 30 June 2025.

Group like-for-like1 Net Gaming Revenue ('NGR')2 for the year grew by 11% to c. £795m and the Group now expects to report full year underlying LFL operating profit of at least £63m.

John O'Reilly, Chief Executive, said:

"We have enjoyed a very strong year of earnings growth despite the significant cost and regulatory headwinds that we have faced from the start of Q4. The momentum experienced in the first three quarters has continued, with strong trading in Q4 resulting in our full year underlying operating profit being ahead of expectation.

"We are at an exciting inflection point for the Group with the land-based casino reforms now law and coming into force from 22 July. At that point, we will begin the process of securing licence variations from local authorities in England and Wales ahead of the rollout of additional gaming machines across the Grosvenor estate to better meet customer demand."

Rank will publish its preliminary results for 2024/25 on 14 August 2025.

Ends

 

Contacts:

Rank

David Williams - corporate affairs & investor relations Tel: +44 1628 504 295

 

Media Enquiries:

FTI Consulting LLP (PR adviser to Rank)

Edward Bridges Tel: +44 20 3727 1067

Alex Beagley Tel: +44 20 3727 1045

Notes to editors:

1. Like-for-like excludes the effects of club closures, foreign exchange movements and business disposals.

2. NGR represents Gross Gaming Revenue after customer incentives.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
TSTUPUCPMUPAGQB

Related Shares:

Rank
FTSE 100 Latest
Value8,918.68
Change-56.98