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Trading statements

Rank Group's FY expectations for FY unchanged

18 May 2017 07:49

Rank Group said in a trading statement covering the 46 weeks to 14 May that its expectations for the FY remain unchanged.

Total group like-for-like revenue grew 1% in the period, 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 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.

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