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Rank Reinstates Dividend Following 2009 Revenue Growth

25th February 2010 10:46 am GMT

Shares in Rank Group plc reached a new 52-week high of 101.50 pence per share this morning after the company reported a 3% increase in revenues to £520.5 million for the year ended December 31st 2009. Reporting growth at both Grosvenor Casinos and Mecca Bingo, Rank's online gaming division Rank Interactive was the only business segment not to achieve growth during the year.

Revenues from Rank Interactive fell 3% year-on-year to £50.8 million despite revenues from [...]

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