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Rank Group raises guidance for FY2020

16th January 2020 7:57 am GMT
Rank Group

London-listed gaming operator Rank Group is on track to exceed market expectations for the current financial year as a result of organic growth and cost savings.

The company expects underlying operating profit for the financial year ending June 30th, 2020, to be more than 10 per cent ahead of current market expectations, buoyed by growth in its Digital, Grosvenor and International Venues businesses.

Rank has also benefited from cost savings under its Transformation Programme, which should result [...]

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