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The Rank Group improves revenue in H2

George Miller
February 1, 2019
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The Rank Group improves revenue in H2Reading Time: 1 minute

 

The Rank Group has announced its interim results for the last six months, showing an increase in revenue from £366m to £375m.

The result shows an improvement in digital revenue in the period, with Mecca Bingo and Grosvenor Casinos continuing to grow customer volumes.

John O’Reilly, chief executive, said: “The first half of our financial year has been a tough trading period. I am, however, encouraged by the group’s improved performance in H2. The three-year transformation programme that we outlined at our full-year results in August 2018 is now well under way with nearly 300 initiatives identified and tasked. The programme will gain further momentum in H2 2018/19 and the management team is positive about what can be achieved.”

“While there is lots to be done to deliver the revenue improvements and cost efficiencies identified, I am confident in the outlook for Rank and excited about the opportunities that exist”, he added.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: The Rank Group improves revenue in H2

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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Expertise & Evolution – More Than Just News

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