Rank delivers 'ongoing growth and momentum' in Q3.

Bookmaker Rank said on Thursday that it had delivered "ongoing growth and momentum" across all business units in Q3, with like-for-like revenues up double digits.

Rank Group
10 April 2025 09:59:43

Source: Sharecast

Rank said group like-for-like net gaming revenues grew 10.9% to £195.6m in Q3, with year-to-date NGR up 12.2% year-on-year. On a channel basis, digital like-for-like NGR was up 15.4% in Q3 and venue like-for-like NGR was up 9.1%.

Grosvenor venues revenue was up 14.4% year-to-date, while Mecca and Enracha venues saw a 4.8% and 5.9% increase in NGR, respectively.

Chief executive John O'Reilly said: "Since announcing our interim results in January, we have continued to deliver strong growth and expect to deliver Group like-for-like operating profit for the full year in line with expectations. This is notwithstanding the uncertain economic environment and the significant cost and regulatory headwinds that we face from the start of Q4 (1 April 2025)."

As of 1000 BST, Rank shares were up 3.08% at 80.40p.

Reporting by Iain Gilbert at Sharecast.com

N/A

ISIN: N/A

Exchange: N/A

Sell:

N/A

Buy:

N/A

Change:

Date:

Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

View our accounts

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.