Business
IMS: 46 weeks to 14 May 2017
IMS: 46 weeks to 14 May 2017.
About this update from Rank Group Plc
[{"type":"text","content":"\n \nRNS Number : 4741F Rank Group PLC 18 May 2017 \n\nTrading statement \n \n18 May 2017\nThe Rank Group Plc (LSE: RNK) (Rank or the Group) announces the following trading update for the 46 weeks to 14 May 2017\nRank today announces total Group like-for-like revenue grew by 1% for the 46 weeks to 14 May 2017, with total revenue flat. On a channel basis, digital revenue grew by 13%, venues* like-for-like revenue was flat.\nGrosvenor Casinos' venues like-for-like revenue declined by 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.\nGrosvenor Casinos' digital channel continued to grow strongly, with revenues up 35% in the period. Mecca's digital revenue grew by 2% in the period.\nManagement's expectations for the full year remain unchanged.\n*including Enracha's performance\nForthcoming announcements\nRank will announce its preliminary results on 17 August 2017.\n \nEnds\nContacts:\nRank\nSarah Powell - investor relations Tel: +44 1628 504 303\nMedia Enquiries:\nFTI Consulting (PR adviser to Rank)\nEdward Bridges Tel: +44 20 3727 1067\nAlex Beagley Tel: +44 20 3727 1045\nNotes to editors:\n1. Figures are not adjusted for customer incentives.\n2. Like-for-like excludes the effects of club openings, closures and relocations.\n3. All comparisons are with the same 46-week period in 2015/16.\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END TSTOKODBABKDPPD\n ","length":2972,"ta...