Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
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  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
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  • to enable you to participate in interactive features of our service, when you choose to do so;
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  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Rank Group PLC (RNK)

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Thursday 21 May, 2015

Rank Group PLC

Interim Management Statement

RNS Number : 8384N
Rank Group PLC
21 May 2015
 

 

 

 

 

 

 

21 May 2015

 

The Rank Group Plc

("Rank" or the "Group")

 

Interim Management Statement for the 20 and 46 weeks to 17 May 2015

 

(all comparisons are with the equivalent periods in 2014)

 

Rank today announces like-for-like revenue for the 20 weeks to 17 May 2015 has grown by 5%, with total revenue up 4%. For the 46-week period like-for-like revenue increased by 4%, with total revenue up 3%.

 

Group and brand revenue for the 20 and 46 weeks to 17 May 2015*


Weeks 27 to 46

Weeks 1 to 46


Like-for-like**

Total

Like-for-like**

Total

Grosvenor Casinos

7%

8%

6%

7%

Mecca

3%

1%

2%

0%

Total ***

5%

4%

4%

3%

*Figures not adjusted for free bets, promotions and customer bonuses.

**Like-for-like excludes the effects of clubs openings, closures and relocations.

***Includes contribution from Enracha 

 

Henry Birch, chief executive of The Rank Group Plc, commented:

"The Group's performance continued to improve in the 20-week period, with our digital channels performing particularly strongly driven by improvements in marketing, retail cross-over and product development.  The improvement in Mecca's digital revenue seen in the last 20 weeks is especially pleasing resulting in overall growth in the Mecca brand."

 

Grosvenor Casinos


Weeks 27 to 46

Weeks 1 to 46


Like-for-like

Total

Like-for-like

Total

Venues - Customer visits

(1)%

0%

0%

1%

Venues - Spend per visit

6%

6%

4%

4%

Venues revenue

5%

6%

4%

5%

Digital revenue

55%

55%

62%

62%

Total brand revenue

7%

8%

6%

7%

 

In the 20-week period like-for-like brand revenue grew by 7%; total revenue was up 8%.

 

Venues like-for-like revenue was up 5%, an improvement from H1, as London's win margin recovered in the 20-week period.  Like-for-like customer visits fell by 1%, broadly in line with market trends.  Spend per visit increased by 6% driven by the higher win margin and major player activity in London.

 

A strong performance from live casino and increases in both customers and spend per visit led to a 55% increase in digital revenues in the 20-week period.

 

 

Mecca


Weeks 27 to 46

Weeks 1 to 46


Like-for-like

Total

Like-for-like

Total

Venues - Customer visits

(4)%

(5)%

(4)%

(6)%

Venues - Spend per visit

4%

3%

3%

3%

Venues revenue

0%

(3)%

0%

(2)%

Digital revenue

18%

18%

11%

11%

Total brand revenue

3%

1%

2%

0%

 

Like-for-like revenue for Mecca increased by 3% in the 20-week period, total revenue was up 1%.

 

Venues like-for-like revenue was flat in the 20-week period, an improvement on the decline seen in H1, as the benefits from product investment offset the impact of a 4% fall in customer visits.  Total revenue fell by 3% following the closure of five clubs in the last 12 months. 

 

Digital has continued to improve its performance in the 20-week period, with revenue up 18% driven by higher customer retention, an improved mobile product offer and a successful TV campaign.

 

Board

On 5 May 2015, the Group announced that Christopher Bell will be joining the Rank board on 1 June 2015 as senior independent director.  Chris will also serve on Rank's audit committee.

 

Outlook

The Board is encouraged that all its businesses have continued to make progress and expects the Group's full year performance will be in line with management's expectations.  Rank is in a strong financial position, possesses market-leading brands with multi-channel distribution and has a clear strategy for sustained long-term growth.

 

Forthcoming announcements

Rank will announce its full year results on 20 August 2015.

 

Ends

 

Conference Call

 

A conference call for investors and analysts will be held at 9.00am (London time) on Thursday, 21 May 2015.  Dial in information follows below:

 

UK (free call): 0800 694 0257

USA (free call): 18 66 966 9439

International: +44 (0)1452 555 566

 

Passcode: 45533555

 

A replay of the conference call will be available from the Rank Group's website (www.rank.com).

 

 

Contacts:

Rank

Sarah Powell - investor relations       Tel: +44 1628 504 303

 

Peel Hunt (corporate broker to Rank)

Dan Webster                                     Tel: +44 20 7418 8869

 

Media Enquiries:

FTI Consulting (PR adviser to Rank)

Edward Bridges                                             Tel: +44 20 3727 1067

Alex Beagley                                       Tel: +44 20 3727 1045

 

Notes to editors: 

 

1. About The Rank Group Plc 

The Rank Group Plc is a leading European gaming and betting business, based in the UK and listed on the London Stock Exchange (RNK.L). Its principal activities are the operation of casinos and bingo clubs with complementary digital gaming.

 

Rank's operations comprise:

 

·     Grosvenor Casinos - 58 casinos in Great Britain; two casinos in Belgium; online and mobile offering via grosvenorcasinos.com

·     Mecca - 91 bingo clubs in Great Britain; online and mobile offering via meccabingo.com

·     Enracha - 9 bingo clubs in Spain

 

2. Enracha

Enracha's contribution has been included within the Total Group numbers provided.  Due to Enracha's small contribution to the Group it has not been analysed out further.

 

For more information about The Rank Group, visit www.rank.com.

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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