Adverse Mark-To-Market Valuations Support Guoco's Scheme
The circular for the proposed privatisation of Guoco Group Ltd (53 HK) by way of a scheme has been dispatched. The IFA (Somerley) has given a fair...
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Rank Group - Weakness in Grosvenor affects EBIT
Rank’s trading update (13 weeks to 1 April) showed 17% growth in Digital, but the core Venues disappointed, with Mecca down 2% and Grosvenor down...
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Rank Group - Operational efficiencies keep forecasts intact
Similar to last year’s trends, Rank reported that total Venues l-f-l revenues declined by 1%, mainly due to lower customer visits. This was offset...
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Mecca digital picking up growth
The 19% growth in digital revenue is the key highlight in Rank Group’s trading update (16 weeks to 15 October). Grosvenor digital was up 34% and,...
191 Views
Digital growth offsets Venues decline
Rank Group’s FY17 results highlighted the growth potential of its Digital division. Online revenue grew 15.3%, with an impressive operating margin...
193 Views