London · Delayed Price · Currency is GBP · Price in GBX The Rank Group Earnings Call Transcripts
Fiscal Year 2026
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Net gaming revenue grew 6% to £419.8m and operating profit rose 15% to £40.6m year-over-year, with strong performance across all segments. The group remains on track for £100m+ operating profit, despite higher UK digital gaming taxes and a £6.5m Spanish fraud loss.
Fiscal Year 2025
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Management outlined a disciplined growth strategy leveraging land-based gaming reforms, targeting £9.5m NGR per week and a 500bps margin improvement. Early slot machine expansion results are strong, with further growth expected as more venues are upgraded.
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Double-digit revenue and profit growth were achieved across all segments, driven by strong casino and digital performance, with major UK casino reforms enabling a significant increase in gaming machines. Elevated capital investment continues, with a clear path to £100+ million operating profit by FY 2028.
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Delivered strong H1 results with 13% revenue and 55% operating profit growth, driven by robust performances across Grosvenor, digital, and Mecca segments. Positioned for further gains with regulatory reforms, efficiency programs, and continued investment.
Fiscal Year 2024
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Delivered 9% NGR growth and strong profitability, with all segments contributing to improved results. Digital business led with 12% NGR growth and margin expansion, while a robust cash position enabled dividend reinstatement and continued investment.