Rank Group plc (GB:RNK) has released an update.
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Rank Group plc has reported a significant year-on-year growth with a 9% increase in like-for-like Net Gaming Revenue (NGR) and a remarkable 131% rise in underlying operating profit, indicating a strong financial rebound. The company’s balance sheet remains robust with a net cash position and the continuation of strategic investments in technology and workforce. Demonstrating confidence in their financial recovery and future prospects, Rank Group is proposing to resume dividend payments with a final dividend of 0.85p per share.
For further insights into GB:RNK stock, check out TipRanks’ Stock Analysis page.
