Half Year Results 

Climbing up the Ranks

Climbing up the Ranks

Rank Group (RNK) restructured the operating model of its Grosvenor casino division in December 2018, reducing labour hours and simplifying management structures. The difference was immediate, generating savings of £8.2m in the six months to June 2019 with a further £11.3m expected in the current year. Growth has been strong, too, with a 15 per cent increase in like-for-like net gaming revenue for the division in the six months to December 2019.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now