Rank Group plc RNK In the 40 weeks to the first of April the digital business has continued to trade strongly but like for like revenue at Mecca and Grosvenor Casinos fell by 2% and 3% respectively. In quarter three the fall at casinos turned into a slump with like for like revenues falling by 9%, the under performance exacerbated by a negative contribution from VIP players. The board is taking corrective measure but expects that the groups UK venues will continue to be impacted for the remainder of the current financial year and will continue into 2018-19
Electrocomponents plc ECM expects results for the year to the end of March will be ahead of their own previous expectations and profit before tax will be slightly head of the top end of market expectations. The second half produced strong year on year growth in free cash flow. Group overall like for like revenue growth for the year shows a rise of 13%, Asia Pacific leading the way with a rise of 18% and The Americas taking second place with a rise of 14%
Homeserve plc HSV adjusted profit before tx for the year to the end of March is expected to be significantly ahead of last years 112m after another strong year. North America produced an excellent performance, driven by continued organic growth and acquisitions
AdEPT Telecom ADT is to recommend an increase from 4p to 4.5p per share in the final dividend for the year to the end of March, making an inrease of 13% for the year a a whole. . Underlying EBITDA will be slightly ahead of market expectations of a 23% year on year rise.
Sophos Group SOPH updates that the year to 31st March was another year of strong growth with reported billings showing n increase of 20-22%, rising to 23% in quarter four.
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