Rank Group lifts profits, boosts dividend and targets £100m as tax headwinds loom

Rank Group plc ( (GB:RNK) ) just unveiled an announcement.

Rank Group reported a 6% rise in like-for-like net gaming revenue to £419.8m and a 15% increase in underlying like-for-like operating profit to £40.6m for the six months to 31 December 2025, driven by growth across all businesses and particularly strong gains in digital and gaming machines. Despite a £6.5m loss from a payment fraud in its Spanish operations weighing on statutory profit, the group strengthened its balance sheet with higher net cash, lifted return on capital employed to 15.9%, and raised its interim dividend by 54%, signalling confidence in meeting full-year expectations and its medium-term goal of at least £100m in annual operating profit. Operationally, Rank accelerated investment in gaming machines across Grosvenor venues, expanded and upgraded its digital offerings in the UK, Spain and Portugal, and enhanced safer gambling controls, while preparing mitigation measures against significant headwinds from the UK’s sharp increase in Remote Gaming Duty and higher labour costs. The company also disclosed that CEO John O’Reilly will retire, handing over to interim CEO Richard Harris at a time when the group is navigating both strong trading momentum and a rapidly changing UK regulatory and tax environment.

The most recent analyst rating on (GB:RNK) stock is a Buy with a £101.00 price target. To see the full list of analyst forecasts on Rank Group plc stock, see the GB:RNK Stock Forecast page.

Spark’s Take on GB:RNK Stock

According to Spark, TipRanks’ AI Analyst, GB:RNK is a Neutral.

Rank Group plc’s overall stock score is driven by strong financial performance and a solid valuation, offset by bearish technical indicators and mixed corporate events. The company’s financial stability and growth plans are positive, but the recent UK budget changes and technical analysis suggest caution.

To see Spark’s full report on GB:RNK stock, click here.

More about Rank Group plc

The Rank Group plc is a UK-listed gambling operator with a portfolio of Grosvenor casinos, Mecca bingo halls and Enracha venues in Spain, alongside UK and international digital gaming brands. It generates net gaming revenue from both land-based venues and online platforms, with a growing focus on gaming machines and digital channels in the UK, Spain and, more recently, Portugal.

Average Trading Volume: 486,173

Technical Sentiment Signal: Sell

Current Market Cap: £423M

Learn more about RNK stock on TipRanks’ Stock Analysis page.