** Shares of Rank Group RNK.L gains 1.3% to 91.9 pence
** RNK reports HY adj like-for-like operating profit up 55% to 32.9 mln pounds ($40.93 mln)
** Posts HY LFL net gaming rev 401.8 mln pounds, up 13%
** Sees adj LFL operating profit for year ending June 30, 2025, slightly ahead of current expectations
** Second half will see inflationary employment cost headwinds & negative financial impact of some of the measures in Gambling Act, says CEO John O'Reilly
** Also, proposes interim dividend of 0.65 pence per share
** Stock rose ~14% in 2024
($1 = 0.8037 pounds)
(Reporting by Ankita Bora in Bengaluru)
((Ankita.Bora@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.