RANK GROUP (RNK) – Leisure
| Price: 96.2p – 8.7% | P/E: 11.4 |
| Market Cap: £457m | Yield: 3.1% |
Unfortunate news for investors in Rank Group, who Spanish businesses Enracha and Yo have been the victim of payment fraud to the tune of €7.1 million.
The firm has brought in an external law firm to investigate and is cooperating with the authorities. Meanwhile the loss will go down as an exceptional item in the FY26 results.
Read the press release here: https://www.rank.com/investors/
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