Rank: lottery loser

Article Abstract:

Rank has been affected by the UK National Lottery but this may only have a short-term impact. Rank's HavenWarner and Butlins should benefit from a rise in prices by UK package holiday operators. Rank's film processing operations have performed well, and the company has opened new facilities in Arkansas for duplicating videos. The company is hoping for a reform of UK legislation covering advertising for gambling, and expects leisure spending to rise in real terms, but there is no certainty that this will occur.

Legal Gambling, Gambling Industries, Other Motion Picture and Video Industries, Movie Film Processing, Gambling, Rank Group PLC, Motion picture film processing

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ActionLeisure

Article Abstract:

ActionLeisure was previously called Caverdale, and distributes leisure products. The group includes M and P, which supplies motorcycle accessories, and sales of motorcycles are increasing. The group also sells marine, bicycle, and health and fitness products, and is moving into internet retailing. The group is likely to report a loss of 250,000 pounds sterling for 1999, and a profit of 1.55 million pounds for 2000, according to Peel Hunt.

Distribution of goods, Distribution (Commerce), ActionLeisure

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Growth in leisure

Article Abstract:

HG Young is a consumer goods distributor which has moved into leisure and sports equipment such as Head tennis equipment. The company was traditionally geared to optical, electronic and automotive products. Gearing has increased to over 100% due to acquisitions. The move toward leisure and sporting goods should benefit the company as a whole. Concerns about lack of liquidity could be affecting the company's stock price.

United Kingdom, Sporting goods industry, H. Young Holdings PLC

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