Shares in Irish bookmaker Paddy Power soared more than 9 per cent in London this morning after the company proposed a 13 per cent increase in its full year dividend, as well as an additional cash return of €392m to shareholders.
It followed a strong performance by the company in 2014 which saw total net revenue increase by 18 per cent to €881.6m during the year, with the operator’s online channel contributing nearly two-thirds of the [...]
