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Paddy Power boosts dividend as revenue nears €900m

3rd March 2015 9:40 am GMT

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 [...]

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