Results wrap: Growth for Flutter, BoI, Permanent TSB and Ires while BP beats expectations

Ires Reit’s growth came despite a revolt from dissident shareholders while Flutter’s gains were fuelled by US revenues

Peter Jackson, Flutter CEO, oversaw impressive revenues driven by US growth in the first quarter. Picture: Fergal Phillips

There were strong performances by Flutter, Bank of Ireland and Ires Reit, all of which published their quarterly results on Wednesday, while BP outperformed expectations despite a drop in profits.

Revenue at Flutter, which owns Paddy Power, jumped by 54 per cent year on year to €2.7 billion for the first quarter of 2023. The overall monthly average players for the gambling giant grew by 30 per cent to 12.3 million compared to the same ...