Paddy Power shares jump as revenues rise 28 per cent
UPDATE: Paddy Power has reported net revenue up 28 per cent in the year to date, driven by 31 per cent growth in online revenue and 26 per cent growth in retail revenue.
Shares in Paddy Power have rise 3.5 per cent in early trading after it reported net revenue up 28 per cent in the year to date.
The growth was driven by 31 per cent growth in online revenue and 26 per cent growth in retail revenue, it said.
The bookmaker also said that sports results have been favourable with the Group’s sportsbook gross win percentage above the equivalent period last year and its normal expectations.
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