Paddy Power Betfair made £440 million profit in 3 months

Revenues at bookmaker Paddy Power Betfair rose by 9 per cent to £440million in the group’s third quarter, driven by 11 per cent growth in sports revenue.

In the three months to end-September, revenues rose from £404 million to £440 million, with underlying earnings (EBITDA) up 7 per cent to £121 million. The group now expects full-year earnings to be in the range of between £450 million and £465 million.

https://www.irishtimes.com/business/retail-and-services/revenues-rise-by-9-at-paddy-power

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s