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Paddy Power eyes US growth as it posts strong start to year

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Paddy Power has reported a solid first half, with a better-than-expected performance in gaming and a "strong conclusion to the World Cup".

The figures

The bookmaker's revenues grew seven per cent to £867m in the six months to 30 June, with underlying EBITDA up one per cent.

In the second quarter online and sports revenue were up 13 per cent and 12 per cent respectively.

Profit before tax rose four per cent to £106m, while earnings per share nudged up one per cent.


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