Paddy Power reports profit surge

Irish bookmaker Paddy Power revealed an impressive increase in half year profit and revenue following strong online growth and a robust performance in Australia following its investment last year.

Irish bookmaker Paddy Power revealed an impressive increase in half year profit and revenue following strong online growth and a robust performance in Australia following its investment last year.

Pre-tax profit rose to €68.7m for the six months ended 30 June 2012 from €56.8m the same time a year before. Operating profit advanced 7 per cent at €48.5m.

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