Paddy Power reports 10% rise in pre-tax profits
Bookmaker Paddy Power has reported a 10% rise in pre-tax profits for the first six months of the year.
The company said its profits were just over €45m during the period.
Earnings per share have grown by 17% and operating profit in its online business is up 43%.
Paddy Power said growth has slowed in line with the deterioration in the economy and it has moderated its operating profit outlook for the full year from €82m to €75m as a result.
