Profits at Paddy Power rose 21 per cent to €167 million last year on the back of strong growth in both its bookie shop and on-line betting businesses.
The listed bookmaker said on Tuesday that net revenues were up 18 per cent at €882 million in 2014. Earnings per share rose at a similar rate to 297.6 cent.
The company is proposing to return €392 million to shareholders this year in the form of an €8 per share payment from surplus cash.
This will be on top of a full-year dividend of 152 cent per share.
