Irish bookmaker Paddy Power has reported record pre-tax profits of ‚ā¨167m for the full year 2014, an increase of 21%.
That is one of a range of successful figures for the operator, as net revenue increased by 18% to ‚ā¨882m, while gross profit went up by 16% to ‚ā¨713.9m.
Operating profit also reached a record total, going up by 21% to ‚ā¨167m and retail operating profit in the UK, where Paddy Power opened 55 shops last year to expand its portfolio in the country to 322 sites, jumped by 50% to ‚ā¨21.2m.
EBITDA grew by 20% to ‚ā¨211.8m and dividends at the end of the year were up 13% to 152.0 cents.
Individual business units also showed improvement, with its online operation up 19% to ‚ā¨553m and Paddy Power noted that 55% of this total was collected via mobile activities.
Paddy Power CEO Andy McCue said: "2014 was an excellent year for Paddy Power with robust double-digit growth in stakes, revenues and profits and a marked increase in customer acquisition.
"We are strongly positioned in the key growth areas of online and mobile, while also benefitting from a differentiated and resilient retail presence.‚ÄĚ
Paddy Power‚Äôs share price was up 9% to ‚ā¨72.71 on Tuesday morning.