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Add Paddy Power Shares Slump On Results

Minerva Pilkington 2025-10-20 18:22:52 +08:00
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<br>Paddy Power [shares slump](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) on outcomes<br>
<br>Shares in Paddy Power Betfair have actually fallen by about 5% after the bookie unveiled disappointing first-quarter outcomes.<br>
<br>The company's underlying operating earnings fell to ₤ 80m, [compared](https://harry.main.jp/mediawiki/index.php/%E5%88%A9%E7%94%A8%E8%80%85:MargaretSwan611) to ₤ 91m for the same period in 2017.<br>
<br>It [blamed bad](https://pipewiki.org/wiki/index.php/User:KaleyVillarreal) weather in March for [lower profits](https://working.altervista.org/employer/kc-gaming-networks-ltd/) from [horseracing](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) after 14% of UK and Irish races were cancelled.<br>
<br>New wagering taxes and start-up losses in the US also took their toll.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The company stated it was [planning](https://gogs.spbda.ru/wildarafferty) to return ₤ 350m of money to investors in the next 12 to 18 months, with a [share buyback](https://worship.com.ng/antonfeliciano) program to be initiated shortly.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Paddy Power [Betfair](https://gitlab.tu-dortmund.de/leonardkidd162) opened three brand-new stores in the UK and 2 in during the quarter, taking its total to 631.<br>
<br>'Good development'<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The company stated group revenue was down 2% at ₤ 408m for the quarter,<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Growth in football betting was balanced out by "weakness in horseracing, which was adversely impacted by the high level of weather-related cancellations".<br>
<br>It [anticipates full-year](https://vmi456467.contaboserver.net/geniacisco829) [earnings](https://wiki.tgt.eu.com/index.php?title=User:TorriBagley) to come in at between ₤ 470m and ₤ 485m.<br>
<br>"We have made great development against our tactical top priorities," said [primary executive](https://classifieds.ocala-news.com/author/roxie233473) Peter [Jackson](https://wikisofia.cz/wiki/Bet9ja_Promotion_Code:_YOHAIG_-_A_Step-by-Step_Guide_To_The_Bet9ja_League_Free_Bets).<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>"In Europe, the successful completion of our platform combination has led to a meaningful enhancement to the Paddy Power item.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>"In Australia, [Sportsbet](https://git.vekus.ru/ezequielizn332) continues to carry out well and is targeting additional market share growth."<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>"[Weather](https://gitea.cs.pollub.pl/rustyswayne98) is a big aspect in our market and the [horrible start](https://git2.ujin.tech/kendallprim84) to [this promotion code](https://git.k8sutv.it.ntnu.no/brodielefanu91) year has impacted lots of services, not just the bookies. It is not [surprising](https://gogs.spbda.ru/wildarafferty) that profits have slumped, however the real test will be through [the yohaig code](https://rentry.co/78800-bet9ja-promotion-code-yohaig---a-step-by-step-guide-to-the-bet9ja-league-free-bets) spring and summertime," stated Andy Bell from Bettingodds.com, external.<br>
<br>Betting company 'failed problem gamblers'<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>2 May 2018<br>
<br>Bookies look for betting device reprieve<br>
<br>29 April 2018<br>