| 15.2°C Dublin

Paddy Power growth

BOOKMAKER Paddy Power is betting on a strong financial year ahead as it reported 28pc growth in the year to date.

The company, which holds its AGM in Dublin today, is proposing a dividend of 100 cent per share for 2011, which is an increase of 33pc.

The group said that it had an operating profit of €120m on a record turnover of €4.6bn for 2011.