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Paddy powers ahead

BOOKMAKER Paddy Power has reported growth of 17pc for last year. The company said revenues to the end of December rose €745m, while profits before tax grew by 5pc.

Chief executive Patrick Kennedy said 2013 was a good year for the company, with growth in every division.

"We're strongly positioned to benefit from the growth 'hot spots' in our markets and are investing accordingly," he said.