Paddy Power Profits for 2015 Expected to be Around €180M

Expected Paddy Power profits for 2015 forecast fully diluted earnings of €3.33 per share.

Ireland-based internet betting operator Paddy Power profits for 2015 expected to be around €180 million as it was communicated by the company. The basis of this estimation was the business’ performance in the last seven weeks of 2015, until December 31.

Paddy Power profits for 2015 are important before merger

This income means that fully diluted earnings per share could be around €3.33. The expected Paddy Power profits for 2015 also forecast a €1.80 full-year regular dividend per share.

These weeks are crucial for Paddy Power. The operator offering online gambling in Ireland is expected to complete its merger with rival online gambling operator Betfair by February 2.

The merger will result a new business entity that is estimated to worth €7.1 billion according to Ireland business authorities.

To find out more on Paddy Power’s properties, check out the Paddy Power sportsbook review  in our online gambling guide. Also visit the Betfair Sportsbook review in our online sportsbook reviews section.