Results for online betting exchange Betfair have exceeded expectations, with revenue up two per cent to £393.6m in the year to April 30.
Underlying EBITDA rose 24 per cent to £91.1m, ahead of the forecast £82m-£87m range, a result achieved through improved cost savings, the company said.
"Our strong trading has continued into the new financial year and we look forward to building on this positive momentum during the World Cup," said CEO Breon Corcoran (pictured).
