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Paddy Power Betfair stock falls despite revenue rising by a fifth

5.86% BOOKMAKER Paddy Power Betfair saw its share price fall despite trading in line with expectations for 2016, underscoring perceptions that investors expect it to perform more strongly for the stock price.

Underlying earnings increased by more than a third to £400m, while revenues rose 18 per cent to £1.5bn in the year to 31 December. Underlying earnings were £400m, up 35 per cent.

Charles Stanley chief markets commentator, Gary White said: "Paddy Power Betfair trades on a high

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