Annual Report and Accounts

The report describes the 2016 merger of Paddy Power and Betfair and integration work completed ahead of schedule, with annual cost synergies of £65m expected from 2017. It reports pro forma revenue of £1,551m, up 18%, and underlying EBITDA of £400m, up 35%. The report also describes expanded responsible-gambling tools and the group's first reported greenhouse-gas emissions total of 25,487 tCO2e.