Tabcorp Holdings Limited
(ASX:TAH) has posted a net profit of $334.5 million, a 158 per cent increase on the previous corresponding period.
In the company’s full year results to June 2015, underlying net profit came in at $171.3 million, just exceeding analyst forecasts.
Revenues spiked 6 per cent over the year to $2.15 billion.
The wagering operator, which runs gaming brands such as TAB and Sky Racing, recorded an increase in EBITDA of 7.2 per cent in the year.
Tabcorp will pay a final dividend of 10 cents, bringing the total year's payout to 50 cents.
