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Greece's OPAP fourth-quarter net profit up 6.7 pct
March 29, 2017 / 3:00 PM / 6 months ago

Greece's OPAP fourth-quarter net profit up 6.7 pct

ATHENS, March 29 (Reuters) - Greece’s OPAP, Europe’s fourth-biggest betting firm, posted on Wednesday a 6.7 percent rise in fourth-quarter net profit, helped by a lower tax rate.

Net profit came in at 55.1 million euros ($59.28 million), up from 51.7 million euros in the last quarter in 2015.

It will pay a total dividend of 0.72 euros a share, up from 0.40 euros it paid on 2015 results. ($1 = 0.9295 euros) (Reporting by Angeliki Koutantou)

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