It’s one thing for a company to grow at a steady pace. It’s another thing for it to continually beat the market’s expectations of its growth.  Beating expectations is hard work. It demands constant acceleration and outperformance. And that’s what Flutter has done for the last year, and indeed the last five years.  Flutter’s share price is up 113 per cent since July 2022. That gives it a market cap of €31.2 billion, which is a shade smaller than CRH’s €32.8 billion. If you value the company based on the claims of debt investors as well as equity investors, you…

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