Total advertising revenue decreased at a lower pace than expected in H1 19 (-5%, o/w -7% in Q1 19) and the trend should be -1%/+1% in Q3 19 despite the still uncertain economic and political environment in the UK. The other positive news was additional cost savings identified (£20m) to the initial £35-40m announced in 2018 and the confirmation of a dividend in respect of FY2019 of at least 8.0p/share.
24 Jul 2019
Advertising revenue better than expected
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Advertising revenue better than expected
ITV PLC (ITV:LON) | 70.2 -0.3 (-0.6%) | Mkt Cap: 2,819m
- Published:
24 Jul 2019 -
Author:
Hélène Coumes -
Pages:
3
Total advertising revenue decreased at a lower pace than expected in H1 19 (-5%, o/w -7% in Q1 19) and the trend should be -1%/+1% in Q3 19 despite the still uncertain economic and political environment in the UK. The other positive news was additional cost savings identified (£20m) to the initial £35-40m announced in 2018 and the confirmation of a dividend in respect of FY2019 of at least 8.0p/share.