ITV’s H1 17 results were in line with expectations, within a particularly tough environment. Total external revenues declined 3% to £1,458m as ITV Family net advertising’s revenue fell by 8% to £769m (c.53% total group; Q2 was down 7% after -9% over Q1, including a tough basis of comparison due to the FY16 Euro Football Championship), in line with the guidance for an 8-9% decline for the first part of the year. This was counterbalanced by non-NAR being up by 6% with IT

02 Aug 2017
Finally rather decent within a tough first half context

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Finally rather decent within a tough first half context
ITV PLC (ITV:LON) | 77.4 -0.3 (-0.4%) | Mkt Cap: 2,907m
- Published:
02 Aug 2017 -
Author:
Véronique Cabioc'h -
Pages:
3 -
ITV’s H1 17 results were in line with expectations, within a particularly tough environment. Total external revenues declined 3% to £1,458m as ITV Family net advertising’s revenue fell by 8% to £769m (c.53% total group; Q2 was down 7% after -9% over Q1, including a tough basis of comparison due to the FY16 Euro Football Championship), in line with the guidance for an 8-9% decline for the first part of the year. This was counterbalanced by non-NAR being up by 6% with IT