ITV reported strong FY 15 top-line growth across the business, enabling consolidated external revenues to improve by 14.8% to £2,972m (advertising: +6%, c.1% ahead of the market; Online, Pay & Interactive: +23%; Studios: +33%; non-NAR revenues, now 49% of the total, rose by +25%). Note that forex had no material impact in FY15 while recent acquisitions (Talpa, Leftfield and Twofour) added £235m to revenues. Global adjusted EBITA was up 18% to £865m or a 90bp margin impro
16 Mar 2016
Impressive results despite unsurprising audience share erosion
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Impressive results despite unsurprising audience share erosion
ITV PLC (ITV:LON) | 70.0 -0.2 (-0.4%) | Mkt Cap: 2,812m
- Published:
16 Mar 2016 -
Author:
Véronique Cabioc'h -
Pages:
3
ITV reported strong FY 15 top-line growth across the business, enabling consolidated external revenues to improve by 14.8% to £2,972m (advertising: +6%, c.1% ahead of the market; Online, Pay & Interactive: +23%; Studios: +33%; non-NAR revenues, now 49% of the total, rose by +25%). Note that forex had no material impact in FY15 while recent acquisitions (Talpa, Leftfield and Twofour) added £235m to revenues. Global adjusted EBITA was up 18% to £865m or a 90bp margin impro