In H1 18, total revenue growth was mainly driven by non-advertising revenue which included a good trend at ITV Studios, while total advertising revenue increased moderately (+2%, o/w +3% in Q1 18). Adjusted EBITA declined in both Broadcast & Online and ITV Studios. The Q3 18 expectation includes flat total advertising revenue.
31 Jul 2018
Lower adjusted EBITA margin
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Lower adjusted EBITA margin
ITV PLC (ITV:LON) | 69.6 -0.1 (-0.2%) | Mkt Cap: 2,796m
- Published:
31 Jul 2018 -
Author:
Hélène Coumes -
Pages:
3
In H1 18, total revenue growth was mainly driven by non-advertising revenue which included a good trend at ITV Studios, while total advertising revenue increased moderately (+2%, o/w +3% in Q1 18). Adjusted EBITA declined in both Broadcast & Online and ITV Studios. The Q3 18 expectation includes flat total advertising revenue.