July 25, 2018 / 6:19 AM / 3 months ago

ITV's first-half boosted by World Cup and Love Island

LONDON, July 25 (Reuters) - ITV, Britain’s biggest free-to-air commercial broadcaster, hailed a “fantastic” performance on air and online in its first half, with the World Cup and “Love Island” helping its revenue to rise 8 percent to 1.59 billion pounds.

Chief Executive Carolyn McCall, who took over as chief executive in January, said ITV’s total advertising revenue rose 2 percent as expected, with 48 percent growth in online.

Adjusted earnings before interest tax and appreciation (EBITA) fell 7 percent to 375 million pounds ($493.2 million), impacted by the timing of the World Cup, although beating analyst forecasts of 361 million pounds.

$1 = 0.7603 pounds Reporting by Paul Sandle; editing by Kate Holton

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below