ITV (ITV)

Sector:

Media

Index:

FTSE 250

80.30p
   
  • Change Today:
      3.60p
  • 52 Week High: 80.85p
  • 52 Week Low: 55.78p
  • Currency: UK Pounds
  • Shares Issued: 3,988.75m
  • Volume: 54,934,916
  • Market Cap: £3,202.97m
  • RiskGrade: 188

ITV sales rise but sees fall in FY ad revenues

By Frank Prenesti

Date: Wednesday 09 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Commercial UK broadcaster ITV reported a rise in sales for the first nine months of the year, as its production arm offset a fall in television advertising revenue.
ITV said it expected annual advertising revenue to be 1-1.5% lower year on year as it warned of tough economic challenges ahead.

Advertising revenue for the nine months to September 30 was down 2%, accelerating to 14% in the third quarter against a tough 2021 comparator when the international European football tournament boosted audiences.

The studios business, which makes programming across for broadcasters across the industry, posted a 16% rise in revenues. ITV is reportedly reviewing the unit's future, including selling a stake, which has boosted its flagging share price.

"While we remain mindful of the macroeconomic and geopolitical uncertainty there's strong operational momentum across both our studios and media & entertainment divisions," said chief executive Carolyn McCall.

The broadcaster is set to launch its commercial streaming platform ITVX next month.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ITV Market Data

Currency UK Pounds
Share Price 80.30p
Change Today 3.60p
% Change 4.69 %
52 Week High 80.85p
52 Week Low 55.78p
Volume 54,934,916
Shares Issued 3,988.75m
Market Cap £3,202.97m
RiskGrade 188

ITV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.46% above the market average91.46% above the market average91.46% above the market average91.46% above the market average91.46% above the market average
91.11% above the sector average91.11% above the sector average91.11% above the sector average91.11% above the sector average91.11% above the sector average
Price Trend
62.21% above the market average62.21% above the market average62.21% above the market average62.21% above the market average62.21% above the market average
19.15% above the sector average19.15% above the sector average19.15% above the sector average19.15% above the sector average19.15% above the sector average
Income
92.16% above the market average92.16% above the market average92.16% above the market average92.16% above the market average92.16% above the market average
89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average
Growth
93.56% below the market average93.56% below the market average93.56% below the market average93.56% below the market average93.56% below the market average
86.05% below the sector average86.05% below the sector average86.05% below the sector average86.05% below the sector average86.05% below the sector average

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 5
Sell 1
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ITV Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 19-Oct-23
Paid 23-May-24 28-Nov-23
Amount 3.30p 1.70p

Trades for 21-Jun-2024

Time Volume / Share Price
14:53 10 @ 80.00p
14:51 10 @ 80.15p
14:49 10 @ 80.05p
14:33 199 @ 79.90p
17:00 5,500,000 @ 80.45p

ITV Key Personnel

CEO Carolyn McCall

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