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ITV Says On Track To Deliver Good Revenue Growth In ITV Studios Over FY

By Reuters News

Nov 11 (Reuters) - ITV PLC ITV.L:

  • ITV PLC - ITV PLC Q3 TRADING UPDATE

  • ITV: ON TRACK TO DELIVER GOOD REVENUE GROWTH IN ITV STUDIOS OVER FULL YEAR

  • ITV: ON TRACK TO DELIVER CONTINUED PROFITABLE DIGITAL REVENUE GROWTH IN MEDIA & ENTERTAINMENT (M&E) OVER FULL YEAR

  • ITV:TAKING ACTION, ALIGNING INVESTMENT WITH ADVERTISER DEMAND TO DELIVER ADDITIONAL TEMPORARY CONTENT & DISCRETIONARY NON-CONTENT COST SAVINGS IN Q4

  • ITV: ITV STUDIOS' PERFORMANCE FOR FIRST NINE MONTHS, WITH TOTAL REVENUE DOWN 1%, WAS IN LINE WITH OUR EXPECTATIONS

  • ITV - EXPECTS COMPLETION OF M&E SALE TO SKY IN SECOND HALF OF 2027

  • ITV ON M&E: DUE TO WEAKER DEMAND FOR ADVERTISING, EXPECT TAR TO BE DOWN AROUND 5-10% IN Q4

  • ITV: REVENUE, MARGIN AND PROFIT ARE HEAVILY WEIGHTED TO Q4 FOR ITV STUDIOS

  • ITV ON M&E: EXPECT TAR TO BE DOWN AROUND 2-3% FOR FULL YEAR 2026 WHEN COMPARED TO SAME PERIOD IN 2025

  • ITV: EXPECT TAR TO BE DOWN AROUND 5-10% IN Q4 AND DOWN AROUND 2-3% FOR FULL YEAR 2026 WHEN COMPARED TO SAME PERIOD IN 2025 FOR M&E

  • ITV ON M&E: TO ALIGN OUR COSTS WITH ADVERTISER DEMAND, WE HAVE IDENTIFIED £30 MILLION OF ADDITIONAL TEMPORARY SAVINGS IN M&E IN Q4

  • ITV ON M&E: TOTAL CONTENT BUDGET FOR 2026 IS EXPECTED TO BE C.£1.2 BILLION

Further company coverage: ITV.L

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