ITV Q1 revenue 887 mln pounds, down 7%
On course to deliver 40 mln pounds in savings (Il Sole 24 Ore Radiocor) - London, 09 May - The UK television broadcaster ITV said that in the first quarter of 2024 total revenue was down 7% to 887 million pounds, with growth in total advertising revenue offset by the decline in ITV Studios revenue.
Total external revenue fell 6% to 727 million pounds.
"Our group cost savings programmes are on course to deliver 40 million pounds of savings this year as previously guided. Overall we expect to continue to make good strategic progress and we remain on track to achieve our KPI targets for 2026," said the CEO, Carolyn McCall.
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(RADIOCOR) 09-05-24 11:53:55 (0297) 5 NNNN