ITV have declared an interim dividend of 1.7pence per share

DividendMax Ltd.

ITV have declared an interim dividend of 1.7pence per share

The ITV Board has declared an interim dividend of 1.7p and remains committed to paying a total dividend of at least 5p for the full year

Other financial highlights include:

Significant revenue growth with total external revenue up 8% at £1,679 million

o Total ITV Studios revenue up 16% at £927 million with growth across the business

o Media & Entertainment (M&E) revenue up 4% at £1,065 million with total advertising revenue (TAR) up 5% and within this digital advertising revenue was up 20%

Adjusted group EBITA was down 3% at £318 million. This reflects strong underlying performance offset in M&Eby additional disciplined investment of £58 million in content and £20 million in data and technology ahead of the launch of ITVX. Additional content investment, as previously guided, relates to a combination of the return of key shows disrupted last year by COVID and front-footed investment. Adjusted EPS was up 2% at 6.0p

EBITA was £228 million. Statutory profit before tax was £219 million (30 June 2021: £133 million) and statutory EPS was 4.8p (30 June 2021: 2.4p)

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