London · Delayed Price · Currency is GBP · Price in GBX ITV plc Earnings Call Transcripts
Fiscal Year 2026
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A transformative sale to Sky will unlock GBP 950 million in cash for shareholders and establish a standalone, global content business with strong recurring revenues, industry-leading margins, and a robust IP library. The long-term content supply agreement ensures revenue stability, while ITV Studios is positioned for profitable growth in a dynamic market.
Fiscal Year 2025
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Outperformed expectations in 2025 with strong digital and Studios growth, offsetting linear ad declines. Digital revenues and cost discipline drove profitability, while major sports events and new partnerships are set to boost 2026. Dividend maintained at 5p.
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Delivered strong H1 2025 results with Studios and digital ad growth offsetting M&E declines. Cost efficiencies, new partnerships, and bolt-on acquisitions support improved full-year outlook, with digital revenues and cash generation outperforming expectations.
Fiscal Year 2024
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Double-digit earnings growth and record Studios profits were achieved despite a 3% revenue decline, with strong digital and advertising performance driving margin improvements. Cost savings exceeded targets, and digital investments are delivering returns ahead of schedule.
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Group adjusted EBITDA rose 40% year-over-year, driven by strong digital and M&E growth, cost savings, and high-margin catalog sales. Studios profits are set for a record year despite revenue declines, and digital engagement continues to rise, supporting a positive outlook.