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27/02/2013
ITV Report 6% Pre-Tax Profit Rise
ITV have reported pre-tax profits of £348m in 2012, a rise of 6%.
It is the third year of “double-digit earnings growth” for the broadcaster, chief executive Adam Crozier said.
Having ended the year with net cash of £206m, the broadcaster will pay a full-year dividend of 2.6p and a special dividend of 4p.
It is only the second year ITV has paid a dividend since the merger of Carlton and Granada in 2004.
Announcing the full-year results, Crozier quashed rumours of a takeover, saying they had not been approached by any equity funds or other corporate raiders.
The company said it has seen growth in all areas with revenues up to 3% to £2.19bn, fuelled by a strong performance in its studios, online and its pay and interactive businesses.
(H)
It is the third year of “double-digit earnings growth” for the broadcaster, chief executive Adam Crozier said.
Having ended the year with net cash of £206m, the broadcaster will pay a full-year dividend of 2.6p and a special dividend of 4p.
It is only the second year ITV has paid a dividend since the merger of Carlton and Granada in 2004.
Announcing the full-year results, Crozier quashed rumours of a takeover, saying they had not been approached by any equity funds or other corporate raiders.
The company said it has seen growth in all areas with revenues up to 3% to £2.19bn, fuelled by a strong performance in its studios, online and its pay and interactive businesses.
(H)
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