ITV PLC

ITV

Equity

ISIN GB0033986497 / Valor 1743249

LSE London Stock Exchange, SETS (2026-06-11)

GBP 0.82-0.67%

ITV PLC
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About company

ITV plc is a UK-based commercial broadcaster and media group that operates a portfolio of national and digital television channels (including ITV1, ITV2, ITV3, ITV4 and others), an on-demand streaming service (ITVX) and a global production arm, ITV Studios. The company's core revenue streams are advertising on its free-to-air channels and digital platforms, content production and distribution fees from ITV Studios (including scripted and unscripted formats and programme sales to international buyers), and subscription or transactional income from its streaming service. ITV also sells format rights and licences, manages audience-targeted advertising products and invests in digital distribution to grow viewing outside linear TV. Listed on the London Stock Exchange, ITV combines domestic broadcasting operations with a growing global production and distribution business.

Summarized from source with an LLMView SourceSector: Telecommunications

Group results

Group total external revenue increased 1% and overall group revenue was flat versus 2024. Group adjusted EBITA declined 1% year‑on‑year. Adjusted EPS decreased 11% to 8.5p.

ITV Studios performance

ITV Studios delivered strong results with external revenue up 10%, driven by global streaming demand and digital distribution (including double‑digit growth in Zoo 55). Adjusted EBITA was £297m (2024: £299m) with a margin of 13.9% (2024: 14.7%), reflecting a shift in revenue mix.

M&E and ITVX

M&E (Media & Entertainment) saw ITVX viewing up 16% and digital advertising revenue up 12%. Total M&E revenue declined 5%, with ITV TAR (total advertising revenue) down 5% versus a strong 2024 comparator. M&E adjusted EBITA fell 6%, mitigated by cost savings.

Cost savings and efficiency

In FY2025 the group achieved £63m of permanent non‑content cost savings and £15m of temporary M&E savings in Q4. Since 2019 ITV has delivered £253m of permanent cost savings, which funded investments and offset inflationary pressure.

Strategic update

ITV remains in discussions with Sky over a possible sale of the M&E business (announced November 2025). There is no certainty a transaction will occur; updates will be provided in due course.

Summarized from source with an LLMView Source

Key figures

3.53%1Y

17.0%3Y

-36.7%5Y

Performance

32.1%1Y

31.4%3Y

36.4%5Y

Volatility