Updates

ITV - Pays 10p special dividend

May 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

ITV’s results were dominated by another special dividend of 10p, taking total payout for the year to 16p. The group announced 15% growth in revenues to almost £3bn while pretax profit rose 18% to £843m. Eps was up 20%to 26.5p while net debt was £319m after spending £406m on acquisitions.A strong UK economy helped its main division, broadcast & online (which attracts the largest audience other than the BBC), increase profit 16% to £591m on revenues 6% ahead at £2.1bn, driven by identical growth in national advertising revenue (NAR). The brightest spot was its smaller online, pay and interactive side, which grew 23% to £188m reflecting strong growth in online advertising. Post year- ...

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ITV (July 2020)

ITV (September 2018)

ITV - Shares on the turn (July 2018)

ITV (April 2018)

ITV - Another special dividend (April 2017)

ITV - Another £25m cost savings targeted (September 2016)

ITV - Results beat expectations (September 2015)

ITV - Special dividend and strong prospects for advertising growth lifts shares (April 2015)

ITV - Bid hopes drive up shares (October 2014)

ITV - Acquires Leftfield Entertainment (June 2014)

ITV - Strong franchise in free-to-air commercial TV (November 2013)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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