Full year results soon.28 Jan 2022 14:11
To some of the negative posters I post this Qtr3 results
ITV plc Q3 Trading Update for the 9 months to 30 September 2021
Carolyn McCall, ITV Chief Executive, said:
"By any standards ITV has had an outstanding nine months. Both our Studios and Media & Entertainment (M&E) businesses have performed very strongly. Revenue from each business over the nine months is up both on last year and on 2019. This drove total external revenue up 28% compared to 2020 and 8% higher than 2019.
We are becoming an increasingly scaled digital business. Our online viewing was up 39% in the nine months which, together with the roll out of Planet V, helped our video on demand advertising (AVOD) revenue to climb 54%. Our monthly active users (MAUs) now stand at 9.6 million, a 22% increase year on year reflecting the focus on our AVOD strategy.
Total external revenue was up 28% at £2,381 million (2020: £1,860 million) and up 8% compared to 2019
? Total ITV Studios revenue was up 32% at £1,193 million (2020: £905 million) and up 6% compared to 2019[1]
? M&E revenue was up 26% at £1,594 million (2020: £1,267 million), with total advertising revenue (TAR) up 30% within which total AVOD revenue was up 54%. Total M&E revenue was up 9% compared to 20191 and TAR was up 8% compared to 2019
So I wonder just how good the full year results will be as they have now finished and we just have to wait until they are posted.
If things have carried on for the last 3 months then we should be in for a some great results with SP much higher.