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ITV buoyed by predicted rise in ad revenue

Source: The independent
London : United Kingdom | about 1 month ago  
Views: 9
  • John Cresswell has been appointed temporary chief executive officer of ITV
    John Cresswell has been appointed temporary chief executive officer ...
    Source: AFP
John Cresswell has been appointed temporary chief executive officer ...
ITV expects advertising revenues to grow in December for the first time in almost 18 months, but there was no word on its search for a new chairman. The beleaguered broadcaster surprised the market as it predicted a significant improvement in advertising during the fourth quarter, sending the shares...
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  • Blog Source: www.washingtonexaminer.com
    Revenue rose from 1.65 billion pounds to 1.86 billion pounds in the current year. Cable and Wireless Chairman Richard Lapthorne said the company was moving to restructure now because of "emerging signs of more settled conditions in financial markets."
  • Blog Source: perspicacious.co.uk
    but added that the comments on a demerger did not really add anything new. The announcement also accompanied first-half results which missed targets for group revenue but beat earnings forecasts due to cost cuts and a stronger ...
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    "The board believes that a demerger is the right structure to drive further growth and value for shareholders by enabling both businesses to pursue their strategies independently, and it is keen to push ahead as quickly as possible," ... Revenue fell
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