- ITV’s adjusted pretax profit for the first half of 2025 was £99 million, significantly surpassing expectations of £74.6 million, despite being a 44% decrease year-on-year.
- The company’s total revenue stood at £1.59 billion, slightly down by 0.9% year-on-year, but above the estimate of £1.57 billion.
- ITV Studios reported revenue of £893 million, an increase of 2.8% year-on-year, beating the predicted £890.1 million.
- Advertising revenue declined by 7.3% to £824 million, slightly above the forecast of £816.6 million.
- Media & Entertainment revenue was £955 million, a 7.6% decrease year-on-year, but it exceeded expectations of £949.5 million.
- Adjusted EBITDA was £146 million, a reduction of 31% compared to the previous year, yet it surpassed the estimate of £111.7 million.
- Adjusted earnings per share (EPS) were 1.8 pence, down from 3.3 pence last year, but above the expected 1.2 pence.
- Interim dividend per share was in line with estimates at 1.7 pence.
- ITV announced an additional £15 million in permanent non-content cost savings, bringing total savings for 2025 to £45 million.
- The company anticipates a better financial performance for the full year 2025, supported by improved cost efficiencies.
- Capital expenditure for 2025 is projected to be around £65 million.
- Total content costs for 2025 are expected to be approximately £1.23 billion, lower than previous guidance.
- The current market sentiment includes 2 buy ratings, 6 hold ratings, and 3 sell ratings for ITV.
A look at ITV PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, ITV PLC is positioned relatively well for long-term success. With a strong Dividend score of 5, investors can expect attractive returns in the form of dividends. The company’s Momentum score of 4 indicates a positive trend in stock price and market performance which may continue in the future. ITV’s scores for Value, Growth, and Resilience, while not the highest, suggest a stable and potentially profitable investment opportunity.
ITV plc, a prominent United Kingdom media company, holds a significant presence in broadcasting, news, and production. The company’s ownership of all regional Channel 3 licenses in England and Wales, coupled with assets like ITV1 and ITV2, position it as a key player in the commercial television sector. With solid scores in Dividend and Momentum, ITV PLC appears to offer investors an appealing blend of income potential and market performance resilience for the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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