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ITV transformation on course: FY 2013 results - Venture Insights

Report Overview

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ITV transformation on course: FY 2013 results

PublisherEnders Analysis.
Publish Date February 28, 2014
Sector FTA TV.
Company ITV.

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ITV has enjoyed an excellent 2013, which has seen the largest increase in total ITV revenues since the launch of the Transformation plan in 2010 and the fourth consecutive year of double digit growth in EBITA.

2014 promises to be another strong year of growth, boosted by a sharp advertising upturn where ITV can expect to outperform the television advertising market, while Online, Pay & Interactive and ITV Studios maintain strong growth as their markets continue to expand.

ITV nonetheless faces significant challenges to maintain the business it has built as viewing habits change in an increasingly connected TV landscape with multiple screens and the shape of the ITV Studios business as a result of its domestic and international acquisitions.