29 July 2021 - interim results

The media group has issued interim results for the six month period to 3o June and these have shown a significant improvement over last year as expected.  Revenues rose by 27% to £1.55bn with growth in both the programming division and the advertising business.  Group adjusted EBITDA almost doubled to £327m and adjusted earnings per share more than doubled to 5.9p.  The group has obviously benefited from the easing of restrictions which had had a negative impact on the TV production business last year and big hits for the company includes Line of . . .

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