9 March 2021 - final results

Results for the year ended 31 December 2020 have been released and as was certain to be the case, the figures were hit by Covid-19.  Total external revenue fell 16% to £2,781m and adjusted earnings per share were 10.9p (2019: 13.9p).  Statutory earnings per share were 7.1p (2019: 11.8p).  No final dividend was declared but net debt was cut from £893m to £545m over the course of the year.  Looking to the future, total advertising revenue is expected to be up around 8 . . .

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