Business

Wednesday 24 January 2018

ITV says will outperform ad market after paying special dividend

ITV
ITV

ITV said it expected to outperform the television advertising market in 2016 after reporting a 20pc jump in 2015 earnings per share and returning £400m (€515m) to shareholders with a special dividend.

Britain's biggest commercial free-to-air broadcaster reported adjusted earnings per share of 16.5 pence, compared with a forecast of 16.1 pence. Core earnings rose 18pc to £865m on revenue up 15pc to £2.97bn.

The company said on Wednesday it would pay a special dividend of 10p a share in addition to a final dividend of 4.1p, which was ahead of previous guidance.​

Reuters

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