[On :freetrade:] ITV - £ITV 📺

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ITV is the biggest and most popular commercial television channel in the United Kingdom.

https://en.wikipedia.org/wiki/ITV_(TV_channel)

News

How do you think ITV’s upcoming Britbox will fare against the well established giants of Netflix and Amazon? :thinking:

Absolutely smash it out the park… just kidding… look here’s Lewis Hamilton showing them how it’s done :upside_down_face:

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ITV shares down around 10% so far today as the firm announced its latest numbers.

Key takeaways:

  • 2019 pretax profit dipped 6.5% to £530 million from £567 million in 2018
  • Operating costs spiked 6.1% from £2.61 billion to £2.77 billion
  • Total group revenue rose from £3.77 billion in 2018 to £3.89 billion – a 3.2% rise.

Source:
https://ukinvestormagazine.co.uk/itv-shares-crash-9-as-annual-pretax-profit-dips-6-5

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