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ITV sees boost from soccer World Cup, warns on economic uncertainty

FILE PHOTO: A company sign is displayed outside an ITV studio in London

LONDON (Reuters) – British broadcaster ITV said the FIFA World Cup would boost ad revenue in the Christmas quarter, helping compensate for weaker summer demand, but cautioned over the high degree of economic uncertainty.

ITV, the home of ratings hit “I’m a Celebrity… Get Me Out of Here”, said ad revenue for the full year 2022 is expected to be down between 1% and 1.5% on 2021.

(Reporting by Sarah Young; Editing by Kate Holton)

Reuters 2022

Analyst Recommendations on ITV PLC

Sales 2022 3 612 M
4 177 M
4 177 M
Net income 2022 425 M
492 M
492 M
Net Debt 2022 297 M
343 M
343 M
P/E ratio 2022 6.86x
Yield 2022 6.86%
Capitalization 2 931 M
3 390 m
3 390 m
EV / Sales 2022 0.89x
EV / Sales 2023 0.86x
Nbr of Employees 5 987
Free-Float 89.8%

Duration :

Period :

ITV plc Technical Analysis Chart |  MarketScreener

Technical analysis trends ITV PLC

Short Term Mid-Term Long Term
Trends Bullish Neutral Bearish

Income Statement Evolution

Sell

Buy

Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 73.16 GBX
Average target price 98.86 GBX
Spread / Average Target 35.1%

1st Jan. Capi. (M$)
ITV PLC -33.82% 3 390

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