STV Interim Results
9th September 2021
Strong recovery; strategic momentum
Screw, STV Studios for C4
Agenda
Introduction | Paul Reynolds |
Overview | Simon Pitts |
Finance review | Lindsay Dixon |
Strategic update | Simon Pitts |
2
Growth already beyond 2019 levels
- Revenue +35% on 2020 and +10% on 2019
- Adjusted operating profit +118% on 2020 and +3% on 2019
- Maintaining record audience growth on TV and online
- Advertising trends strengthening ahead of expectations
- High margin digital business continues to accelerate
- Good momentum in Studios, with further commissions and an 8th creative label
- Sale of lottery completed with long term advertising contract
- Positive outlook for remainder of 2021
- Following a return to cash dividend in May, Board proposes interim dividend of 3.7p, +23% on 2020
3
Finance Review
Lindsay Dixon
Angela Black, STV
H1 2021 key financials
Total
Revenue
£60.3m
2020 +35%
2019 +10%
Studios
Revenue
£6.0m
2020 +265%
2019 +202%
Total
Advertising
Revenue
£51.4m
2020 +32%
2019 +5%
Adjusted
Operating
Profit
£11.4m
2020 +118%
2019 +3%
Regional
Advertising
Revenue
£7.6m
2020 +27%
2019 +4%
Adjusted
EPS
19.2p
2020 +79%
2019 +11%
Digital
Revenue
£8.5m
2020 +45%
2019 +52%
Net
Debt
£17.6m
Dec '20 | £17.5m |
Jun '20 | £33.5m |
5
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STV Group plc published this content on 09 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2021 13:11:09 UTC.