ITV revenue and profits fall less than expected as more cost-cutting unveiled

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  Posted by Two Blokes Jul 24 - Filed in Stock - 10 views
  
  ITV PLC (LSE:ITV) saw underlying profits fall 31% in the first half of the year as advertising revenue fell less than expected.  Group revenue fell 3% to £1.85 billion as total advertising revenue (TAR) fell 7%, better than the 8% decline that management had previously guided as digital advertising revenue grew 12%.