ITV Profits Down 30% For First Half Of 2025

ITV Half Yearly Profits Drop 31% as Studios Gains Offset by Tough Broadcast Comparisons

U.K. media giant ITV posted a 31% drop in group adjusted EBITA (Earnings before interest, taxes, and amortization) for the first half of 2025, coming in at £146 million ($198 million), down from £213 million ($289 million) a year earlier. The fall was driven by tough year-on-year comparisons against a Euros-boosted 2024 and a shifting mix in its Studios business, though executives stressed that the group’s transformation strategy remains on tr…

ITV Profits Down 30% For First Half Of 2025

ITV profits were slashed 30% during the first half of this year. The broadcaster in the main put this down to a strong first six months of 2024 due to high advertising sales for the men’s Euro’s soccer tournament, but nevertheless the Love Island network still experienced a painful drop in profits that saw group adjusted EBITA fall from £212M ($287M) to £142M. Adjusted EBITA margin was down from 13% to 9% for the first six months of 2025. Pr…