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London, England · LondonITV 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.
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ITV Profits Down 30% For First Half Of 2025
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