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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Itv Plc | LSE:ITV | London | Ordinary Share | GB0033986497 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.35 | -0.51% | 68.90 | 68.65 | 68.75 | 69.60 | 68.50 | 69.20 | 11,157,348 | 16:35:11 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Television Broadcast Station | 3.62B | 210M | 0.0518 | 13.25 | 2.78B |
TIDMITV
RNS Number : 4895G
ITV PLC
17 March 2020
17(th) March 2020
2020 European Football Championship postponed until 2021
UEFA have today announced that the 2020 European Football Championship (Euro 2020) is being postponed until 2021. The direct impact will be to reduce ITV's schedule costs in 2020 by GBP40m to GBP50m, including the cost of replacement programming. There will be no loss of sponsorship revenue as the tournament is pre-sponsored. We look forward to broadcasting the Euros and providing a significant marketing opportunity for advertisers in 2021, a year which does not have any other large sports tournament.
ITV continues to closely monitor the implications of the Coronavirus and will update the market further as appropriate. Our priority remains to protect our people. Currently ITV's guidance for March and April advertising revenue has not changed.
As we stated at the full year results, ITV has good access to liquidity. We have GBP830m of undrawn facilities and no bond repayments until September 2022.
For further enquiries please contact:
Investor Relations Pippa Foulds Faye Dipnarine +44 7778 031097 Media Relations +44 20 7157 6581 Paul Moore +44 7860 794444 Grant Cunningham +44 7764 210742
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
March 17, 2020 10:28 ET (14:28 GMT)
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