Feb 28, 2018

ITV’s margins can only slide in Netflix and Sky technology race

ITV Studios - the content business - has pulled off revenue growth of 13 per cent and already landed 60 per cent of its 2018 target. If her strategic review decides more is needed, the only thing preventing margins slipping from 27 per cent to nearer 20 per cent may be a big recovery in spot ad revenue. You might not expect to see increases of 36 per cent and 41 per cent respectively. A 7 per cent increase in the number of qualified financial advisers, to more than 3,600, was able to deliver a 20 per cent increase in funds under management, to £90bn, which in turn lifted investment and advice fee income. In the next five they grew 22 per cent, 27 per cent, 17 per cent, 28 per cent and 20 per cent, respectively.

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