Turnaround plan on track, says ITV

Broadcaster ITV said its turnaround plan was on track today as it looked set to outperform the UK advertising market for the first time in eight years.

The group said its net ad revenues were up 2% in the first three months of this year. It predicted the key measure would be flat for the company’s first half, better than a 1% dip for the total market.

ITV also said its viewing share across its family of channels, which includes flagship ITV1, was up 1.6% at 23.4%.

Executive chairman Michael Grade, who joined the broadcaster at the end of 2006, said: “ITV has made further progress in 2008 and the turnaround plan, outlined in September 2007, remains on track.

“The forecast for the first half shows us outperforming the UK television advertising market – the first time this has happened since 2000.”

More in this Section

Cork business finds itself on the Brexit frontlineCork business finds itself on the Brexit frontline

Boris Johnson and Donald Trump ‘gung-ho’ for trade deal after first meetingBoris Johnson and Donald Trump ‘gung-ho’ for trade deal after first meeting

Johnson plays down expectations of speedy US trade deal ahead of Trump talksJohnson plays down expectations of speedy US trade deal ahead of Trump talks

British Airways told to ‘sort out mess’ after error over flight cancellationsBritish Airways told to ‘sort out mess’ after error over flight cancellations


Lifestyle

The reality TV star was a polarising character demonised by the very machine that helped create her and we all played a part in her fall from grace, writes Lindsay WoodsThe Jade Goody effect: Her lasting legacy is an increase in cervical screenings

Everyone knows there’s no chance of the Government reaching its target that such cars should make up 10% of all vehicles.Progress at snail’s pace

‘Grey’s Elegy’ does in verse what cow painters do in oils. ‘The lowing herd wind slowly o’er the lea ... And leaves the world to darkness and to me.’Monomaniacs herald the ruin of English nation

Kedge Island is unpopulated but is home to a myriad of seabirds.Islands of Ireland: Living on the Kedge

More From The Irish Examiner