Advertising slow down hits ITV profits

British broadcaster ITV said today that underlying profits for the half year to June 30 slumped 28% as it battled an advertising slowdown.

Advertising slow down hits ITV profits
Wed, 06 Aug, 2008 - 08:54

British broadcaster ITV said today that underlying profits for the half year to June 30 slumped 28% as it battled an advertising slowdown.

The group’s adjusted pre-tax profits came in at £91m (€115m) for the six- month period, compared with £127m (€160m) a year ago.

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