Half Year 2022 ITV PLC Earnings Call Transcript

Jul 28, 2022 / 08:00AM GMT
Dame Carolyn J. McCall - ITV plc - Chief Executive, Member of Management Board & Director

Good morning, and thank you for joining us for ITV's 2022 interim results. In a moment, Chris will take you through our operational and financial performance. I will then share an update on our strategic ambitions, especially around why we are positioned to win and deliver attractive returns from ITVX. We will then have time for questions.

We recorded a strong performance across the business in the first half of 2022. Both our Studios and Media and Entertainment divisions performed better than we expected at the beginning of the year with ITV Studios rebounding faster and TAR and streaming delivering stronger growth. Total ITV Studios revenue grew ahead of the market and with growth across all divisions. ITVX is on track to launch in Q4 as we remain fully focused on delivering the digital acceleration that we set out at our full year results. Reflecting our robust balance sheet and strong cash flows, the Board has declared an interim dividend of 1.7p, and remains committed to paying a total dividend of at

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