Full Year 2024 ITV PLC Earnings Call Transcript

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Mar 06, 2025

Mar 06, 2025 / 09:30AM GMT
Carolyn McCall - ITV Plc - Chief Executive

Good morning everyone. Welcome to ITV's 2024 full year results. I'm here with Chris Kennedy, who you all know, our CFO and COO, and I will hand over to Chris shortly to talk you through our financial and operating performance. Before we get into the presentation, there are three key messages that I want to land with you today. The first is that we continue to strengthen the financial, operational, and creative force of ITV.

Second, that our business is becoming much more resilient as our income streams diversify. And thirdly, we're in a really strong position to deliver profitable growth, strong cash generation, and attractive returns to shareholders.

So on with the presentation, three years ago we announced the second phase of our More than TV strategy and today's results show the significant progress we have made in transforming ITV. We've had another successful year driven by strong execution. We delivered double digit earnings growth across the group with record profits in Studios and an increase in the profits and margin of M&E.

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