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Financial highlights on continuing operations *
Operational highlights and prospects
* As appropriate, references to profit include associate income but exclude exceptional items
John McCann, Group Chief Executive, UTV Media plc, said:
“The Group has posted a resilient performance for the first half of 2012, growing both revenues and pre-tax profits in a choppy market. It has also seen the business undergo some exciting operational developments, including a new Network Affiliate Agreement with ITV; talkSport securing innovative broadcasting agreements with both the Barclays Premier League and the Football Association; and the acquisition of Simply Zesty, Ireland’s leading social media agency. The emphasis on adding value right across UTV’s media assets, coupled with disciplined balance sheet improvement, provides a strong platform for future growth.”
For further information contact:
Maitland +44 (0) 20 7379 5151
Rowan Brown
UTV Media plc
John McCann Group Chief Executive +44 (0) 28 9026 2202
Norman McKeown Group Finance Director +44 (0) 28 9026 2098
Orla McKibbin Head of Communications +44 (0) 28 9026 2188