Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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UTV Media PLC (UTV)

  Print      Mail a friend       Annual reports

Friday 16 May, 2008

UTV Media PLC

Interim Management Statement


UTV Media plc (the "Group")

16 May 2008

Interim Management Statement

UTV Media plc is publishing the following Interim Management Statement, its
first such statement, in advance of the Group's AGM to be held today at 12noon
in the Group Headquarters at Ormeau Road, Belfast. This statement covers the
period from the beginning of the Group's financial year, 1 January 2008, to the
date of this announcement and incorporates the Group's four month trading
period ending 30 April 2008.

In those four months the Group achieved revenue growth of 7%. Excluding the
impact of the FM104 and Tibus acquisitions, which completed during the period
under review, the like for like growth was 4%. Underlying growth was driven by
the performance of our Radio businesses and we believe this growth will be
maintained for the remainder of the six month period ending 30 June 2008. The
Group delivered its budgeted operating profit for the four month trading period
ending 30 April 2008.

Trading Performance for the four month period ending 30 April 2008 and Outlook 
by Business Division

Radio GB

Overall our GB Radio division increased revenues by 7% compared to the overall
market which is understood to have grown by 4% during this period. Revenue
growth for the six months to 30 June 2008 is expected to be maintained at 7%.

talkSPORT performed extremely well with revenue growth of 19%, demonstrating
the continued strong demand for the product. This level of growth is expected
to be maintained for the remainder of the six months ending 30 June 2008.
Revenue in our independent local radio stations was down by 3% against a local
radio market which was broadly flat. This performance is expected to continue
for the remainder of the first half of this year.

talk107, our start up speech station in Edinburgh, is performing in line with
budget expectations. The launch date for talkRADIO, our second national speech
station due to launch on the second national multiplex, is likely to be delayed
to allow for completion of the transmission infrastructure. As a result of this
delay, losses associated with this investment in 2008 are likely to be
relatively modest.

Television

Our Television division is performing broadly in line with the network,
recording a 3% decline in revenues compared to a 3% decline in the ITV1
Network. This trend is set to continue for the six month period.

Radio Ireland

Our Radio Ireland division experienced growth of 32%, with sterling translation
exchange gains and acquisitions accounting for 15% and 9% of the growth
respectively. Like for like growth of 8% was underpinned by strong national
agency revenues. We would expect this level of like for like growth to be
maintained for the six month period. U105, our start up station in Belfast, is
performing in line with budget expectations.

New Media

Our New Media division benefited from the acquisition of Tibus in February
2008, growing revenues by 12%. Revenues on a like for like basis decreased by
4%, but this was offset by improving margins. We would expect this trend to
continue for the six month period.

Recent Corporate Activity

On the 15 May 2008, the Group disposed of its loss making station, Wave 102, in
Dundee for a modest consideration.

On 13 February 2008, the Group announced the acquisition of Tibus, a leading
all Ireland web development company, which is being integrated into UTV's New
Media division. Tibus specialises in providing online services for clients
across a broad range of business sectors as well as central and local
government. The Group currently provides web development, design, hosting and
interactivity to a largely retail customer base, and broadband and telephony
services to the residential market. Tibus' expertise will extend these services
to commercial and institutional customers. The online presence of the Group's
television and radio stations will be enhanced by the acquisition of Tibus and
will facilitate greater integration of media across online and broadcast
platforms.

At the General Meeting on 7 April 2008, shareholders approved the acquisition
of FM104, the leading commercial radio station in Dublin and one of the most
listened to stations in that city and completion took place on 10 April 2008.
This acquisition has significantly enhanced the Group's presence in the
critical and highly competitive Dublin radio market and represents a further
significant step in the implementation of its' stated strategy of building a
network of leading radio stations in Ireland's key urban areas.

Summary and Outlook

The Group overall has had a strong start to the year. Expectations for the year
as a whole are unchanged from those indicated at our results announcement on
the 13 March 2008.

Save as outlined above, there has been no material change in the Group's
financial position during the period.

Cautionary Statement

This report contains certain forward-looking statements with regards to the
financial condition and results of the operations of UTV Media plc. These
statements and forecasts involve risk factors which are associated with, but
are not exclusive to, the economic and business circumstances occurring from
time to time in the countries and sectors in which the Group operates. These
forward-looking statements are made only as at the date of this announcement.
Nothing in this announcement should be construed as a profit forecast. Other
than as required by law, UTV Media plc undertakes no obligation to update the
forward-looking statements.

For further information contact:

Maitland                   +44 (0) 20 7379 5151

Anthony Silverman

Rowan Brown

UTV Media plc

John McCann               Group Chief Executive          +44 28 9026 2202

Paul O'Brien              Group Finance Director         +44 28 9026 2098

Orla McKibbin             Head of Communications         +44 28 9026 2188