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”).


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.


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.


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.


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.


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.


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.


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.


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.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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  Print      Mail a friend       Annual reports

Wednesday 04 July, 2007


Trading Statement

04 July 2007

ITV plc

Trading update for the six months ended 30 June 2007

H1 summary

•  ITV1 performance begins to stabilise as ratings decline slows and digital 
   multichannel penetration passes 80%

•  ITV adult SOCI*

     o       ITV1 down 5.6% at 32.3% compared to down 9.1% in same period in 2006

     o       ITV family total down 3.1% at 41.5%

•  ITV Adult impact volume*

     o       ITV1 down 2.1%

     o       ITV family up 0.5%

•  ITV total adult all time viewing share*

     o       down 2% in all homes

     o       down 1% in multichannel homes

•  H1 ITV plc NAR down 5%

    o       ITV1 down 9% at £595m

    o       Digital channels and GMTV up 24% at £122m

Net advertising revenue

The UK television advertising market in H1 was approximately 0.3% down compared
to the first half of 2006, whilst July is 10% up on 2006.  Sectors that are
performing well include pharmaceuticals up 11% and telecoms up 7%, whilst
retail, the largest category, was down 4%, ahead of the ITV family average.
Several categories were affected by the phasing of revenue in H1 2006, which
included most of the World Cup spend.  Finance was down 10% and cars and car
dealers were down 12%.  Sponsorship and non-spot advertising revenues are up

Schedule performance

ITV1 has successfully regained audience share in the afternoon during the first
half of the year.  We are now working on plans to improve the key 9pm slot.  In
the first half ITV screened the hugely successful series Britain's Got Talent
which delivered an average audience of 11.6m for the final and is the best
performing entertainment show on any channel so far this year.  ITV has acquired
TV rights for the Euro 2008 football competition in conjunction with the BBC.
Overall ITV1's adult viewing share in the first half was down by 4.7% on 2006
whilst in multichannel homes alone it was only down by 2.5%.  Within
multichannel homes our digital channels continued to increase viewing share and
overall ITV viewing share in those homes was down by 1%.


* Viewing is up to 28th June.  SOCI is up to 20th June.

  ITV Family includes CITV, Men & Motors, GMTV and GMTV digital channels.

Overall ITV family adult and ABC1 impact volumes have been up in 3 out of 6
months so far this year.  Our digital channels continue to grow, with the
aggregate all time viewing share up 6% at 4.5%.  ITV2, ITV3 and ITV4 all rank in
the top 10 digital channels in Freeview, the UK's biggest digital platform, with
ITV2 and ITV3 taking the first and second positions respectively.

Programme investment

ITV plc's overall programme investment in H1, including ITV1, GMTV, our digital
channels and regional programming, was approximately £500m (with minority share
of ITV1 Network Programme Budget an additional £27m).  As part of the
revitalisation of ITV1, a number of new programmes are being commissioned while
a number of longer-running programmes are being discontinued.

Interactive services

The review of the provision of interactive services is continuing.  We have in
place detailed policies and protocols to ensure the fair delivery of these
services going forward and are conducting a review of recent programmes.  We
expect to complete this over the summer and will publish the findings.


The relaunch of ( as a streaming video service is
progressing well. Full functionality, including live simulcasts of ITV channels,
catch-up and archive, has been available since the launch of the 'Soaps' section
on 12 June, with the service being rolled-out thematically over the course of
the summer.

ITV Local's roll-out ( continues with coverage now extended to
the Meridian, Central, London, Granada and Wales regions with a programme for
the rest of the ITV plc regions by October.

ITV Play revenues have reduced very significantly since the media coverage of
PRTS issues and in the first half revenue will be approximately £9m which is
down by 67% on last year.

Friends Reunited revenue in the first half is up by over 25% on last year.


Dawn Airey's arrival in October will provide us with the strong leadership to
develop and grow our UK and international production and distribution operations
building on the recent work of management in those businesses.

Carlton Screen Advertising ('CSA')

The UK cinema advertising market has continued to perform poorly, and whilst CSA
has a strong market share, it has been adversely affected by falling revenues
and onerous contractual commitments.  We expect CSA to make a trading loss in
the full year and, in addition, in the first half we are taking an operating
charge of £9m against the onerous contracts, and will write off all goodwill and
intangibles associated with the business and amounting to £28m.

John Cresswell, Chief Operating Officer, said,

'Returning stability in the total TV advertising market has been an important
feature of the first half, as has the improving schedule performance and the
roll-out of  Our current £40m cost reduction programme continues on
plan and I would like to thank all of our employees for their continuing
commitment to building our business and our successful programme brands.

'We continue to seek a change to the CRR mechanism that governs our ITV1 airtime
sales and note Ofcom's decision to bring forward its PSB review.'

Michael Grade, Executive Chairman, said,

'Our business review is progressing well and I will announce the outcome of that
process after the summer break.'


ITV plc

Tel: 0844 88 18000

Press enquiries:

Brigitte Trafford - Group Communications Director

Investor enquiries:

James Tibbitts - Company Secretary

Georgina Blackburn - Head of Investor Relations

Tulchan Communications

Tel: 0207 353 4200

Andrew Grant

Susannah Voyle

David Allchurch

                      This information is provided by RNS
            The company news service from the London Stock Exchange                                   

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