Monday January 27, 2020

UTV Media revenue drops 5% in first quarter

UTV Media posted a 5 per cent drop in revenue in the first three months of the year as its television and radio markets deteriorated.

16th May, 2013
The company’s Irish revenues were down by 8 per cent in the quarter.

UTV Media posted a 5 per cent drop in revenue in the first three months of the year as its television and radio markets deteriorated.

Revenue for the first three months of the year was £28.1 million, compared to £29.5 million in the same period last year.

The company’s Irish revenues were down by 8 per cent in the quarter, down 10 per cent on a local currency basis, as a result of the “on-going volatile...

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