The U.K. TV giant, led by CEO Carolyn McCall, reported its 2021 results, including updates on ITV Studios and the BritBox streaming business.
reported its full-year advertising revenue record for 2021 on Thursday and painted very a healthy post-pandemic picture.
The company, led by CEO Carolyn McCall, saw total external revenue soar 24 percent to £3.4 billion , a sharp rise on the COVID-impacted 2020 figure of £2.7 billion. Total revenue at its production arm ITV Studios grew by 28 percent to £1.7 billion, and is now just 2 percent below 2019’s pre-pandemic levels.
“ITV delivered an outstanding financial performance in 2021 with total external revenue growth of 24 percentand adjusted EPS growth of 40 percent, fuelled by strong performance in both our divisions,” said McCall. “ITV Studios has enjoyed both ratings and critical success and currently has around 500 programmes in production in the UK and internationally.
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