ITV plc (LON:ITV) is expected to report pre-tax profits of £300 million, but hasn’t yet.
ITV plc (LON:ITV) Rebounds, Resumes Dividend
ITV plc (LON:ITV) is expected to report a tripling of its pre-tax profits in 2010 on the back of a resurgent television advertising market.
In its full-year results statement due to be published this Wednesday, analysts predict that the broadcaster will report pre-tax profits of around £300 million.
Due to the strong performance, ITV plc (LON:ITV) chief executive Adam Crozier will announce his intention to restart the dividend payment, ending a two-year hiatus for the firm’s shareholders.
ITV plc (LON:ITV) stocks are currently at 85.75.