Menu
22/03/2011
UTV Announce Rise In Revenue
UTV Media plc has announced a rise in the group's revenue of 7% in 2010 to £120.2million.
The figure for the previous year was £112.1million.
Group operating profits rose by 8% last year with the company making a profit of £25.9million in 2010 compared to £24million the year before.
An increase of 17% was made in record pre-tax profits to £21.1million for 2010 compare to £18.1million in 2009.
The group's Chief Executive, John McCann, commented: "I am pleased that despite the difficult economic environment UTV achieved record pre tax profits, pre exceptional items, in 2010. With strong audiences across our platforms and significantly reduced debt we remain confident that we are well placed to meet market challenges and opportunities over the coming year."
The Group Commercial Director Jim Downey, added: "Obviously there's a lot of ifs about the economic situation. We've had a very solid start to 2011. We're seeing growth continuing into 2011, but the cutbacks of government are still have yet to have an effect on Northern Ireland so we're cautiously optimistic going forward."
UTV Media plc continue to deliver strong audiences in both the radio and television sectors with radio divisions materially outperforming their markets.
(JG/GK)
The figure for the previous year was £112.1million.
Group operating profits rose by 8% last year with the company making a profit of £25.9million in 2010 compared to £24million the year before.
An increase of 17% was made in record pre-tax profits to £21.1million for 2010 compare to £18.1million in 2009.
The group's Chief Executive, John McCann, commented: "I am pleased that despite the difficult economic environment UTV achieved record pre tax profits, pre exceptional items, in 2010. With strong audiences across our platforms and significantly reduced debt we remain confident that we are well placed to meet market challenges and opportunities over the coming year."
The Group Commercial Director Jim Downey, added: "Obviously there's a lot of ifs about the economic situation. We've had a very solid start to 2011. We're seeing growth continuing into 2011, but the cutbacks of government are still have yet to have an effect on Northern Ireland so we're cautiously optimistic going forward."
UTV Media plc continue to deliver strong audiences in both the radio and television sectors with radio divisions materially outperforming their markets.
(JG/GK)
Related Northern Ireland News Stories
Click here for the latest headlines.
18 November 2024
69-Year-Old Extradited From Spain To Face Child Abuse Charges
A 69-year-old man has been extradited from Spain to stand trial Northern Ireland for child-related sexual offences that occurred in the mid-1980s and early 1990s.
69-Year-Old Extradited From Spain To Face Child Abuse Charges
A 69-year-old man has been extradited from Spain to stand trial Northern Ireland for child-related sexual offences that occurred in the mid-1980s and early 1990s.
17 February 2010
Boss Wins Accolade As UTV Cuts Back
The man said to have been responsible for developing a regional TV station into a multimedia group - while cutting jobs - has been honoured with a local business award.
Boss Wins Accolade As UTV Cuts Back
The man said to have been responsible for developing a regional TV station into a multimedia group - while cutting jobs - has been honoured with a local business award.
30 August 2011
UTV Bullish As Profits Rise
"Robust" financial figures have been published by UTV in Belfast. For the six months ended 30 June pre-tax profits for the regional broadcaster up by 15% to £10.9m (£9.5m last year). Group operating profits are also up by 4% to £12.8m (2010: £12.3m) with a £14.2 m (18%) reduction in net debt over 12 months to £63.1m (2010: £77.3m).
UTV Bullish As Profits Rise
"Robust" financial figures have been published by UTV in Belfast. For the six months ended 30 June pre-tax profits for the regional broadcaster up by 15% to £10.9m (£9.5m last year). Group operating profits are also up by 4% to £12.8m (2010: £12.3m) with a £14.2 m (18%) reduction in net debt over 12 months to £63.1m (2010: £77.3m).
25 March 2013
Reduced Bills For NI Water Customers
NI Water has announced its customers are to see an average reduction of almost 3% in their water and sewerage charges. It said the new charges will be reflected in bills from April. It is understood metered customers will see a decrease in their combined water and sewerage bills of approximately 1.
Reduced Bills For NI Water Customers
NI Water has announced its customers are to see an average reduction of almost 3% in their water and sewerage charges. It said the new charges will be reflected in bills from April. It is understood metered customers will see a decrease in their combined water and sewerage bills of approximately 1.
10 September 2012
Suicide Watch Family Accuse Mater Hospital Of 'Not Listening'
The family of a suicidal man have hit out at Belfast's Mater Hospital for releasing him on the grounds that he was of no danger to himself. They said staff are "not listening" to suicide concerns.
Suicide Watch Family Accuse Mater Hospital Of 'Not Listening'
The family of a suicidal man have hit out at Belfast's Mater Hospital for releasing him on the grounds that he was of no danger to himself. They said staff are "not listening" to suicide concerns.
-
Northern Ireland WeatherThis Evening and Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
