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| ITV profits rise helped by Love Island | ITV profits rise helped by Love Island |
| (35 minutes later) | |
| Half-year profits at broadcaster ITV rose to £265m from £259m, as revenues increased by 8% to £1.5bn. | Half-year profits at broadcaster ITV rose to £265m from £259m, as revenues increased by 8% to £1.5bn. |
| The firm said advertising sales rose 2% in the six months to the end of June, with 48% growth in online. | |
| ITV said it has "a strong slate of new and returning programmes" for the rest of the year, including X Factor and, I'm A Celebrity… Get Me Out of Here. | ITV said it has "a strong slate of new and returning programmes" for the rest of the year, including X Factor and, I'm A Celebrity… Get Me Out of Here. |
| There were also "outstanding contributions" in the six months from Love Island and the World Cup. | There were also "outstanding contributions" in the six months from Love Island and the World Cup. |
| Carolyn McCall, ITV's chief executive, told BBC Radio 4's Today programme that the broadcaster had seen its best share of first-half viewing since 2009. | Carolyn McCall, ITV's chief executive, told BBC Radio 4's Today programme that the broadcaster had seen its best share of first-half viewing since 2009. |
| 'Doing very well' | |
| "The World Cup is a great thing but we can't rely on it," added Ms McCall, who was appointed to the role a year ago. | "The World Cup is a great thing but we can't rely on it," added Ms McCall, who was appointed to the role a year ago. |
| "It is important to bear in mind that before the World Cup and Love Island, which have been extraordinary for ITV, we had been doing very, very well on our viewing." | "It is important to bear in mind that before the World Cup and Love Island, which have been extraordinary for ITV, we had been doing very, very well on our viewing." |
| Love Island has been sold to seven other countries and ITV is about to announce another "big" market for the show, McCall added. | |
| "Love Island is a phenomena which has got legs that will be commercially fantastic for ITV," she said. | |
| She is embarking on a "strategic refresh", which includes upgrading ITV's online Hub service, and launching a Netflix-style streaming business. | |
| ITV is currently in talks with a number of parties regarding the latter, but did not indicate who they were. | |
| "The market is clearly changing and to reflect this we have developed a clear vision and initiatives to drive growth to ensure ITV remains a structurally sound business," the company said. | |
| Advertising is forecast to be flat in the third quarter and up 1% for the nine months to the end of September. The company said the "uncertain economic outlook" was holding back advertising in areas such as retail, airlines and holidays. | |
| The company pointed to "strong double digit" revenue growth in its online operations. | |
| In early trade in London the firm's share price was down 0.49% at 169.61p. |