ITV Posts Drop In H1 Pretax Profit, Lifts Interim Dividend

ITV ITVPY reported a lower pretax profit for the first half and lifted the interim dividend to 0.8 pence per share. ITV's revenue for the period fell to GBP1.13 billion, versus GBP1.03 million, in the year-ago period. Its pretax profit fell to GBP167 million versus GBP181 million. ITV's adjusted pretax profit dropped to GBP235 million from GBP204 million, while diluted EPS came in at 3.1 pence, versus 3.4 pence.