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Insider UK
Insider UK
National
Peter A Walker

STV reports rising revenue and profits at half-year

STV Studios STV Studios

STV has reported a 22% year-on-year rise in operating profit to £11.9m, while revenue grew by 3% to £62.1m during the same period.

The Scottish media group's half-year results to 30 June also showed an operating margin of 19%, which was broadly back to pre-Covid levels.

STV-controlled advertising continued to deliver revenue growth, with video on-demand (VOD) advertising on the STV Player up 16% and regional advertising up 11%.

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