STV Group reports 27% revenue drop at half-year
STV Group has reported revenue of £66.1m, down 27% £90m year-on-year.
Interim results for the six months ended 30 June 2026 showed total advertising revenue of £48.1m, up 5% from £45.6m at the same stage last year, slightly ahead of guidance and driven by the FIFA World Cup. Studios revenue of £15.5m was down from £42.2m in the first half last year.
Adjusted operating profit of £5.9m was down 12% from £6.7m in 2025, with higher margin advertising revenues and cost savings partially offsetting studios losses.
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