STV Group plc (GB:STVG) has released an update.
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STV Group plc reports a robust financial performance for the first half of 2024, with a 20% increase in total revenue and a 33% rise in adjusted operating profit. The growth is attributed to a strong advertising market, a successful investment in Studios, and a significant digital audience boost from Euro 2024. The company also announces an interim dividend of 3.9p per share, maintaining the level from H1 2023, and signals confidence in meeting its strategic growth targets for the upcoming years.
For further insights into GB:STVG stock, check out TipRanks’ Stock Analysis page.
