Update: A helpful boost from the Player
Overall PBT was in line with our forecasts, with stronger performance from STV Player offsetting weaker performance in production. FY16 should be more balanced and we forecast revenue growth across all key divisions. The outcome of regulatory reviews in the coming months and several company-specific initiatives may provide support, if not a boost, to our forecasts and the share price.STV Group is engaged in the production and distribution of content across various devices and platforms, including television broadcasting, and the sale of advertising airtime and space in these media. Co. is focused on its television and digital media businesses and is also involved in supporting charitable activities including the operation of its subsidiary, STV ELM Limited, to provide services to the Scottish Children's Lottery. Co. has three reportable segments: Consumer, Productions and External Lottery Management.
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