STV Group: Progressive
- Strong H1 growth, solid outlook, new CEO
A strong first half, helped by the continuing expansion of the Studios business (even in a tough commissioning climate) and improved advertising aided by Euro 2024. Recent acquisitions in Studios are contributing well and the group reiterates its stretching FY26 financial targets. STV looks well positioned for the incoming CEO to continue its strategic transformation from broadcaster towards streaming and content.
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.