Financial results released today by Carlton Communications show that for the six months to 31st March pre-tax profits rose by 19% from £120.1m to £143.3m, turnover increased by 6% to £847.8m and net cash stood at £110m.
In terms of Carlton’s television interests, turnover increased from £339m to £344.8m and operating profits rose marginally by £200,000 to £61m. There were also record programme sales of £72m, with Carlton programmes providing more than a quarter of the autumn, winter and spring output of the ITV network, making Carlton the top supplier. Ad revenue remained at last year’s levels though Michael Green, chairman of Carlton Communications, believes that current indications point to further growth in the second six months.
Carlton Communications: 0171 499 8050
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