STV posts a large loss after Studios impairment
STV’s ($STVG) first-half pre-tax loss widened to £22.7 million from £0.2 million a year earlier, as revenue fell 27% to £66.1 million. The result included a £25.4 million non-cash impairment of Studios assets. The company maintained its target of achieving £8 million in annualised cost savings by the end of 2026. Sources: Alliance News / AJ Bell — STV results
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