WLG Wireless Grp

 
TIDMUTV 
 
The following Interim Management Statement for UTV Media plc covers the period 
from the beginning of the Group's current financial year, 1 January 2011, to 
the date of this announcement and incorporates the Group's ten month trading 
period ended 31 October 2011 
 
Trading performance for the ten month period ended31 October 2011and outlook by 
business division 
 
During those ten months the Group experienced an overall revenue increase on 
continuing operations of 2% compared to last year. 
 
Radio GB 
 
Revenue over the period grew by 5% compared to the same period last year. The 
UK radio market declined by 2% in the same period. We anticipate that revenue 
in November and December in this division will be 9% above last year. 
 
Radio Ireland 
 
Revenue over the period declined by 4% compared to last year with sterling 
translation exchange gains accounting for 1%. The like for like decline in 
sales was therefore 5%, continuing a significant outperformance of the Irish 
radio market. It is expected that November and December will be flat compared 
to last year, like for like. 
 
Television 
 
Revenue over the period increased by 1% which was in line with the network. It 
is anticipated that this division will experience a revenue decline of 7% over 
the two month period of November and December. 
 
New Media 
 
Revenue over the period is 1% up on that achieved in the same period in 2010 
and this trend is expected to continue in November and December. 
 
Net Debt 
 
Net debt continues to improve in line with previous guidance. 
 
Summary and Outlook 
 
The economic environment continues to bring uncertainty and volatility to the 
airtime market with visibility remaining very limited. In the last two months 
of the year, the decline in Television advertising revenue is likely to be 
mitigated by an increase in advertising revenue from Radio GB. In our Irish 
radio division, the decline in advertising has flattened in November and 
December while our New Media division is continuing to experience some growth. 
 
For further information contact: 
 
UTV Media plc 
 
John McCann 
 
Group Chief Executive 
 
+44 (0) 28 9026 2202 
 
Norman McKeown 
 
Group Finance Director 
 
+44 (0) 28 9026 2098 
 
Orla McKibbin 
 
Head of Communications 
 
+44 (0) 28 9026 2188 
 
Cautionary Statement 
 
Figures presented in this Interim Management Statement are not audited. This 
announcement contains certain forward-looking statements with regards to the 
financial condition and results of the operations of UTV Media plc. These 
statements and forecasts involve risk factors which are associated with, but 
are not exclusive to, the economic and business circumstances occurring from 
time to time in the countries and sectors in which the group operates. These 
forward-looking statements are made only as at the date of this announcement. 
Nothing in this announcement should be construed as a profit forecast. Other 
than required by law, UTV Media plc undertakes no obligation to update the 
forward-looking statements. 
 
 
 
END 
 

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