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TIDMUTV 
 
UTV Media plc - Interim Management Statement 15th November 2013 
 
This Interim Management Statement covers the period from the beginning of the 
Group's current financial year, 1 January 2013 to the date of this announcement 
and incorporates the Group's nine month trading period ended 30 September 2013. 
 
9 months to end September         2013                 2012          % Change 
                                   GBPm                   GBPm 
 
Group Revenue                     83.3                 89.3            (7%) 
 
Radio GB                          37.1                 41.3            (10%) 
 
Radio Ireland                     14.5                 15.3            (6%) 
 
Television                        22.7                 23.7            (4%) 
 
New Media                         9.0                  9.0               - 
 
3 months to end September         2013                 2012          % Change 
                                   GBPm                   GBPm 
 
Group Revenue                     28.2                 27.8             1% 
 
Radio GB                          13.1                 13.5            (3%) 
 
Radio Ireland                     4.7                  4.5              5% 
 
Television                        7.5                  6.8              9% 
 
New Media                         2.9                  3.0             (3%) 
 
Radio GB 
 
As anticipated, revenues in our Radio GB division reduced by 10% over the 9 
months to September. talkSPORT's revenue was down by 15% in the period which, 
when adjusted to reflect the absence of the Euro 2012 football tournament, 
represents an outperformance of the industry decline of 8%. Local airtime 
revenues increased by 8% in the 9 month period, compared to a market up 3%, 
however our total local revenues were down by 3% as a result of a decline in 
multiplex revenues which should stabilise in 2014. 
 
Improving market conditions have led to a better performance in Q3 (overall 
down 3% in line with the market), with revenues in our talkSPORT business up 5% 
in August and 8% in September, and our local revenues up 2% and 1% in the same 
months. We believe this growth in talkSPORT and local radio will continue into 
Q4 and we anticipate our Radio GB divisional revenue in the final quarter will 
be 4% up on last year. 
 
Radio Ireland 
 
In the 9 months to September our Radio Ireland revenues declined by 6% (9% on a 
local currency basis) representing an outperformance against the market which 
is estimated to be down by around 15% in the same period. As anticipated, 
improving market conditions in Q3 (market down around 5%), along with a 
positive foreign exchange impact, resulted in an increase of 5% in revenues (a 
decline of 2% on a local currency basis). The outlook for Q4 is better and we 
expect to continue to outperform the market with a revenue increase of 8% (5% 
on a local currency basis). 
 
Television 
 
Total Television revenues in the 9 month period to September decreased by 4%, 
with London NAR down 3% and Irish NAR down 1%. Growth from July onwards has led 
to a 9% increase in total revenues in Q3, with our Net Advertising Revenue 
(NAR) up by 11% in this quarter. In Q3 our London NAR was up 10% and our Irish 
NAR was up by 15%. In Q4 we expect total Television revenues to be up 8%, with 
London NAR in line with last year, and our Irish NAR to increase by 10%, 
compared to the same period in 2012. 
 
New Media 
 
Revenue in the nine months to September was in line with the same period in 
2012. In the third quarter challenging trading conditions facing our UTV 
Connect business led to a decrease of 3% in divisional revenues. Excluding UTV 
Connect, New Media divisional revenues were up 16% in the quarter. 
 
We anticipate revenues in Q4 to be down 13% on the same period in 2012. 
Excluding UTV Connect, New Media divisional revenues are expected to be up 1% 
in Q4. 
 
Net Debt 
 
Net debt at 30 September was GBP56.1m (GBP52.5m at 30 September 2012) in line with 
our expectations. 
 
We continue to be very focused on our costs and cash management, recognising 
the need to continue to carefully manage our resources. 
 
Outlook 
 
After the very difficult trading conditions of the first six months, it is good 
to be able to report that the Group has moved into year on year revenue growth 
in H2. As we progress towards 2014 we are further encouraged by the prospect of 
a continuation of these improved market conditions together with the commercial 
opportunities arising from the FIFA World Cup. 
 
Last week's announcement of our plans to launch a new television channel in 
Ireland, following our agreement with ITV Global Entertainment for the 
exclusive rights, from January 2015, for key ITV programmes in the Republic of 
Ireland, represents an exciting strategic step forward for the Group. A strong 
television offering in the Republic of Ireland, replicating the success of our 
television station in Northern Ireland, will complement our already 
well-established radio and online activities throughout Ireland. 
 
UTV's next scheduled announcement of financial information will be the release 
of our preliminary results (to 31 December 2013) which is provisionally 
scheduled for 18 March 2014. 
 
Investor Enquiries                      www.utvmedia.com/investors 
John McCann, Group CEO                  +44 (0) 28 9032 8122 
Norman McKeown, Group Finance Director  +44 (0) 28 9032 8122 
 
Media Enquiries 
Orla McKibbin, Head of Communications   +44 (0) 28 9026 2188 / +44 (0) 7879 666 427 
 
Maitland 
James Devas                             +44 (0) 20 7379 5151 
 
About UTV 
 
UTV Media plc is one of the most successful media companies in the UK and 
Ireland incorporating Radio, Television and New Media. UTV Radio GB operates 
the no. 1 commercial national speech station - talkSPORT, 13 Independent Local 
Radio Stations (ILRs) and a number of digital radio multiplexes throughout GB. 
talkSPORT is Global Audio Partner of the Barclays Premier League through to 
2016 and also incorporates Sport magazine. UTV Radio Ireland is the largest 
operator of ILRs in Ireland. UTV Television is the Channel 3 licensee for 
Northern Ireland and has the highest TV penetration locally. UTV New Media 
comprises a leading internet service provider, specialist digital services 
business, full service digital agency and three web-based portals. 
 
Forward Looking Statements 
 
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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