LORNA TILBIAN | NUMIS SECURITIES
We are upgrading our forecasts by five per cent. Business to consumer is benefiting from improved advertising, and we expect this to continue into the third quarter, as evidenced by reports that ITV will see strong trading then.
MICK GILLIGAN | KILLIK & CO
We would be mindful of the limited visibility of revenue streams and of the internet’s long term structural threat to newspaper assets. Our preferred longer term media plays would be Pearson and WPP.
MANOJ LADWA | ETX CAPITAL
Margins and operating profits have continued to improve. Results for the first half are expected to show an increase on last year’s largely due to improvement in the profitability of the consumer businesses.