Published Tuesday, 27 August 2013
The group said it is confident about its revenue prospects. (© UTV)
Revenue dipped to £55.2m in the six months ending 30 June from £61.6m a year earlier and pre-tax profits fell by £4.6m.
The group also reported a slight increase in net debt which stands at £50.2m.
A spokesperson said the downturn comes in the absence of a major sporting event in the UK radio market, but added that prospects for revenue growth are strong for the World Cup in 2014.
UTV's radio station talkSPORT achieved the highest audience in the station's history and successfully renewed audio broadcasting rights for two Premier League packages for the next three football seasons.
John McCann, Group Chief Executive, UTV Media plc, said: "As expected the first half of the year has been challenging for the Group.
"However, we remain confident about the prospects for growth in the second half and as we move into the 2014 World Cup year."
© UTV News