ITV plc pre-tax profits rise by 27% to £581 million

ITV plc has announced adjusted profits before tax of £581 million for the full year 2013, up 27% on the previous year's figures.

ITV plc announces pre-tax profits of £581 million. Credit: ITV

Much of the improvement came from its production arm, which grew revenues by 20% to £857 million following the success of programmes such as Ant & Dec's Saturday Night Takeaway and The Chase.

Mr Selfridge, Poirot and Hell's Kitchen US were also sold to more than 150 countries, while eight of its formats have been sold in three or more countries, including I'm a Celebrity Get Me Out Of Here! and Dancing on Ice.