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Profit Up at ITV

LONDON: ITV has posted a 14-percent gain in pre-tax profits for 2011 to £327 million. ITV reported a better-than-expected 13-percent rise in full-year earnings, which reached £462 million, on external revenues that were up 4 percent, to £2.14 billion. The British commercial broadcaster posted adjusted pre-tax profits up 24 percent to £398 million. There was …

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