LONDON, May 10 (Reuters) - Commercial broadcaster ITV said its net advertising revenue could fall by as much as 20 percent in June as its outgoing Chief Executive Adam Crozier signed off with a tough trading update.
The “Coronation Street” and “Britain’s Got Talent” broadcaster said net advertising revenue would be down by 8 to 9 percent in the first half of the year, with the measurement set to fall by 8 percent in May and between 15-20 percent in June.
Analysts had expected June to be a tough month after it showed Euro 2016 soccer matches in the previous year, which boosted viewing figures.
The group reiterated its forecast for the full year.
Reporting by Kate Holton; editing by Costas Pitas