STV Group (STVG): Studios portfolio review

This situation live

£45m · 100.0p · −11% since the first step

17 Mar 2026 · £4.1m of £8m delivered; on track · −5% until the next step On track to deliver annualised run rate savings of £8m by end FY26

8 Sep 2026 · Portfolio review underway; impairment booked · −4% since On track to deliver annualised run rate savings of £8m by end FY26 as planned

Turnaround plan with targets

Studios portfolio review

Portfolio review underway; impairment booked

Next: decisions on several material commissions in coming months

Every step · 4

23 Jan 2026 On track – Actions announced in September to protect profitability will deliver a £2.5m cost reduction in 2026 as planned. ↗
17 Mar 2026 £4.1m of £8m delivered; on track – On track to deliver annualised run rate savings of £8m by end FY26 ↗
5 Jun 2026 On track for £8m run rate – Cost reduction plan on track to deliver annualised run rate savings of £8m by end FY26 ↗
8 Sep 2026 Portfolio review underway; impairment booked – On track to deliver annualised run rate savings of £8m by end FY26 as planned ↗

What is happening

STV Group: Studios portfolio review – Portfolio review underway; impairment booked. ['Portfolio review underway; impairment booked']

Announced: 23 Jan 2026 · On track
Latest: 8 Sep 2026 · On track; restructuring complete, c.60 roles cut
What it changes: Studios outlook is cut to FY26 breakeven with a £25.4m impairment and FY27 profit depending on commissions; Audience, cost savings and pension re-phasing support cash and leverage but not an upgrade.

decisions on several material commissions in coming months.

Briefing Pro

What it does, how it got here, what management promised and delivered – written from its own announcements.

From the company's own announcements. Not investment advice.

Also at STV Group 2 open