earnings
confidence high
sentiment positive
materiality 0.80
Liberty Global Reports Q4 and FY 2022 Results, Exceeds Distributable Cash Flow Guidance
Liberty Global Ltd.
2022-FY EPS reported
$2.96
revenue$7,195,700,000
- Achieved all 2022 guidance targets and exceeded Distributable Cash Flow guidance of $1.6B, up 17% YoY.
- Repurchased 14% of shares outstanding in 2022 for $1.7B, reiterating 10% buyback floor for 2023.
- Q4 aggregate broadband and postpaid mobile net adds of 197,000; Sunrise added 44,000 postpaid and 9,200 broadband net adds.
- VMO2 JV delivered 71,100 postpaid mobile net adds and 22,700 broadband net adds in Q4; synergy realization supported 9.7% rebased EBITDA growth.
- Expects stable Distributable Cash Flow of ~$1.6B in 2023; total liquidity over $6B including $3.4B corporate cash.