{"schema_version":"secwatch.filing_event.v1","accession":"0001570585-23-000135","form_type":"8-K","ticker":"LBTYA","cik":"0001570585","company_name":"Liberty Global Ltd.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.453091+00:00","generated_at":"2026-06-16T08:57:10.250446+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Telenet Q1 net profit down 90% YoY to €16.8M; Liberty Global offers €22/share takeover","bullets":["Revenue €702.8M (+9% YoY reported, +3% rebased); adjusted EBITDA €319.6M (-3% YoY); adjusted EBITDAaL €281.8M (-6% YoY).","Net profit €16.8M (-90% YoY) due to derivative fair value reversal and 21% lower operating profit on inflationary cost pressures.","Liberty Global (through subsidiary) announced voluntary cash offer at €22/share for remaining Telenet shares, representing 59% premium to March 15 close; dividend of €1.0/share to be deducted.","Negative adjusted free cash flow of €34.7M vs positive €61.2M in Q1 2022, driven by higher capex and lower vendor financing.","FY 2023 guidance reaffirmed: rebased Adj. EBITDAaL growth expected in H2 due to June rate adjustments and cost control."],"urls":{"canonical":"https://secwatch.observer/filing/0001570585-23-000135","json":"https://secwatch.observer/filing/0001570585-23-000135.json","markdown":"https://secwatch.observer/filing/0001570585-23-000135.md","text":"https://secwatch.observer/filing/0001570585-23-000135.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1570585/000157058523000135/0001570585-23-000135-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1570585/000157058523000135/lbtya-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T08:57:10.250446+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5de8ff7ca60a9a5c13e8411972ea5d8c71520b0b","claim":"Liberty Global Ltd. reported the three months ended March 31, 2023 results: revenue €702.8 million, net income €16.8 million, EPS €0.15. Guidance reaffirmed.","evidence_excerpt":"strong performance at BASE. Both our video and fixed-line telephony RGU base continued to contract, mainly driven by macro trends and shifting consumer preferences. • Revenue of €702.8 million in Q1 2023 , up 9% and almost 3% year-on-year on a reported and rebased (1) basis, respectively. Rebased top line growth was driven by (i) h igher advertising and production","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1570585/000157058523000135/0001570585-23-000135-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Revenue","value":"€702.8 million"},{"label":"Net income","value":"€16.8 million"},{"label":"EPS","value":"€0.15"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}