earnings
confidence high
sentiment negative
materiality 0.75
Liberty Global Q1: VM Ireland revenue flat, EBITDA -14.8%; UPC Holding revenue +2.9% reported, EBITDA -8.3%
Liberty Global Ltd.
2023-Q1 EPS reported
-$1.59
revenue$1,868,400,000
- VM Ireland Q1 revenue €114.7M (+0.7% YoY); Adjusted EBITDA €38.7M (-14.8% reported, -8.0% rebased).
- VM Ireland net loss €3.5M vs prior-year profit €55M; P&E additions €30.9M (+30.4% YoY).
- UPC Holding Q1 revenue €764.5M (+2.9% reported, -1.6% rebased); Segment Adj. EBITDA €249.6M (-8.3% reported, -8.9% rebased).
- UPC Holding loss from continuing ops €68.2M (vs prior-year profit €145.3M); Swiss rebased revenue -1.7%.
- UPC Holding reaffirms FY2023 guidance: Swiss low-single-digit revenue decline, Adj. FCF CHF 320-350M.