Liberty Global reports Q2 preliminary results: VM Ireland EBITDA down 11%, UPC Holding flat; reaffirms guidance

Liberty Global Ltd.

2023-Q2 EPS reported -$2.73 revenue$3,716,400,000

VM Ireland Q2 revenue €113.7M (-0.4% YoY), Adjusted EBITDA €43.4M (-11.1% YoY), net earnings €16.1M (-64.7% YoY).
VM Ireland P&E additions €47.3M (+112.1% YoY), with EBITDA less P&E at -€3.9M; fixed-line customer net loss 6,800, mobile net loss 3,200.
UPC Holding Q2 revenue €761.3M (+4.2% reported, -0.9% rebased), Segment Adj. EBITDA €268.3M (+1.6% reported, +0.1% rebased).
Switzerland mobile postpaid net adds 23,100; broadband base contraction 2,800; Q2 ARPU CHF 62.71 (-5.1% reported).
UPC Holding reaffirms FY2023 guidance: low-single digit revenue decline, low-to-mid single digit Adj. EBITDA decline, Adjusted FCF CHF 320-350M.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Liberty Global Ltd. reported the three months ended June 30, 2023 results: revenue €113.7 million, net income €16.1 million.

Period: the three months ended June 30, 2023
Revenue: €113.7 million
Net income: €16.1 million
Result: preliminary results

Exact text from the filing

Q2 revenue of €113.7 million decreased 0.4% YoY, as growth in mobile was offset by lower fixed revenue

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Source: SEC EDGAR

accession 0001570585-23-000354

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