Telenet H1 2023 net loss €12M; broadband and mobile postpaid lose subscribers in Q2

Liberty Global Ltd.

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

Revenue €1,406.9M (+9% reported, +2% rebased); net loss €12.0M vs €793.4M profit H1 2022 due to prior year gain on mobile infrastructure sale.
Adjusted EBITDAaL €619.1M (+1% reported, +3% rebased); Adjusted FCF €102.5M (-39% YoY).
Broadband net loss of 5,000 RGUs and mobile postpaid net loss of 5,400 in Q2; FMC subscribers up 6% YoY to 839,900.
Wyre (NetCo) partnership with Fluvius closed July 1; Liberty Global takeover bid increased ownership to 93.23%.
FY 2023 guidance reaffirmed: broadly stable rebased Adjusted EBITDAaL and Adjusted Free Cash Flow around €250M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Liberty Global Ltd. reported the six months ended June 30, 2023 results: revenue €1,406.9 million, net income €(12.0) million, EPS €(0.10) per diluted share. Guidance reaffirmed.

Period: the six months ended June 30, 2023
Revenue: €1,406.9 million
Net income: €(12.0) million
EPS: €(0.10) per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

preferences. • Continued FMC growth, reaching 839,900 FMC subscribers at June 30, 2023, up 6% year-on-year and adding 5,500 net new FMC subscribers in Q2 2023. • Revenue of €1,406.9 million in H1 2023, up 9% and 2% year-on-year on a reported and rebased (1) basis, respectively, driven by higher subscription and business services revenue. Top line growth in Q2 2023

View on SEC.gov

Browse all earnings releases →

Liberty Global Ltd. filing history →

Source: SEC EDGAR

accession 0001570585-23-000358

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.