VM Ireland Q3 EBITDA falls 14% YoY; UPC Holding reaffirms 2023 guidance

Liberty Global Ltd.

2023-Q3 EPS reported -$1.28 revenue$5,570,900,000

VM Ireland Q3 revenue flat at €115.4M; Adjusted EBITDA down 14.1% reported (7.8% rebased) to €42.2M.
VM Ireland net earnings down 76.4% YoY to €13.0M; P&E additions up 20.9% to €39.9M (34.6% of revenue).
UPC Holding Q3 Segment Adj. EBITDA down 4.6% reported (3.3% rebased) to €289.4M; revenue €800.6M (flat reported).
UPC Holding reaffirms FY2023 guidance: low single-digit rev decline; Adj. EBITDA decline low to mid-single-digit; capex 15-17% of rev.
VM Ireland fiber upgrade reached ~300k premises; wholesale deal with Sky announced.

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 0.9

Liberty Global Ltd. reported the three months ended September 30, 2023 results: revenue €115.4 million, net income €13.0 million.

Period: the three months ended September 30, 2023
Revenue: €115.4 million
Net income: €13.0 million
Result: preliminary results

Exact text from the filing

losses were 5,100 in Q3, mainly driven by lower acquisitions due to weaker demand and overbuild losses, partially offset by lower churn 2 Financial highlights: • Q3 revenue of €115.4 million remained stable YoY, as growth in TV advertising and mobile was offset by lower fixed revenue • Q3 residential fixed reven ue of €75.0 million decreased 3.0% YoY ◦ Fixed

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Source: SEC EDGAR

accession 0001570585-23-000421

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