---
schema_version: "secwatch.filing_event.v1"
accession: "0001570585-23-000421"
form_type: "8-K"
ticker: "LBTYA"
cik: "0001570585"
company_name: "Liberty Global Ltd."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:39:54.078461+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001570585-23-000421
- form_type: 8-K
- ticker: LBTYA
- cik: 0001570585
- company_name: Liberty Global Ltd.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1570585/000157058523000421/0001570585-23-000421-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1570585/000157058523000421/lbtya-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001570585-23-000421
- JSON: https://secwatch.observer/filing/0001570585-23-000421.json
- Plain text: https://secwatch.observer/filing/0001570585-23-000421.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1570585/000157058523000421/0001570585-23-000421-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.