earnings
confidence high
sentiment neutral
materiality 0.65
Liberty Global reports preliminary Q4 results for Sunrise and VM Ireland; Sunrise issues FY2024 guidance
Liberty Global Ltd.
2023-FY EPS reported
-$9.52
revenue$7,491,400,000
- VM Ireland Q4 revenue €124.3M (-1.8% YoY); net loss €34.4M vs €19.2M profit; Adj. EBITDA €43.4M.
- Sunrise Q4 revenue €845.1M (+5.8% reported); Segment Adj. EBITDA €270.8M (+5.8% reported, +5.4% rebased).
- Sunrise mobile postpaid net adds of 25,100 in Q4; broadband net adds flat, FMC penetration 58%.
- Sunrise FY2024 guidance: Adj. EBITDA stable to low-single-digit growth; Adj. FCF CHF 360-400M; capex 16-18% of revenue.
- Both groups report leverage ratios: Sunrise Net Total Debt/Annualized EBITDA 4.88x; VM Ireland 5.20x (covenant basis).