secwatch.observer — SEC 8-K summary
======================================

Issuer:     Liberty Global Ltd. (LBTYA)
CIK:        0001570585
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001570585-24-000028
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liberty Global reports preliminary Q4 results for Sunrise and VM Ireland; Sunrise issues FY2024 guidance
--------------------------------------------------------------------------------

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1570585/000157058524000028/0001570585-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1570585/000157058524000028/lbtya-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001570585-24-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer