earnings
confidence high
sentiment neutral
materiality 0.70
Liberty Global Q1 revenue up 4.1%; net income $527M; Sunrise spin-off on track for Q4 2024
Liberty Global Ltd.
2024-Q1 EPS reported
$1.32
revenue$1,945,100,000
- Revenue $1,945.1M (+4.1% reported); net earnings $527M vs loss $713.5M YoY.
- Adjusted EBITDA $581.4M (-6.9% reported); Adj FCF -$185.4M; guidance reaffirmed.
- Sunrise spin-off on track for Q4 2024; ~3% shares repurchased toward 10% target.
- VMO2 refinanced $2.4B of 2027 maturities; liquidity $4.7B; debt $15.7B at 3.4%.
- Fiber build milestones: nexfibre 1M premises built; VMO2 build capacity ramping.