Telenet Q1 net profit €46.8M (vs €16.8M); revenue flat at €702.4M; FY guidance reaffirmed

Liberty Global Ltd.

2024-Q1 EPS reported $1.32 revenue$1,945,100,000

Revenue broadly stable YoY at €702.4M; consumer fixed revenue down 1.8%, consumer mobile up 4.1%.
Adjusted EBITDA down 1.5% to €314.9M; margin 44.8% (70 bps contraction).
Net subscriber losses of 59,300 in Q1, similar to Q4 2023; FMC households up 3,600 to 847,200.
Adjusted FCF improved to €12.8M from negative €34.7M in Q1 2023.
Reaffirmed FY2024 guidance: revenue broadly stable, Adj. EBITDAaL mid-single digit decline, Adj. FCF €50-75M.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.85

Liberty Global Ltd. reported the three months ended March 31, 2024 results: revenue €702.4 million, net income €46.8 million.

Period: the three months ended March 31, 2024
Revenue: €702.4 million
Net income: €46.8 million
Result: preliminary results

Exact text from the filing

companies and organizations, marking a milestone in the evolution of digital infrastructure and work environments of businesses in Belgium 1 Financial highlights: • Revenue of €702.4 million in Q1 2024, broadly stable YoY on both a reported and rebased 2 basis ◦ Consumer fixed revenue decreased 1.8% YoY on both a reported an rebased basis as the benefit of the June

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Source: SEC EDGAR

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