earnings
confidence high
sentiment negative
materiality 0.90
Liberty Global Q3 net loss of $1.41B; Sunrise spin-off approved for Nov 12
Liberty Global Ltd.
2024-Q3 EPS reported
-$1.77
revenue$5,754,000,000
- Revenue $1,935M (+4.4% reported, +2.6% rebased); net loss $1,411M vs profit $823M in Q3 2023.
- Adjusted EBITDA $668M (+11.8% reported, +9.4% rebased); P&E additions $386M (19.9% of revenue).
- Sunrise spin-off approved (99% votes in favor) with distribution Nov 12; planned CHF 1.5B debt paydown.
- Share buyback ~8% of shares YTD, targeting 10% by year-end; asset proceeds ~$900M expected.
- VodafoneZiggo refinanced 2027 maturities; Liberty increased Formula E stake to 66%.