Telenet FY 2024 revenue flat at €2.85B; guides FY25 negative FCF of -€150M to -€180M

Liberty Global Ltd.

2024-FY EPS reported $4.23 revenue$4,341,900,000

Q4 2024 net loss of €10.3M vs €146.9M loss Q4 2023; FY net income €55.8M (FY 2023: €280.3M).
FY 2024 Adjusted EBITDAaL flat at €1,279.9M; Adjusted FCF of €102.8M beat guidance of €50-75M.
Broadband net additions of 3,200 (inflection after 2 years of decline); FMC households up 12,200.
FY 2025 guidance: broadly stable revenue, low-to-mid single digit Adjusted EBITDAaL decline.
Wyre secured a €500M standalone capex facility (EURIBOR+2.75%) to fund FTTH rollout.

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