earnings
confidence high
sentiment positive
materiality 0.70
Liberty Global Q1 net income $358M vs loss; reaffirms FY guidance; Ziggo deal on track
Liberty Global Ltd.
2026-Q1 EPS
reported $0.96
vs consensus -$0.37
▲ beat
(+362.6%)
- Q1 consolidated revenue $1.27B (+2.9% rebased), Adj EBITDA $367M; net income $358M vs -$1.32B YoY.
- Telenet broadband adds best in 10 years (+17,100); VodafoneZiggo broadband losses improve 4th consecutive qtr.
- VodafoneZiggo 50% acquisition expected to close July; spin-off of interest in H2 2027.
- All FY 2026 guidance reaffirmed; corporate reshape yields ~75% Adj EBITDA improvement vs 2024.
- Liberty Growth disposed ~$180M in ITV/EdgeConneX in Q1; $300M through April.