earnings
confidence high
sentiment neutral
materiality 0.75
Liberty Latin America Q4 Adj. OIBDA +6% rebased; guides >$1B FCF through 2026
Liberty Latin America Ltd.
2023-FY EPS reported
-$0.35
revenue$4,511,100,000
- Q4 adj. OIBDA $432M (+7% reported, +6% rebased); FY adj. OIBDA $1.70B (+6% rebased excl. VTR).
- FY adj. FCF before distributions $273M (+43% YoY); repurchased $300M in equity & convertible notes in 2023.
- Puerto Rico mobile integration >80% complete; >800k subs migrated; TSA exit targeted by June 2024.
- Medium-term outlook: mid-to-high single digit adj. OIBDA CAGR; aggregate >$1B FCF over next 3 years.
- Tower monetization: $244M received in Q4; ~$70M additional proceeds expected from Bahamas in H1 2024.