Liberty Global plc – Class A ( (LBTYA) ) has released its Q4 earnings. Here is a breakdown of the information Liberty Global plc – Class A presented to its investors.
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Liberty Global plc, a prominent telecommunications company, operates in the broadband, video, and mobile communications sectors across Europe, known for its extensive fiber and 5G networks under brands like Virgin Media O2, VodafoneZiggo, and Telenet.
Liberty Global recently announced its Q4 and FY 2024 results, meeting its full-year guidance targets for Telenet and VMO2, with a stable revenue performance from VodafoneZiggo. A notable highlight was the successful spin-off of Sunrise, marking a significant tax-free dividend for shareholders.
Key financial metrics include a cash balance of $2.2 billion, bolstered by $900 million from non-core asset disposals. The company completed a $700 million share buyback program and plans to repurchase up to 10% of shares in 2025. Operationally, Liberty Global expanded its fiber networks in the U.K., Belgium, and Ireland and increased its stake in Formula E to 66%.
Financially, Liberty Global reported a 9.7% YoY increase in Q4 revenue and a 3.4% rise in Adjusted EBITDA. Despite challenges, the company maintained a strong balance sheet with nearly $3 billion in liquidity. The company aims to continue enhancing shareholder value through strategic transactions and investments in fiber networks.
Looking ahead, Liberty Global plans to focus on its telecom assets for future transactions to unlock value for shareholders. Its strategic initiatives include further investments in next-generation networks and a commitment to maintaining a strong financial position.
