Liberty Global Stock Price, News & Analysis

Liberty Global and Sunrise Communications AG have announced an investor call scheduled for September 10, 2024, at 12:00 p.m. Eastern Time. The call will discuss the recently published preliminary F-4 filing with the SEC regarding the planned spin-off of Sunrise in Q4 2024.

The call will be led by Liberty Global's General Counsel, Bryan H. Hall, and the investor relations team. They will address investor questions specifically related to technical matters in the F-4 filing, including spin mechanics. Participants are encouraged to pre-register using the provided link to receive call access details and a unique PIN.

For those unable to pre-register, alternative access numbers are provided. A replay of the call will be available on the company's Investor Relations website for at least 30 days after the event.

Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) is set to present at the Goldman Sachs European Communacopia Conference on September 17, 2024 at 7:20 a.m. Mountain Time. The company plans to discuss its historical performance and future outlook during the presentation. Investors and interested parties can access the live webcast on Liberty Global's website. The presentation will be archived for approximately 30 days in the Investor Relations section of the company's website, allowing those unable to attend the live event to review the information later.

Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) has released its 2023 People Planet Progress report, highlighting sustainability and social impact achievements. Key points include:

- 44% women in workforce (Netherlands, UK, US)
- 28% decrease in carbon emissions since 2019
- Over 225,000 people benefited from affordable connectivity packages
- 1.9 million people impacted by digital skills programs
- 92% renewable electricity procured
- 600,000+ devices refurbished
- Increased CDP rating to B grade

The company joined the UN Global Compact and aims to have 45% women in its workforce by 2025.

Liberty Global reported Q2 2024 financial results, highlighting strategic progress and strong financial performance. Key points include:

• Sunrise spin-off on track for Q4 2024
• $3.5 billion consolidated cash balance
• Strong performance in Netherlands, momentum in Switzerland, and fixed ARPU recovery in UK
• Revenue of $1,873.7 million, up 2.2% YoY on a rebased basis
• Net earnings of $275.2 million, up 153.8% YoY
• Adjusted EBITDA of $604.7 million, up 1.0% YoY on a rebased basis

The company updated VMO2's full-year revenue guidance to 'low to mid-single-digit decline' due to lower handset sales, but remains on track for other OpCo guidance targets. Liberty Global continues to focus on maximizing FMC value, leveraging its Ventures portfolio, and delivering shareholder value.

Liberty Global has announced a Sunrise Capital Markets Day on September 9, 2024, ahead of its planned spin-off on the SIX Swiss Exchange in Q4 2024. The event will feature presentations by the Sunrise management team, outlining their operating strategy and financial outlook. Following the event, a roadshow will be conducted by Sunrise's CEO and CFO. The event will be webcast live on both the Sunrise and Liberty Global websites, starting at 13:30 CEST / 7:30 EDT, with a replay available for 90 days. A detailed agenda will be released before the event.

Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) has announced it will release its second quarter 2024 financial results on July 25, 2024. The company will hold an investor call on July 26, 2024, at 09:00 a.m. (Eastern Time) to discuss these results. During the call, company management will provide detailed insights and may address other business matters.

Liberty Global (NASDAQ: LBTYA) announced its acquisition of Warner Bros. Discovery's shares in the Formula E electric car racing series, increasing its stake to 65% and gaining controlling interest. Formula E, recognized for its environmental sustainability, features 16 races across iconic cities, with top teams like Jaguar, Porsche, and McLaren. The series has nearly 400 million fans worldwide. Liberty Global CEO Mike Fries emphasized the potential for further growth and sustainability integration. The deal, pending regulatory approval, is expected to close by year-end.

Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) is set to present at the Bank of America C-Suite TMT Conference on June 11, 2024, at 10:35 am BST. The company plans to discuss its historical performance and future outlook. This presentation will be webcast live on the company's website and archived for 30 days in the Investor Relations section.

Stephen van Rooyen has been appointed Chief Executive Officer of VodafoneZiggo, effective September 2024. Van Rooyen, who was the CEO of Sky UK & Ireland and Chief Commercial Officer for the Sky Group, brings over 17 years of telecom and media experience. His tenure at Sky included launching key products like Sky Mobile, Sky Broadband, and NOW TV, as well as leading Sky Sports, Sky Cinema, and Sky channels. He succeeds Jeroen Hoencamp, who is retiring. In the interim, CFO Ritchy Drost will lead VodafoneZiggo. Liberty Global CEO Mike Fries and Vodafone Group CEO Margherita Della Valle praised van Rooyen's expertise in driving growth and innovation.