Liberty Global's Financial Moves: A Game Changer for Investors!

Ladies and gentlemen, buckle up! Liberty Global has just filed its amended and restated unaudited condensed interim consolidated financial statements and MD, and the numbers are nothing short of spectacular. This is a company that's not just playing the game; it's rewriting the rules. Let's dive in and see what makes Liberty Global the talk of the town!



First things first, Liberty Global has achieved all its full-year guidance metrics across its Liberty Telecom businesses. The only hiccup? VodafoneZiggo delivered stable revenue, but hey, that's a minor blip in an otherwise stellar performance. Fixed ARPU grew across all core assets, and in Belgium and the U.K., broadband net adds were up for Q4. Telenet, for instance, saw a return to positive broadband net adds of 3,200, thanks to the BASE FMC offer. This is a company that knows how to innovate and adapt!

Now, let's talk about the fiber-rich networks. Liberty Global is investing big in FTTH programs across the U.K., Belgium, and Ireland. In the U.K., they now reach 6.4 million premises with fiber, and preparations for a fixed NetCo are on track. In Belgium, they've secured a €500 million capex facility for their NetCo called Wyre. This is not just about keeping up; it's about leading the pack!

And the 5G network advancements? VMO2 is advancing its 5G network, with outdoor coverage now reaching 75% of the U.K. Further improvements are expected with the acquisition of spectrum from Vodafone-Three. This is a company that's not just keeping up with the times; it's setting the pace!

But the real kicker? Shareholder remuneration. 2024 was a record year for Liberty Global. They successfully distributed 100% of the shares of their Swiss subsidiary Sunrise to shareholders, resulting in a CHF 3 billion tax-free dividend. And that's not all! They completed a ~$700 million buyback program to repurchase ~10% of their shares. For 2025, they're announcing a further buyback program of up to 10% of shares outstanding. This is a company that's not just talking the talk; it's walking the walk!



And let's not forget the non-core asset disposals. Liberty Global's cash balance of over $2.2 billion is supported by ~$900 million of non-core asset disposals since October 2023, with a further $500 million to $750 million targeted in 2025. This is a company that knows how to manage its resources and maximize shareholder value.

So, what's the bottom line? Liberty Global is a company that's not just navigating a challenging competitive environment; it's thriving in it. With its focus on fiber-rich networks, next-generation technologies, and shareholder remuneration, Liberty Global is a company that's set to soar. Don't miss out on this opportunity! Buy now and watch your portfolio grow!