Liberty Global Results Presentation Deck slide image

Liberty Global Results Presentation Deck

Q1'22 EBITDA: FOCUS ON COST CONTROL SUPPORTING STRONG EBITDA GROWTH AT VMO2, VZ AND SUNRISE UPC (1) VMO2(2): Growth driven by cost savings (MVNO), lower sales and marketing and synergies EBITDA trends to improve in 2022 given price rises and synergies SUNRISE UPC: Growth driven by synergies, cost control and limited CTC impact Rebranding activities and commercial projects incoming (Swiss Ski, Sunrise moments) VODAFONEZIGGO(2): Strong growth supported by disciplined cost control Lower content costs contribute to EBITDA growth TELENET: Tough comparison with wage inflation of +3.6% from January and higher network costs Price adjustments and cost control to drive subsequent growth VMO2(2) TRANSACTION ADJ. EBITDA GROWTH (%) 3.6% Q1'21 5.7% 4.9% FY'20 Q2'21 VODAFONEZIGGO (²) EBITDA GROWTH (%) (0.6%) (3.8%) Q3'21 2.8% (2.1%) 2.4% Q4'21 5.1% FY¹21 2.0% (VirgiO₂) Includes $14m CTC 2.2% Q1'22 OZ 2.1% Q1'21 Q2'21 Q3'21 Q4'21 FY'21 Q1'22 SUNRISE UPC EBITDA GROWTH (%) (10.5%) (7.3%) (3.1%) 0.2% FY'20 Q1'21 Q2'21 Q3'21 3.3% TELENET EBITDA GROWTH (%) 3.2% 0.6% (0.4%) (0.5%) Q4'21 1.6% FY'20 Q1'21 Q2'21 Q3'21 Q4'21 (1) YOY growth rates presented on a rebased basis for VodafoneZiggo, Telenet and Sunrise UPC. VMO2 JV YOY growth rates based on IFRS transaction adjusted pro forma results as if the VMO2 JV was created on January 1, 2020. VMO2 YoY growth rates are shown on an FX neutral basis. IFRS results as reported by the VMO2 JV and US GAAP results differ significantly and are not comparable. See the Appendix for additional information and reconciliations. (2) Non-consolidated 50% owned JVs. Reflects 100% of VodafoneZiggo and VMO2. Sunrise upc (1.8%) Includes $ 5m CTC FY'21 1.2% 9.6% FY'21 Q1'22 A (1.7%) Q1'22
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