Liberty Global Ltd. announced its first quarter 2025 financial results on May 2, 2025, with consolidated revenue increasing by 7.3% year-over-year to $1,171.2 million. This growth was primarily driven by the consolidation of Formula E, contributing $84.2 million, and revenue from services provided to the spun-off Sunrise, adding $49.6 million.
On an organic basis, consolidated revenue experienced a slight decrease of 1.2%, reflecting ongoing competitive pressures in residential mobile and fixed customer bases across certain markets. Despite this, consolidated Adjusted EBITDA increased by 14.7% year-over-year to $324.6 million, with organic Adjusted EBITDA growing by 5.1%.
Management adjusted its 2025 guidance for VodafoneZiggo, now expecting a low single-digit revenue decline and a mid to high single-digit decrease in Adjusted EBITDA. This reset is due to pricing realignments and increased retention efforts, with a return to growth targeted around 2027. The company also targeted $500 million to $750 million in asset sales and up to 10% share repurchases in 2025, having used $38.8 million for buybacks in Q1.
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