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Liberty Global A Completes Sunrise Spin-off and Reports Q4 2024 Results

Story Highlights
  • Liberty Global met 2024 targets, spinning off Sunrise for a tax-free CHF 3 billion dividend.
  • Investing in fiber networks, VMO2’s 5G expansion continues, with a strong balance sheet for 2025 plans.
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Liberty Global A Completes Sunrise Spin-off and Reports Q4 2024 Results

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Liberty Global A ( (LBTYA) ) just unveiled an announcement.

Liberty Global A reported its Q4 2024 results, achieving full-year guidance targets at Telenet and VMO2, while VodafoneZiggo maintained stable revenue. The company completed the Sunrise spin-off in November, which represented a CHF 3.0 billion tax-free dividend to its shareholders. Liberty Global also executed a share buyback program, repurchasing about 10% of its shares. The company is investing in its fiber-rich networks, with significant expansions in the U.K. and Belgium. VMO2 continues to advance its 5G network and achieved record footprint expansion in 2024. Liberty Global’s balance sheet remains strong, supported by non-core asset disposals and a robust cash balance, with future plans to unlock further shareholder value through strategic transactions and additional share buybacks in 2025.

More about Liberty Global A

Liberty Global A operates in the telecommunications industry, focusing on providing broadband internet services, mobile networks, and fixed-line communication solutions. The company emphasizes customer centricity, digital initiatives, and next-generation networks, with a market focus in regions such as the U.K., Belgium, and Ireland.

YTD Price Performance: -15.93%

Average Trading Volume: 2,192,931

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.99B

See more data about LBTYA stock on TipRanks’ Stock Analysis page.

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