Liberty Global plc (NASDAQ:LBTYA) Q3 2022 Earnings Conference Call November 2, 2022 9:00 AM ET Company Participants Mike Fries - CEO Charlie Bracken - EVP and CFO Lutz Schüler - CEO, Virgin Media Ritchy Drost - André Krause - CEO, Sunrise UPC Business Conference Call Participants James Ratcliffe - Evercore ISI Sam McHugh - BNP Exane Nick Lyall - Societe Generale Georgios Ierodiaconou - Citi Carl Murdock-Smith - Berenberg Luis Sanchez-Lecaroz - Credit Suisse Jerry Dellis - Jefferies Matthew Harrigan - Bench ...

Liberty Global plc (NASDAQ:LBTYA) Q2 2022 Results Earnings Conference Call July 29, 2022 9:30 AM ET Company Participants Mike Fries - Chief Executive Officer Charlie Bracken - EVP, Chief Financial Officer Lutz Schüler - CEO, Virgin Media Conference Call Participants Stephen Malcolm - Redburn Luis Sanchez-Lecaroz - Credit Suisse James Ratcliffe - Evercore ISI Samuel McHugh - BNP Paribas Exane Robert Grindle - Deutsche Bank David Wright - BofA Securities Polo Tang - UBS James Ratzer - New Street Research Ulri ...

Liberty Global plc (NASDAQ:LBTYA) Q1 2022 Earnings Conference Call May 11, 2022 9:00 AM ET Company Representatives Mike Fries - Chief Executive Officer Charlie Bracken - EVP, Chief Financial Officer Lutz Schüler - CEO, Virgin Media André Krause - CEO, Sunrise UPC Business Enrique Rodriguez - Chief Technology Officer Conference Call Participants Maurice Patrick - Barclays David Wright - Bank of America Ulrich Rathe - Jeffries Robert Grindle - Deutsche Bank Nick Lyall - Soc Gen Andrew Lee - Goldman Sachs Matt ...

Liberty Global plc (NASDAQ:LBTYA) Q4 2021 Earnings Conference Call February 18, 2022 9:00 AM ET Company Participants Michael Fries - Vice Chairman, President and CEO Charles Bracken - EVP and CFO Lutz Schüler - CEO, Virgin Media André Krause - CEO, Sunrise UPC Business Conference Call Participants Polo Tang - UBS David Wright - BofA James Ratzer - New Street Research Robert Grindle - Deutsche Bank Carl Murdock-Smith - Berenberg Nick Lyall - SocGen James Ratcliffe - Evercore ISI Maurice Patrick - Barclays Ma ...

Customer Base and Market Presence - As of December 31, 2021, the company served 4,129,700 fixed-line customers and 5,689,900 mobile subscribers, with networks passing 7,477,100 homes[260]. - The company’s operations passed 7,477,100 homes with its networks as of December 31, 2021[260]. - The company’s operations in Poland are classified as discontinued operations following an agreement to sell its Polish operations[258]. Financial Performance - Total revenue for 2021 was $10,311.3 million, a decrease of 10.7% compared to $11,545.4 million in 2020[281]. - Earnings from continuing operations for 2021 were $13,527.5 million, a significant increase from a loss of $1,525.1 million in 2020[278]. - Adjusted EBITDA for 2021 was $3,963.1 million, down from $4,703.5 million in 2020, reflecting a decrease of 15.7%[278]. - The net loss for the year 2021 was $164.9 million, a significant improvement from a net loss of $1,525.1 million in 2020[353][359]. - Operating income for the year was $74.8 million, down from $2,030.9 million in 2020, indicating a decline in operational performance[353][359]. Revenue Breakdown - Revenue in Switzerland increased by $1,748.1 million, representing a 111.1% increase from $1,573.8 million in 2020[281]. - The U.K. revenue decreased by $3,340.5 million, a decline of 55.0% from $6,076.9 million in 2020[281]. - Belgium's revenue increased by $125.0 million, a 4.3% rise from $2,940.9 million in 2020[289]. - Ireland's revenue increased by $36.3 million, a 7.1% increase from $513.7 million in 2020[289]. - The company experienced a significant revenue drop in the U.K. segment, with a decrease of $3,340.5 million, or 55.0%, compared to the previous year[281]. Competition and Market Challenges - The company faces competition that has adversely affected revenue and average monthly subscription revenue per customer[266]. - The company is subject to competitive pressures that have adversely impacted revenue and average revenue per user (ARPU) across all markets[266]. - Regulatory developments in Belgium may adversely impact future revenue[290]. Investments and Acquisitions - The company completed the Sunrise Acquisition on November 11, 2020, and the U.K. JV Transaction on June 1, 2021, impacting the comparability of 2021 and 2020 results[268]. - The company has significant investments in various media and technology companies, including ITV and Lionsgate[262]. - The impact of acquisitions in Switzerland contributed $1,178.9 million to revenue growth[285]. Cost and Expense Management - Total programming and other direct costs decreased by $303.0 million or 9.1% in 2021 compared to 2020, with an organic increase of $14.9 million or 0.5%[318]. - Other operating expenses (excluding share-based compensation) decreased by $240.8 million or 14.1% in 2021 compared to 2020, with an organic increase of $46.9 million or 3.4%[321]. - SG&A expenses (excluding share-based compensation) increased by $50.1 million or 2.8% in 2021 compared to 2020, with an organic increase of $94.7 million or 5.6%[324]. Cash Flow and Capital Management - Cash and cash equivalents totaled $910.6 million as of December 31, 2021, with $730.4 million held by unrestricted subsidiaries[366][368]. - Net cash provided by operating activities decreased from $4,016.8 million in 2020 to $3,364.0 million in 2021, a decline of $652.8 million[385]. - The company plans to repurchase up to 10% of its total outstanding shares in 2022, with an aggregate amount of share repurchases in 2021 being $1,581.1 million[374]. Foreign Exchange Impact - Foreign currency exchange rates significantly impacted reported operating results, with 55.2% of revenue derived from euro and 43.7% from Swiss franc[270]. - The impact of foreign exchange (FX) contributed positively with an increase of $291.0 million to total residential revenue[313]. - Foreign currency transaction gains amounted to $1,324.5 million in 2021, compared to a loss of $1,409.3 million in 2020[344]. Future Outlook and Strategy - The company aims to achieve organic revenue and customer growth by developing bundled services and enhancing network quality[264]. - The company expects to maintain significant levels of interest expense due to its capital structure and debt management strategy[361]. - The company anticipates refinancing or extending debt maturities as maturing debt increases in later years, although future conditions may impact this ability[382].

Liberty Global PLC (NASDAQ:LBTYA) Q3 2021 Earnings Conference Call November 4, 2021 9:00 AM ET Company Participants Michael Fries - Vice Chairman, President & CEO Charles Bracken - EVP & CFO Lutz Schüler - CEO, Virgin Media André Krause - CEO, Sunrise UPC Business Conference Call Participants Jeffrey Wlodarczak - Pivotal Research Group Maurice Patrick - Barclays Bank Akhil Dattani - JPMorgan Chase & Co. Polo Tang - UBS Nick Lyall - Societe Generale Ulrich Rathe - Jefferies James Ratcliffe - Evercore ISI Rob ...