LBTYK - Liberty Global Plc
| Previous Close | 24.66 |
| Open | 24.35 |
| Bid | 24.52 x 1800 |
| Ask | 24.53 x 800 |
| Day's Range | 24.28 - 24.61 |
| 52 Week Range | 19.24 - 29.36 |
| Volume | 1,849,118 |
| Avg. Volume | 2,650,680 |
| Market Cap | 18.253B |
| Beta (3Y Monthly) | 1.43 |
| PE Ratio (TTM) | 9.77 |
| EPS (TTM) | 2.52 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 34.00 |
Reuters•6 days agoNew Vodafone boss tackles debt burden with dividend cut
The new boss of Vodafone cut the mobile operator's dividend for the first time, securing the firepower it needs to build 5G networks and complete its acquisition of Liberty Global assets. Nick Read, the former CFO who has been in the top job since October, said the decision to cut one of the biggest payouts in Britain had not been taken lightly, but was needed to bring down debt and invest in new technologies.
Motley Fool•8 days agoLiberty Global PLC (LBTYK) Q1 2019 Earnings Call Transcript
LBTYK earnings call for the period ending March 31, 2019.
Bloomberg•11 days agoBrexit Delay Rekindles Allure of U.K.'s Junk Bond Market
“There’s strong demand for good credits in sterling and the delay in Brexit proceedings has certainly helped overall sentiment around the currency,” said Stephen Smith, a high-yield syndicate manager at Barclays Plc in London, who helped arrange both this week’s sterling sales.
- Bloomberg•13 days ago
Growth at Malone's U.K. Cable Business Is Coming at a Price
Liberty Global, which has been focused on boosting income per subscriber, saw average revenue per user in the U.K. and Ireland fell 0.3 percent to 51.36 pounds ($67) in the first quarter, hit by a step-up in promotional pricing and the timing of some pay-per-view events. Asset sales in Germany and eastern Europe are set to make Liberty Global -- the U.S.-listed vehicle for cable baron Malone’s European assets -- more reliant on Britain, where it is rolling out a fiber broadband network to rival former monopoly BT and investing in content to attract new customers. Discounting at Liberty Global’s U.K. unit Virgin Media might have been needed to maintain momentum in adding users, New Street Research analyst James Ratzer wrote in a note to clients.
- Reuters•13 days ago
EU has set July 9 deadline for decision on Vodafone purchase of Liberty assets
The European Commission has set a July 9 deadline for deciding whether to approve Vodafone's proposed purchase of Liberty Global's cable business in Germany and eastern Europe. The Commission, which oversees ...
Reuters•13 days agoVodafone steps up fight for Liberty deal with German access offer
LONDON/FRANKFURT (Reuters) - Vodafone stepped up its battle to gain regulatory approval for its Liberty Global deal on Tuesday by offering rival Telefonica Deutschland access to its enlarged high-speed broadband network. The world's No.2 mobile operator agreed a year ago to pay $22 billion for Liberty's cable networks in Germany and central Europe, seeking increased fixed-line heft to better compete with German market leader Deutsche Telekom. Seeking to increase competition in the German market and defuse criticism of the deal, Vodafone on Tuesday said that Telefonica Deutschland would be able to offer super-fast services over Vodafone and Liberty's Unitymedia cable networks in Germany if the deal is approved.
- Reuters•13 days ago
Sales decline slows at Liberty Global's Swiss arm UPC
UPC, the Swiss arm of telecoms company Liberty Global and target of a 6.3 billion Swiss franc (4.7 billion pounds) takeover bid by Sunrise Communications, reported a narrower 3.7 percent fall in revenue in the first quarter on Tuesday. "The development of the first quarter of 2019 confirms that the trend is heading in the right direction, that investments are paying off and that the measures are beginning to take effect," UPC CEO Severina Pascu said. Investors are watching UPC's performance to see whether the Sunrise bid, to be funded by a rights issue, is properly valued.
Reuters•13 days agoDeutsche Telekom says Vodafone-Telefonica deal bad news for German broadband
Vodafone's deal to open up its German broadband network marks a transparent attempt to save its $22 billion (16.8 billion pounds) deal to acquire European assets from Liberty Global, Deutsche Telekom said on Tuesday, slamming the move. Vodafone said earlier it would give Telefonica Deutschland wholesale access to its high-speed network to try to win approval from European Union competition regulators for the Liberty deal.
- Reuters•13 days ago
Liberty Global's Swiss arm UPC reports smaller sales slide
UPC, the Swiss arm of telecoms company Liberty Global and target of a $6.3 billion takeover bid by Sunrise Communications, reported a narrower 3.7 percent fall in revenue in the first quarter on Tuesday. "The development of the first quarter of 2019 confirms that the trend is heading in the right direction, that investments are paying off and that the measures are beginning to take effect," UPC CEO Severina Pascu said. Investors are watching UPC's performance to see whether the Sunrise bid, to be funded by a rights issue, is properly valued.
- Financial Times•13 days ago
Vodafone strikes Telefónica deal as part of Liberty Global push
Vodafone has struck a deal giving Telefónica Deutschland wholesale access to its cable network in Germany, as the UK company seeks to allay EU competition concerns over its €18.4bn purchase of Liberty Global assets. , would allow the Spanish company to offer faster internet speeds and potentially TV services in the country.
- Business Wire•14 days ago
Liberty Global Reports First Quarter 2019 Results
Vodafone and Sunrise transactions remain on track to close during the summer of 2019 and Q4 2019, respectively
- Reuters•15 days ago
Vodafone presses Germany for more help in broadband rollout - Welt am Sonntag
Vodafone wants the German government to facilitate the rollout of ultrafast fibre broadband connections to homes and businesses by investing in the "last mile" of networks, the company's Germany chief was quoted saying. Germany has been slow to expand its fibre-optic network, causing its vital export industry to fret it will lose competitiveness because slow internet speeds risks hobbling advances in computer-based manufacturing. "The last mile to the home is extraordinarily challenging," Vodafone's Germany chief Hannes Ametsreiter told the Welt am Sonntag newspaper.
Reuters•16 days agoVodafone presses Germany for more help in broadband rollout: Welt am Sonntag
Vodafone wants the German government to facilitate the rollout of ultrafast fiber broadband connections to homes and businesses by investing in the "last mile" of networks, the company's Germany chief was quoted saying. Germany has been slow to expand its fiber-optic network, causing its vital export industry to fret it will lose competitiveness because slow internet speeds risks hobbling advances in computer-based manufacturing. "The last mile to the home is extraordinarily challenging," Vodafone's Germany chief Hannes Ametsreiter told the Welt am Sonntag newspaper.
- Markit•20 days ago
See what the IHS Markit Score report has to say about Liberty Global PLC.
Liberty Global PLC NASDAQ/NGS:LBTYKView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for LBTYK with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LBTYK. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding LBTYK totaled $5.42 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Reuters•26 days ago
Freenet sees room to improve on Swiss Sunrise-UPC deal - CFO
German telecoms group Freenet sees room to improve the terms of a deal for Sunrise Communications, in which it is the largest shareholder, to buy Liberty Global's Swiss UPC cable business, CFO Ingo Arnold said. Freenet, which owns 24.5 percent of Sunrise, earlier this month blocked the Swiss company's plans to raise fresh capital that would have helped finance a cash bid to buy UPC in a deal worth $6.3 billion. The deal has not fallen through, however, and Freenet said it would observe how UPC performs to see whether its valuation is justified in the run-up to a Sunrise shareholder meeting expected this autumn where a simple majority would be needed to agree the capital hike.
- Reuters•27 days ago
PRESS DIGEST- Financial Times - April 24
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Liberty Global promotes Lutz Schueler to run Virgin Media ...
- Business Wire•27 days ago
Liberty Global Appoints Lutz Schüler as Virgin Media CEO
Liberty Global, the world’s largest international TV and broadband provider, today announced the appointment of Lutz Schüler as CEO of Virgin Media, the company’s operations in the UK and Ireland, effective June 11, 2019. Schüler joined Virgin Media as Chief Operating Officer in September 2018, after eight years running Liberty Global’s operations in Germany.
- Business Wire•27 days ago
Liberty Global Announces Prime Video Partnership with Amazon
Virgin Media to Be the First Liberty Global Operating Company to Launch the Amazon Prime Video App on Its TV Platform in the UK
- GuruFocus.com•last month
Wally Weitz's 1st Quarter Partners III Opportunity Fund Commentary
The Partners III Opportunity Fund's Institutional Class returned +19.48% in the first calendar quarter compared to +13.65% for the S&P 500 and +14.04% for the Russell 3000. For the fiscal year ended March 31, the Partners III Opportunity Fund's Institutional Class returned +11.25% compared to +9.50% for the S&P 500 and +8.77% for the Russell 3000. Warning! GuruFocus has detected 5 Warning Sign with INS.