Liberty Global plc Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 04:26 pm
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Liberty Global plc announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 3,105.5 million compared to USD 2,722.9 million a year ago. Operating income was USD 565.5 million compared to USD 526.8 million a year ago. Net income was USD 11,128.2 million compared to net loss of USD 524.2 million a year ago. For the half year, sales was USD 6,720.8 million compared to USD 5,598.7 million a year ago. Operating income was USD 1,190.8 million compared to USD 807.4 million a year ago. Net income was USD 12,513.6 million compared to USD 425.6 million a year ago.
Liberty Global Ltd. is a holding company. The Company, through its subsidiaries, is engaged in converged broadband, video and mobile communications and an active investor in infrastructure, content and technology ventures. It has investments in fiber-based and 5G networks. For business and public sector organizations, it provides a complete range of voice, advanced data, video, wireless and cloud-based services across its local broadband networks, as well as mobile and converged fixed-mobile services. It offers broadband and mobile networks under brands, such as Virgin Media-02 in the United Kingdom, VodafoneZiggo in the Netherlands, Telenet in Belgium, Sunrise in Switzerland, Virgin Media in Ireland and UPC in Slovakia. Its global investment arm, Liberty Global Ventures, has a portfolio of more than 75 companies and funds across content, technology and infrastructure, including strategic stakes in ITV, Televisa Univision, Plume, Lionsgate and the Formula E racing series.