Company: LBTYK
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001570585-25-000223
Chunk: 124

Company: Liberty Global Ltd.
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 124
---
5.3)Total consolidated reportable segments400.7 402.3 (1.6)(0.4)Plus: all other category(54.2)(38.8)(15.4)(39.7)Less: elimination of intercompany consolidated Adjusted EBITDA(10.0)(32.1)22.1 N.M.Total consolidated$336.5 $331.4 $5.1 1.5 $(19.8)(6.4)VMO2 JV$1,250.3 $1,170.9 $79.4 6.8 VodafoneZiggo JV$522.2 $527.8 $(5.6)(1.1)

60

 Nine months endedSeptember 30,Increase (decrease)Organic decrease 20252024$%$%in millions, except percentagesTelenet$998.4 $981.2 $17.2 1.8 $(11.7)(1.2)VM Ireland120.4 127.1 (6.7)(5.3)$(10.3)(8.1)Total consolidated reportable segments1,118.8 1,108.3 10.5 0.9 Plus: all other category(92.4)(94.4)2.0 2.1 Less: elimination of intercompany consolidated Adjusted EBITDA(30.0)(101.9)71.9 N.M.Total consolidated$996.4 $912.0 $84.4 9.3 $(6.2)(0.7)VMO2 JV$3,496.0 $3,376.9 $119.1 3.5 VodafoneZiggo JV$1,482.0 $1,565.5 $(83.5)(5.3)

_______________

N.M. — Not Meaningful.

Adjusted EBITDA Margin

The following table sets forth the Adjusted EBITDA margins (Adjusted EBITDA divided by revenue) of each of our reportable segments:

 Three months endedSeptember 30,Nine months endedSeptember 30, 2025202420252024Telenet44.6 %46.0 %42.2 %42.6 %VM Ireland34.2 %34.6 %33.4 %