Company: LBTYK
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001570585-25-000183
Chunk: 105

Company: Liberty Global Ltd.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 105
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 Three months endedJune 30,Six months endedJune 30,2025202420252024 in millionsProgramming and other direct costs of services:Consolidated reportable segments:Telenet$187.8 $183.4 $389.9 $382.0 VM Ireland$32.5 $27.8 $66.6 $65.2 Nonconsolidated reportable segments:VMO2 JV$1,021.3 $1,147.5 $2,012.8 $2,254.6 VodafoneZiggo JV$226.4 $208.4 $445.7 $423.4 Operating expenses:Consolidated reportable segments:Telenet$275.3 $259.8 $531.3 $515.4 VM Ireland$48.9 $46.5 $93.4 $92.1 Nonconsolidated reportable segments:VMO2 JV$1,179.9 $1,095.5 $2,241.3 $2,197.6 VodafoneZiggo JV$400.2 $364.5 $769.8 $744.5 Adjusted EBITDA Three months endedJune 30,Six months endedJune 30, 2025202420252024 in millionsTelenet$337.9 $311.9 $639.5 $620.3 VM Ireland41.4 45.7 78.6 85.7 VMO2 JV (nonconsolidated JV)1,172.3 1,132.4 2,245.7 2,206.0 VodafoneZiggo JV (nonconsolidated JV)496.7 518.7 959.8 1,037.7 Total reportable segment Adjusted EBITDA$2,048.3 $2,008.7 $3,923.6 $3,949.7 

46

LIBERTY GLOBAL LTD.Notes to Condensed Consolidated Financial Statements — (Continued)June 30, 2025(unaudited)

The following table provides a reconciliation of total reportable segment Adjusted EBITDA to earnings (loss) from continuing operations before income taxes: Three months endedJune 30,Six months