Claiming to have shown continued resilience of its business model in its fourth quarter and full year despite challenging macro conditions, Liberty Global has ended a financial year seeing overall revenues decrease, profits fall and subs dip.

For the year ended 31 December, Q4 revenue fell 4.1% year-on-year on a reported basis and increased 0.8% on a rebased basis to $1.842 billion. Loss for the quarter from continuing operations decreased 833.9% YoY to $4.684 billion with Q4 adjusted EBITDA decreasing 13.4% YoY on a reported basis and 4.4% on a rebased basis to $597.3 million. In the quarter Liberty Global saw 6,700 organic customer net losses.

Source: Virgin Media O2 shines in Liberty Global fiscal year