Liberty Global rises after reaffirming outlook for telecom ops, report on further spinoffs
ReutersAug 1, 2025 5:51 PM
** Liberty Global's LBTYA.O shares up 4.6% at $10.48 — highest since May 1
** Co reaffirms all 2025 guidance metrics for unit Liberty Telecom operations and raises Telenet's core earnings outlook
** Q2 total revenue up 20% at $1.27 bln
** Co aims to spin off one or more of its subsidiaries in the next 12-24 months as part of an ongoing effort to restructure the business, the Financial Times reports
** Stock down about 18% so far this year, including session's gains
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