Liberty Global plc (NASDAQ:LBTYA) Q2 2022 Results Earnings Conference Call July 29, 2022 9:30 AM ET
Company Participants
Mike Fries - Chief Executive Officer
Charlie Bracken - EVP, Chief Financial Officer
Lutz Schüler - CEO, Virgin Media
Conference Call Participants
Stephen Malcolm - Redburn
Luis Sanchez-Lecaroz - Credit Suisse
James Ratcliffe - Evercore ISI
Samuel McHugh - BNP Paribas Exane
Robert Grindle - Deutsche Bank
David Wright - BofA Securities
Polo Tang - UBS
James Ratzer - New Street Research
Ulrich Rathe - Jefferies
Operator
Good morning, ladies and gentlemen. Thank you for standing by and welcome to Liberty Global's Second Quarter 2022 Investor Call. This call and the associated webcast are the property of Liberty Global, and any redistribution, retransmission or rebroadcast of this call or webcast in any form without the express written consent of Liberty Global is strictly prohibited. At this time all participants are in a listen-only mode.
Today's formal presentation materials can be found under the Investor Relations section of Liberty Global's website at libertyglobal.com. After today's formal presentation, instructions will be given for a question-and-answer session. Page 2 of the slides details the company's safe harbor statement regarding forward-looking statements.
Today's presentation may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the company's expectations with respect to its outlook and future growth prospects and other information and statements that are not historical facts. These forward-looking statements involve certain risks that could cause actual results to differ materially from those expressed or implied by these statements.
These risks include those detailed in Liberty Global's filings with the Securities and Exchange Commission, including its most recently filed Forms 10-Q and 10-K as amended. Liberty Global disclaims any obligation to update any of these forward-looking statements to reflect any change in its expectations or in the conditions on which any such statement is based.
I would now like to turn the call over to Mr. Mike Fries. Please go ahead.
Mike Fries
All right. Hello, everyone. Thanks for joining us on our second quarter results call. We've got a lot of ground to cover today, so we're going to jump right into it. And Charlie and I will handle the prepared remarks using the presentation we posted and hopefully, you've got in front of you, and then we'll get to your questions.
I'm starting on Slide 3 as I usually do with five key headlines from the quarter. First of all, it goes without saying that these are challenging times for all of us. Every market is grappling with inflation, higher energy costs, supply chain issues and concerns about recession. Obviously, we're not immune to these macro conditions as such. And to be clear, we are experiencing some headwinds across our business, principally in energy costs and some emerging signs that consumers are growing fatigued and more price conscious.