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Mixed financial results for Liberty Global

FLOW's parent company, Liberty Global Plc., has reported mixed financial results in the fourth quarter of 2016.

While the company reported a profit, revenue was down.
   
Net income in the fourth quarter was US$2.23 billion, compared with a net loss of US$284 million.
Quarterly total revenue of  $4.2 billion was down 1.7 per cent year-over-year.
   
However, Liberty Global is expecting the takeover of  Cable & Wireless to drive growth in the future.


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