Cogeco Communications Inc

CCA

Equity

ISIN null / Valor 31277938

Toronto Stock Exchange (2025-11-21)

CAD 66.50+1.09%

Cogeco Communications Inc
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About company

Cogeco Communications Inc. is a prominent telecommunications company that provides a range of services, including internet, video, and wireline phone services, to approximately 1.6 million residential and business customers across Canada and the United States. In the U.S., the company operates in thirteen states and offers wireless services in most of its territories. Its services are marketed under the Cogeco and oxio brands in Canada, and under the Breezeline brand in the U.S. The company is publicly traded on the Toronto Stock Exchange under the ticker symbol CCA. With a focus on delivering reliable communication and entertainment solutions, Cogeco Communications Inc. maintains a significant presence in the communities it serves.

Summarized from source with an LLMView SourceSector: Telecommunications

Revenue Growth

Revenue increased by 1.3% year-over-year to $777.2 million, driven by growth in Cogeco Connexion and stable performance at Breezeline, aligning with company expectations.

Profit and EBITDA

Adjusted EBITDA rose by 4.0% to $369.8 million. Profit for the period surged to $75.3 million, significantly up by $42.0 million compared to the same quarter last year.

Earnings Per Share

Earnings per share on a diluted basis climbed to $1.97 from a loss of $2.22 in Q3 fiscal 2023. Adjusted diluted earnings per share increased by 24.3% to $3.02, excluding non-cash impairment charges and restructuring costs.

Cash Flow

Free cash flow amounted to $89.3 million, a decrease of 16.9% due to restructuring costs. However, cash flow from operating activities saw an 18.3% increase, reaching $335.1 million.

Dividend Declaration

The Board of Directors declared a quarterly dividend of $0.854 per share, marking a 16.8% increase from the previous year.

Strategic Initiatives

Cogeco launched Breezeline Mobile across most of its U.S. broadband footprint and implemented a new operating model focused on customer experience and operational excellence to drive future growth.

Operational Highlights

The Canadian telecommunications segment benefited from the expansion of the Internet subscriber base and the acquisition of the Niagara Regional Broadband Network. The media segment continued to show strong audio sales growth and maintained leadership in radio listenership.

Summarized from source with an LLMView Source

Key figures

-3.02%1Y

-9.10%3Y

-31.5%5Y

Performance

25.4%1Y

25.4%3Y

23.6%5Y

Volatility