– Revenue increased by $6.5 million, or 1.1%, to reach $578.5 million; – Results for fiscal 2017 achieved or surpassed financial guidance for the year; and – A quarterly eligible dividend of $0.39 per share was declared, an increase of 14.7% compared to the fourth quarter of fiscal 2017.
MONTREAL, QUEBEC — (Marketwired) — 07/31/17 — Cogeco Inc. (the "Corporation" or "Cogeco") (TSX: CGO) announces that the Toronto Stock Exchange (the "TSX") has accepted its notice of intention for a normal course issuer bid in respect of its Subordinate Voting Shares (the "Subordinate Shares"). Purchases pursuant to the notice will not commence prior to August 2, 2017, the date following the date upon which the Corporation–s current normal course issu
– Revenue increased by $25.6 million, or 4.5%, to reach $599.7 million; – Adjusted EBITDA(1) increased by $11.7 million, or 4.6%, to reach $264.8 million; – Free cash flow(1) reached $109.6 million, an increase of $17.7 million, or 19.3%; – Cogeco Communications– subsidiary, Atlantic Broadband, announced the acquisition of all MetroCast cable systems; and – A quarterly eligible dividend of $0.34 per share was declared, an increase of 15.3%, compared to the same period of fiscal 2016.
– Revenue increased by $8.0 million, or 1.4%, to reach $586.4 million; – Adjusted EBITDA(1) increased by $5.9 million, or 2.3%, to reach $258.0 million; – Free cash flow(1) amounted to $119.5 million, an increase of $42.3 million; and – A quarterly eligible dividend of $0.34 per share was declared.
MONTREAL, QUEBEC — (Marketwired) — 01/13/17 — Cogeco Inc. ("Cogeco") (TSX: CGO) is pleased to announce that each of the nominees as directors for Cogeco listed in the Corporation–s information circular dated November 18, 2016 was elected as director of Cogeco during its annual shareholders– meeting held on January 12, 2017 in Montreal, Quebec (the "Meeting").Detailed voting results on the election of directors are as follows:Results on all matters voted at the Meeting
– Adjusted EBITDA(1) increased by $6.1 million, or 2.4%, to reach $261.3 million; – Free cash flow(1) increased by $68.4 million to reach $109.3 million; and – A quarterly eligible dividend of $0.34 per share was declared, an increase of 15.3% compared to the same period of fiscal 2016.
– Revenue increased by $18.0 million, or 3.2%, to reach $572.0 million; – Adjusted EBITDA(1) increased by $13.8 million, or 5.6%, to reach $258.3 million; – Free cash flow(1) increased by $14.9 million compared to the fourth quarter of fiscal 2015, or 20.3%, to reach $88.0 million; and – A quarterly eligible dividend of $0.34 per share was declared, an increase of 15.3% compared to the same period of fiscal 2015.
MONTREAL, QUEBEC — (Marketwired) — 07/28/16 — Cogeco Inc. (the "Corporation" or "Cogeco") (TSX: CGO) announces that the Toronto Stock Exchange (the "TSX") has accepted its notice of intention for a normal course issuer bid in respect of its Subordinate Voting Shares (the "Subordinate Shares"). Purchases pursuant to the notice will not commence prior to August 2, 2016 and will not continue beyond August 1st, 2017.The notice will enable Cogeco to acquir
– Revenue increased by $16.2 million, or 2.9%, to reach $574.0 million; – Adjusted EBITDA(1) increased by $6.2 million, or 2.5%, to reach $253.2 million compared to $247.0 million for the third quarter of fiscal 2015; – Free cash flow(1) reached $91.9 million, an increase of $14.0 million, or 18.0%; – A quarterly eligible dividend of $0.295 per share was declared, an increase of 15.7% compared to the same period of fiscal 2015; and – Cogeco Communications recorded a non-cash impairment of goodwi
– Revenue increased by $41.5 million, or 7.7%, to reach $578.5 million; – Adjusted EBITDA(1) increased by $23.1 million, or 10.1%, to reach $252.1 million compared to $229.1 million for the second quarter of fiscal 2015; and – A quarterly dividend of $0.295 per share was declared, an increase of 15.7% compared to the same period in fiscal 2015.