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General

Bell Canada reiterates FY guidance after solid Q3, record mobile additions

Thursday 31 October 2019 | 15:46 CET | News
Operating revenues for Q3 went up 1.8 percent year-on-year to CAD 5.984 billion, with the adjusted EBITDA rising 5.6 percent to CAD 2.594 billion, net profit attributable to shareholders going 6.5 percent higher to USD 867 million and earnings per share advancing 6.7 percent to CAD 0.96. Adjusted EPS provided the only sour note, down 5.2 percent to CAD 0.91. Cash flow from operating activities lifted 10.5 percent to CAD 2.258 billion while free cash flow increased 17.3 percent to CAD 1.189 billion. Capex meanwhile was virtually unchanged at CAD 1.013 billion, from 1.010 billion the year

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Categories: General
Companies: BCE / Bell Canada
Countries: Canada
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