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Cogeco Communications lifts revenues 15%, dividend 10.5 percent in Q4

Thursday 1 November 2018 | 09:28 CET | News
Cogeco Communications has raised its dividend by 10.5 percent year-on-year for its fiscal fourth quarter to end August, amid higher revenues and EBITDA profit. Revenues for the quarter rose almost 15 percent to USD 633.9 million, while the adjusted EBITDA lifting 14.5 percent to USD 283.1 million. The net profit attributable to shareholders dipped lower to USD 70.5 million or USD 1.43 per share, from 71.3 million or 1.45 per share, mainly on the back of increases in depreciation and amortisation and financial costs.

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Categories: Fixed
Companies: Cogeco Communications
Countries: Canada / United States
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