- New operating model focused on customer experience and operational excellence to power future growth.
- Expanded our customer value proposition with Breezeline Mobile launched across most of
Breezeline's U.S. broadband footprint. - Revenue increased by 1.3% compared to the same period last year to
$777.2 million , reflecting revenue growth atCogeco Connexion and stable revenue atBreezeline , in line with expectations. - Adjusted EBITDA(1) of
$369.8 million increased by 4.0% over last year. - Profit for the period amounted to
$75 .3 million, an increase of$42.0 million , of which$19.0 million was attributable to owners of the Corporation. - Earnings per share on a diluted basis rose to
$1.97 from a loss of$2.22 in the third quarter of fiscal 2023, while adjusted diluted earnings per share(1)(3) rose by 24.3% to$3.02 , which excludes the impact of last year's pre-tax non-cash impairment charges, restructuring and certain other costs. - Free cash flow(1) amounted to
$89.3 million , a decrease of 16.9% compared to last year reflecting restructuring costs recognized during the quarter, while cash flow from operating activities increased by 18.3% to$335 .1 million due to the timing of certain working capital items. Free cash flow, excluding network expansion projects(1) decreased by 18.3% to$113 .7 million. - Cogeco maintains its fiscal 2024 financial guidelines.
- A quarterly dividend of
$0.854 per share was declared, representing a 16.8% increase over the prior year.
"We demonstrated solid performance again in the third quarter of 2024, with revenue growth and healthy expansion of our adjusted EBITDA margin due to an improving product mix, combined with an acceleration of our efforts to drive operational efficiency," said
"Growth in our Canadian telecommunications business was driven by the ongoing expansion of our Internet subscriber base under our
"In the
"At
"Lastly, the new operating model and transformation we began during the quarter will allow us to sustain our growth, take our competitive agility to new heights, better serve our customers, and continue to build a strong culture where our colleagues thrive and succeed. We expect it to result in significant value creation for Cogeco over the coming years as the benefits of the transformation are realized."
Consolidated Financial Highlights
Three months ended | 2024 | 2023 | Change | Change in constant | (1) | ||
(In thousands of Canadian dollars, except % and per share data) (unaudited) | $ | $ | % | % | |||
Revenue | 777,249 | 767,603 | 1.3 | 1.0 | |||
Adjusted EBITDA (1) | 369,786 | 355,459 | 4.0 | 3.8 | |||
Profit for the period | 75,285 | 33,314 | — | ||||
Profit (loss) for the period attributable to owners of the Corporation | 18,960 | (34,473) | — | ||||
Adjusted profit attributable to owners of the Corporation (1)(3) | 29,102 | 37,921 | (23.3) | ||||
Cash flows from operating activities | 335,126 | 283,180 | 18.3 | ||||
Free cash flow (1) | 89,276 | 107,379 | (16.9) | (16.8) | |||
Free cash flow, excluding network expansion projects (1) | 113,709 | 139,210 | (18.3) | (18.3) | |||
Acquisition of property, plant and equipment | 172,404 | 190,121 | (9.3) | ||||
Net capital expenditures (1)(2) | 169,754 | 170,258 | (0.3) | (0.7) | |||
Net capital expenditures, excluding network expansion projects (1) | 145,321 | 138,427 | 5.0 | 4.6 | |||
Diluted earnings (loss) per share | 1.97 | (2.22) | — | ||||
Adjusted diluted earnings per share (1)(3) | 3.02 | 2.43 | 24.3 | ||||
Operating results
For the third quarter of fiscal 2024 ended on
- Revenue increased by 1.3% to
$777.2 million . On a constant currency basis(1), revenue increased by 1.0% driven by revenue growth in the Canadian telecommunications segment, while revenue remained stable in the American telecommunications segment, as explained below.- Canadian telecommunications' revenue increased by 2.2%, mostly driven by the cumulative effect of high-speed Internet service additions over the past year as well as the Niagara Regional Broadband Network acquisition ("NRBN") completed on
February 5, 2024 . - American telecommunications' revenue remained stable as reported and in constant currency, mainly resulting from a higher revenue per subscriber and a better product mix resulting from customers subscribing to increasingly fast Internet speeds, offset by lower video subscriptions and a lower Internet subscriber base over the past year, with an increasing proportion of customers only subscribing to Internet services.
- Revenue in the media activities increased by 3.3%.
- Canadian telecommunications' revenue increased by 2.2%, mostly driven by the cumulative effect of high-speed Internet service additions over the past year as well as the Niagara Regional Broadband Network acquisition ("NRBN") completed on
- Adjusted EBITDA increased by 4.0% to
$369.8 million . On a constant currency basis, adjusted EBITDA increased by 3.8%, mainly due to higher adjusted EBITDA in both the American and Canadian telecommunications segments, as explained below, and lower corporate costs primarily due to the timing of certain operating expenses.- American telecommunications adjusted EBITDA increased by 4.5%, or 3.9% in constant currency, mostly due to lower operating expenses driven by cost reduction initiatives and operating efficiencies.
- Canadian telecommunications adjusted EBITDA increased by 2.9%, mainly due to revenue growth, partly offset by higher sales and other operating expenses to drive subscriber growth.
- Profit for the period amounted to
$75.3 million , of which$19.0 million , or$1.97 per diluted share, was attributable to owners of the Corporation compared to a profit of$33.3 million , and a loss of$34.5 million , or$2.22 per diluted share, respectively, in the comparable period of fiscal 2023. The increases in profit for the period and profit attributable to owners of the Corporation resulted mainly from last year's non-cash impairment charges of$88 million related to the radio operations and higher adjusted EBITDA, partly offset by higher restructuring costs, depreciation and amortization expense and income tax expense.- Adjusted profit attributable to owners of the Corporation(3) was
$29.1 million , or$3.02 per diluted share(3), compared to$37.9 million , or$2.43 per diluted share, last year. The increase of adjusted diluted earnings per share over last year reflects the benefit of the Corporation's repurchase and cancellation of shares.
- Adjusted profit attributable to owners of the Corporation(3) was
- Net capital expenditures were
$169 .8 million, a decrease of 0.3% compared to$170.3 million in the same period of the prior year. In constant currency, net capital expenditures(1) were$169 .1 million, a decrease of 0.7% compared to last year, mainly due to lower spending in the American telecommunications segment as expected due to the timing of network expansion projects, partly offset by higher purchases of customer premise equipment and other capital spending related to fibre-to-the-home network expansions in the Canadian telecommunications segment.- Excluding network expansion projects, net capital expenditures were
$145.3 million , an increase of 5.0% compared to$138.4 million in the same period of the prior year. In constant currency, net capital expenditures, excluding network expansion projects(1) were$144 .8 million, an increase of 4.6% compared to last year. - Fibre-to-the-home network expansion projects continued in both
Canada andthe United States , with homes passed additions close to 44,000(4) during the first nine months of fiscal 2024.
- Excluding network expansion projects, net capital expenditures were
- Acquisition of property, plant and equipment decreased by 9.3% to
$172.4 million , mainly resulting from lower spending. - Free cash flow decreased by 16.9%, or 16.8% in constant currency, and amounted to
$89.3 million as reported and in constant currency, mainly due to higher restructuring costs. Free cash flow, excluding network expansion projects decreased by 18.3% as reported and in constant currency, and amounted to$113.7 million . - Cash flows from operating activities increased by 18.3% to
$335.1 million , mostly due to the timing of payments of trade and other payables and the collection of trade accounts receivable, lower income taxes paid and higher adjusted EBITDA. - Cogeco maintains its fiscal 2024 financial guidelines as issued on
November 1, 2023 . - At its
July 11, 2024 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of$0.854 per share, an increase of 16.8% compared to$0.731 per share in the comparable quarter of fiscal 2023.
___________________________________________________________________________________________________________________________
(1) | Adjusted EBITDA and net capital expenditures are total of segments measures. Constant currency basis, adjusted profit attributable to owners of the Corporation, net capital expenditures, excluding network expansion projects, free cash flow and free cash flow, excluding network expansion projects are non-IFRS financial measures. Change in constant currency and adjusted diluted earnings per share are non-IFRS ratios. These indicated terms do not have standardized definitions prescribed by International Financial Reporting Standards ("IFRS") and, therefore, may not be comparable to similar measures presented by other companies. For more information on these financial measures, please consult the "Non-IFRS and other financial measures" section of this press release. |
(2) | Net capital expenditures exclude non-cash acquisitions of right-of-use assets and the purchases, and related borrowing costs, of spectrum licences, and are presented net of government subsidies, including the utilization of those received in advance. |
(3) | Excludes the impact of non-cash impairment charges and acquisition, integration, restructuring and other costs, net of tax and non-controlling interest. |
(4) | Organic growth calculated by excluding additions resulting from acquisitions. |
Financial highlights
Three and nine months ended | 2024 | 2023 | Change | Change in constant | (1) (2) | 2024 | 2023 | Change | Change in constant | (1) (2) |
(In thousands of Canadian dollars, | $ | $ | % | % | $ | $ | % | % | ||
Operations | ||||||||||
Revenue | 777,249 | 767,603 | 1.3 | 1.0 | 2,305,329 | 2,314,484 | (0.4) | (0.6) | ||
Adjusted EBITDA (2) | 369,786 | 355,459 | 4.0 | 3.8 | 1,083,601 | 1,081,004 | 0.2 | — | ||
Acquisition, integration, restructuring | 46,634 | 11,377 | — | 51,121 | 21,006 | — | ||||
Impairment of goodwill and | — | 88,000 | — | — | 88,000 | — | ||||
Profit for the period | 75,285 | 33,314 | — | 267,944 | 259,714 | 3.2 | ||||
Profit (loss) for the period | 18,960 | (34,473) | — | 77,498 | 41,396 | 87.2 | ||||
Adjusted profit attributable to | 29,102 | 37,921 | (23.3) | 93,486 | 116,292 | (19.6) | ||||
Cash flow | ||||||||||
Cash flows from operating activities | 335,126 | 283,180 | 18.3 | 858,427 | 683,844 | 25.5 | ||||
Free cash flow (2) | 89,276 | 107,379 | (16.9) | (16.8) | 329,923 | 335,193 | (1.6) | (1.7) | ||
Free cash flow, excluding network | 113,709 | 139,210 | (18.3) | (18.3) | 410,406 | 475,100 | (13.6) | (13.8) | ||
Acquisition of property, plant and | 172,404 | 190,121 | (9.3) | 507,427 | 598,803 | (15.3) | ||||
Net capital expenditures (2)(5) | 169,754 | 170,258 | (0.3) | (0.7) | 488,177 | 524,432 | (6.9) | (7.1) | ||
Net capital expenditures, excluding | 145,321 | 138,427 | 5.0 | 4.6 | 407,694 | 384,525 | 6.0 | 5.8 | ||
Per share data (6) | ||||||||||
Earnings (loss) per share | ||||||||||
Basic | 1.99 | (2.22) | — | 6.58 | 2.65 | — | ||||
Diluted | 1.97 | (2.22) | — | 6.52 | 2.64 | — | ||||
Adjusted diluted (2)(4) | 3.02 | 2.43 | 24.3 | 7.87 | 7.41 | 6.2 | ||||
Dividends per share | 0.854 | 0.731 | 16.8 | 2.562 | 2.193 | 16.8 | ||||
(1) | Key performance indicators presented on a constant currency basis are obtained by translating financial results from the current period denominated in US dollars at the foreign exchange rate of the comparable period of the prior year. For the three and nine-month periods ended |
(2) | Adjusted EBITDA and net capital expenditures are total of segments measures. Adjusted profit attributable to owners of the Corporation, free cash flow, free cash flow, excluding network expansion projects and net capital expenditures, excluding network expansion projects are non-IFRS financial measures. Change in constant currency and adjusted diluted earnings per share are non-IFRS ratios. These indicated terms do not have standardized definitions prescribed by IFRS and, therefore, may not be comparable to similar measures presented by other companies. For more information on these financial measures, please consult the "Non-IFRS and other financial measures" section of this press release. |
(3) | For the three and nine-month periods ended |
(4) | Excludes the impact of non-cash impairment charges, acquisition, integration, restructuring and other costs, and gains/losses on debt modification and/or extinguishment, net of tax and non-controlling interest. |
(5) | Net capital expenditures exclude non-cash acquisitions of right-of-use assets and the purchases, and related borrowing costs, of spectrum licences, and are presented net of government subsidies, including the utilization of those received in advance. |
(6) | Per multiple and subordinate voting share. |
As at | ||
(In thousands of Canadian dollars) | $ | $ |
Financial condition | ||
Cash and cash equivalents | 55,135 | 363,854 |
Total assets | 9,878,343 | 9,869,778 |
Long-term debt | ||
Current | 79,403 | 43,325 |
Non-current | 5,026,116 | 5,045,672 |
Net indebtedness (1) | 5,127,971 | 4,817,113 |
Equity attributable to owners of the Corporation | 811,526 | 925,863 |
(1) | Net indebtedness is a capital management measure. For more information on this financial measure, please consult the "Non-IFRS and other financial measures" section of the Corporation's MD&A for the three and nine-month periods ended |
Forward-looking statements
Certain statements contained in this press release may constitute forward-looking information within the meaning of securities laws. Forward-looking information may relate to
All amounts are stated in Canadian dollars unless otherwise indicated. This press release should be read in conjunction with the Corporation's MD&A for the three and nine-month periods ended
Non-IFRS and other financial measures
This press release includes references to non-IFRS and other financial measures used by Cogeco. These financial measures are reviewed in assessing the performance of Cogeco and used in the decision-making process with regard to its business units.
Reconciliations between non-IFRS and other financial measures to the most directly comparable IFRS financial measures are provided below. Certain additional disclosures for non-IFRS and other financial measures used in this press release have been incorporated by reference and can be found in the "Non-IFRS and other financial measures" section of the Corporation's MD&A for the three and nine-month periods ended
Specified non-IFRS financial measures | Used in the component of the following non-IFRS ratios |
Adjusted profit attributable to owners of the Corporation | Adjusted diluted earnings per share |
Constant currency basis | Change in constant currency |
Financial measures presented on a constant currency basis for the three and nine-month periods ended
Constant currency basis and foreign exchange impact reconciliation
Consolidated
Three months ended | 2024 | 2023 | Change | |||||||
(In thousands of Canadian dollars, except | Actual | Foreign | In constant | Actual | Actual | In constant | ||||
$ | $ | $ | $ | % | % | |||||
Revenue | 777,249 | (1,802) | 775,447 | 767,603 | 1.3 | 1.0 | ||||
Operating expenses | 407,463 | (934) | 406,529 | 412,144 | (1.1) | (1.4) | ||||
Adjusted EBITDA | 369,786 | (868) | 368,918 | 355,459 | 4.0 | 3.8 | ||||
Free cash flow | 89,276 | 50 | 89,326 | 107,379 | (16.9) | (16.8) | ||||
Net capital expenditures | 169,754 | (622) | 169,132 | 170,258 | (0.3) | (0.7) | ||||
Nine months ended | 2024 | 2023 | Change | |||||||
(In thousands of Canadian dollars, except | Actual | Foreign | In constant | Actual | Actual | In constant | ||||
$ | $ | $ | $ | % | % | |||||
Revenue | 2,305,329 | (5,293) | 2,300,036 | 2,314,484 | (0.4) | (0.6) | ||||
Operating expenses | 1,221,728 | (2,887) | 1,218,841 | 1,233,480 | (1.0) | (1.2) | ||||
Adjusted EBITDA | 1,083,601 | (2,406) | 1,081,195 | 1,081,004 | 0.2 | — | ||||
Free cash flow | 329,923 | (470) | 329,453 | 335,193 | (1.6) | (1.7) | ||||
Net capital expenditures | 488,177 | (1,086) | 487,091 | 524,432 | (6.9) | (7.1) | ||||
Canadian telecommunications segment
Three months ended | 2024 | 2023 | Change | |||||||
(In thousands of Canadian dollars, except | Actual | Foreign | In constant | Actual | Actual | In constant | ||||
$ | $ | $ | $ | % | % | |||||
Revenue | 381,877 | — | 381,877 | 373,743 | 2.2 | 2.2 | ||||
Operating expenses | 180,204 | (31) | 180,173 | 177,794 | 1.4 | 1.3 | ||||
Adjusted EBITDA | 201,673 | 31 | 201,704 | 195,949 | 2.9 | 2.9 | ||||
Net capital expenditures | 91,093 | (258) | 90,835 | 84,415 | 7.9 | 7.6 | ||||
Nine months ended | 2024 | 2023 | Change | |||||||
(In thousands of Canadian dollars, except | Actual | Foreign | In constant | Actual | Actual | In constant | ||||
$ | $ | $ | $ | % | % | |||||
Revenue | 1,131,804 | — | 1,131,804 | 1,114,161 | 1.6 | 1.6 | ||||
Operating expenses | 535,018 | (159) | 534,859 | 521,534 | 2.6 | 2.6 | ||||
Adjusted EBITDA | 596,786 | 159 | 596,945 | 592,627 | 0.7 | 0.7 | ||||
Net capital expenditures | 285,274 | (218) | 285,056 | 281,036 | 1.5 | 1.4 | ||||
American telecommunications segment
Three months ended | 2024 | 2023 | Change | |||||||
(In thousands of Canadian dollars, except | Actual | Foreign | In constant | Actual | Actual | In constant | ||||
$ | $ | $ | $ | % | % | |||||
Revenue | 368,706 | (1,802) | 366,904 | 368,042 | 0.2 | (0.3) | ||||
Operating expenses | 190,327 | (887) | 189,440 | 197,273 | (3.5) | (4.0) | ||||
Adjusted EBITDA | 178,379 | (915) | 177,464 | 170,769 | 4.5 | 3.9 | ||||
Net capital expenditures | 72,782 | (349) | 72,433 | 82,923 | (12.2) | (12.7) | ||||
Nine months ended | 2024 | 2023 | Change | |||||||
(In thousands of Canadian dollars, except | Actual | Foreign | In constant | Actual | Actual | In constant | ||||
$ | $ | $ | $ | % | % | |||||
Revenue | 1,096,969 | (5,293) | 1,091,676 | 1,126,570 | (2.6) | (3.1) | ||||
Operating expenses | 574,070 | (2,716) | 571,354 | 607,237 | (5.5) | (5.9) | ||||
Adjusted EBITDA | 522,899 | (2,577) | 520,322 | 519,333 | 0.7 | 0.2 | ||||
Net capital expenditures | 191,490 | (854) | 190,636 | 236,422 | (19.0) | (19.4) | ||||
Adjusted profit attributable to owners of the Corporation
Three months ended | Nine months ended | |||
2024 | 2023 | 2024 | 2023 | |
(In thousands of Canadian dollars) | $ | $ | $ | $ |
Profit (loss) for the period attributable to owners of the Corporation | 18,960 | (34,473) | 77,498 | 41,396 |
Impairment of goodwill and intangible assets | — | 88,000 | — | 88,000 |
Acquisition, integration, restructuring and other costs | 46,634 | 11,377 | 51,121 | 21,006 |
Loss on debt extinguishment (1) | — | — | 16,880 | — |
Tax impact for the above items | (12,337) | (21,386) | (17,978) | (23,938) |
Non-controlling interest impact for the above items | (24,155) | (5,597) | (34,035) | (10,172) |
Adjusted profit attributable to owners of the Corporation | 29,102 | 37,921 | 93,486 | 116,292 |
(1) Included within financial expense. |
Free cash flow reconciliation
Three months ended | Nine months ended | |||
2024 | 2023 | 2024 | 2023 | |
(In thousands of Canadian dollars) | $ | $ | $ | $ |
Cash flows from operating activities | 335,126 | 283,180 | 858,427 | 683,844 |
Changes in other non-cash operating activities | (73,787) | (20,729) | (14,195) | 115,392 |
Income taxes paid (received) | 3,502 | 19,166 | (1,234) | 89,778 |
Current income taxes | (3,390) | (5,828) | (20,313) | (26,450) |
Interest paid | 65,253 | 64,507 | 201,133 | 176,777 |
Financial expense | (67,109) | (64,300) | (222,211) | (183,812) |
Loss on debt extinguishment (1) | — | — | 16,880 | — |
Amortization of deferred transaction costs and discounts on long-term debt (1) | 2,329 | 3,353 | 7,079 | 9,460 |
Net capital expenditures (2) | (169,754) | (170,258) | (488,177) | (524,432) |
Repayment of lease liabilities | (2,894) | (1,712) | (7,466) | (5,364) |
Free cash flow | 89,276 | 107,379 | 329,923 | 335,193 |
(1) | Included within financial expense. |
(2) | Net capital expenditures exclude non-cash acquisitions of right-of-use assets and the purchases, and related borrowing costs, of spectrum licences, and are presented net of government subsidies, including the utilization of those received in advance. |
Net capital expenditures reconciliation
Three months ended | Nine months ended | |||
2024 | 2023 | 2024 | 2023 | |
(In thousands of Canadian dollars) | $ | $ | $ | $ |
Acquisition of property, plant and equipment | 172,404 | 190,121 | 507,427 | 598,803 |
Subsidies received in advance recognized as a reduction of the cost of | (2,650) | (19,863) | (19,250) | (74,371) |
Net capital expenditures | 169,754 | 170,258 | 488,177 | 524,432 |
Adjusted EBITDA reconciliation
Three months ended | Nine months ended | |||
2024 | 2023 | 2024 | 2023 | |
(In thousands of Canadian dollars) | $ | $ | $ | $ |
Profit for the period | 75,285 | 33,314 | 267,944 | 259,714 |
Income taxes | 11,172 | 2,271 | 47,546 | 60,552 |
Financial expense | 67,109 | 64,300 | 222,211 | 183,812 |
Impairment of goodwill and intangible assets | — | 88,000 | — | 88,000 |
Depreciation and amortization | 169,586 | 156,197 | 494,779 | 467,920 |
Acquisition, integration, restructuring and other costs | 46,634 | 11,377 | 51,121 | 21,006 |
Adjusted EBITDA | 369,786 | 355,459 | 1,083,601 | 1,081,004 |
Net capital expenditures and free cash flow excluding network expansion projects reconciliations
Net capital expenditures
Three months ended | 2024 | 2023 | Change | |||||||
(In thousands of Canadian dollars, except | Actual | Foreign | In constant | Actual | Actual | In constant | ||||
$ | $ | $ | $ | % | % | |||||
Net capital expenditures | 169,754 | (622) | 169,132 | 170,258 | (0.3) | (0.7) | ||||
Net capital expenditures in connection with | 24,433 | (53) | 24,380 | 31,831 | (23.2) | (23.4) | ||||
Net capital expenditures, excluding network | 145,321 | (569) | 144,752 | 138,427 | 5.0 | 4.6 | ||||
Nine months ended | 2024 | 2023 | Change | |||||||
(In thousands of Canadian dollars, except | Actual | Foreign | In constant | Actual | Actual | In constant | ||||
$ | $ | $ | $ | % | % | |||||
Net capital expenditures | 488,177 | (1,086) | 487,091 | 524,432 | (6.9) | (7.1) | ||||
Net capital expenditures in connection with | 80,483 | (204) | 80,279 | 139,907 | (42.5) | (42.6) | ||||
Net capital expenditures, excluding network | 407,694 | (882) | 406,812 | 384,525 | 6.0 | 5.8 | ||||
Free cash flow
Three months ended | 2024 | 2023 | Change | |||||||
(In thousands of Canadian dollars, except | Actual | Foreign | In constant | Actual | Actual | In constant | ||||
$ | $ | $ | $ | % | % | |||||
Free cash flow | 89,276 | 50 | 89,326 | 107,379 | (16.9) | (16.8) | ||||
Net capital expenditures in connection with | 24,433 | (53) | 24,380 | 31,831 | (23.2) | (23.4) | ||||
Free cash flow, excluding network expansion | 113,709 | (3) | 113,706 | 139,210 | (18.3) | (18.3) | ||||
Nine months ended | 2024 | 2023 | Change | |||||||
(In thousands of Canadian dollars, except | Actual | Foreign | In constant | Actual | Actual | In constant | ||||
$ | $ | $ | $ | % | % | |||||
Free cash flow | 329,923 | (470) | 329,453 | 335,193 | (1.6) | (1.7) | ||||
Net capital expenditures in connection with | 80,483 | (204) | 80,279 | 139,907 | (42.5) | (42.6) | ||||
Free cash flow, excluding network expansion | 410,406 | (674) | 409,732 | 475,100 | (13.6) | (13.8) | ||||
Additional information
Additional information relating to the Corporation is available on SEDAR+ at www.sedarplus.ca and on the Corporation's website at corpo.cogeco.com.
About
Rooted in the communities it serves,
For information:
Investors
Head, Investor Relations
Tel.: 514 764-4600
troy.crandall@cogeco.com
Media
Youann Blouin
Director,
Tel.: 514 297-2853
youann.blouin@cogeco.com
Conference Call: | Friday, July 12th, 2024 at | |
A live audio of the analyst conference call will be available on both the Investor Relations and the Events and Presentations pages on Cogeco's website. Financial analysts will be able to access the live conference call and ask questions. Media representatives may attend as listeners only. A recording of the conference call will be available on Cogeco's website for a three-month period. | ||
Please use the following dial-in number to access the conference call 10 minutes before the start of the conference: | ||
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SOURCE
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