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Cogeco Communications Inc. (T:CCA)

Business Focus: Broadcasting (NEC)

Sector:  Consumer Cyclicals Industry:  Broadcasting
 
Company Contact
Address: 1, Place Ville-Marie, Office 3301
MONTREAL QC H3B 3N2
Tel: N/A
Website: https://corpo.cogeco.com/cca/fr
IR: See website
Key People
Philippe Jette
President, Chief Executive Officer, Director
France De Blois
Vice President - Finance
Patrice Ouimet
Chief Financial Officer, Senior Vice President
Frederic Perron
President - Cogeco Connexion
Frank Van Der Post
President - Breezeline
Linda Gillespie
Chief Human Resource Officer, Senior Vice President
Tim Dinesen
Senior Vice President, Chief Technology Officer
Christian Jolivet
Senior Vice President - Corporate Affairs, Chief Legal Officer, Secretary
Valery Zamuner
Senior Vice President, Chief Corporate and Legal Affairs Officer, Secretary
Marie-Helene Labrie
Senior Vice President, Chief Public Affairs - Communications and Strategy Officer
   
Business Overview
Cogeco Communications Inc. is a telecommunications company. Through its business units Cogeco Connexion and Breezeline, it provides Internet, video and phone services in the provinces of Quebec and Ontario, as well as in 13 states in the United States. The Company's segments include Canadian telecommunications and American telecommunications. The Canadian telecommunications activities are carried out by Cogeco Connexion in the provinces of Quebec and Ontario. The American telecommunications activities are carried out by Breezeline in 13 states: Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New York, Ohio, Pennsylvania, South Carolina, Virginia and West Virginia. It provides its residential and small business customers with Internet, video and telephony services through its two-way broadband cable network. It provides a range of Internet, video and phone services primarily to residential customers and business services across their coverage areas.
Financial Overview
For the six months ended 29 February 2024, Cogeco Communications Inc revenues decreased 1% to C$1.48B. Net income decreased 13% to C$183.2M. Revenues reflect American Cable sevices segment decrease of 4% to C$728.3M, United States segment decrease of 4% to C$728.3M. Net income also reflects Depreciation and amortization increase from C$154.2M to C$322.9M (expense), Interest on long-term debt increase of 18% to C$139.2M (expense).
Employees: 4,700 as of Aug 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $7,320M as of Feb 29, 2024
Annual revenue (TTM): $2,963M as of Feb 29, 2024
EBITDA (TTM): $1,409M as of Feb 29, 2024
Net annual income (TTM): $365.57M as of Feb 29, 2024
Free cash flow (TTM): $156.88M as of Feb 29, 2024
Net Debt Last Fiscal Year: $4,859M as of Feb 29, 2024
Shares outstanding: 42,221,941 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization