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 |