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Cogeco Inc (T:CGO)

Business Focus: Cable Service Providers

Sector:  Consumer Cyclicals Industry:  Broadcasting
 
See Regulatory Filings on SEDAR
Company Contact
Address: 5, Place Ville-Marie, Office 1700
MONTREAL QC H3B 0B3
Tel: 1-514-7644700
Website: corpo.cogeco.com
IR: See website
Key People
Louis Audet
Executive Chairman of the Board
Pierre Maheux
Vice President, Corporate Controller
Philippe Jette
President, Chief Executive Officer
Patrice Ouimet
Chief Financial Officer, Senior Vice President
Patrick Bratton
Interim President - Atlantic Broadband
Michel Lorrain
President of Cogeco Media
Diane Nyisztor
Chief Human Resource Officer, Senior Vice President
Luc Noiseux
Senior Vice President, Chief Technology and Strategy Officer
Christian Jolivet
Senior Vice President - Corporate Affairs, Chief Legal Officer, Secretary
Marie-Helene Labrie
Senior Vice President, Chief Public Affairs and Communications Officer
   
Business Overview
Cogeco Inc, is a Canada-based company, which operates in the communications and media sectors. The Company operates through two segments: Communications and Other. The Communications segment, through the Company's subsidiary, Cogeco Communications Inc. (Cogeco Communications), provides its residential and business customers with video, Internet and telephony services through its two-way broadband fiber networks. The Other segment consists of radio and out-of-home advertising, among others. Cogeco Communications operates in Canada as Cogeco Cable Canada GP Inc. in Quebec and Ontario, and in the United States as Atlantic Broadband LLC in western Pennsylvania, south Florida, Maryland/Delaware, South Carolina and eastern Connecticut. Through its subsidiary, Cogeco Media Acquisitions Inc. (Cogeco Media), the Company owns and operates radio stations across Quebec. Cogeco Media operates Cogeco News, which is a Quebec's news agency, feeding affiliates, independent and community radio stations.
Financial Overview
For the nine months ended 31 May 2020, Cogeco Inc. revenues increased 1% to C$1.86B. Net income before extraordinary items increased from C$38.3M to C$97.4M. Revenues reflect United States segment increase of 5% to C$815.5M. Net income benefited from IE on Capital Financing, Gross decrease of 12% to C$120.9M (expense), Other external purchases decrease of 16% to C$77.8M (expense). Dividend per share increased from C$1.29 to C$1.43.
Employees: 4,850 as of Aug 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $4,091M as of May 31, 2020
Annual revenue (TTM): $2,466M as of May 31, 2020
EBITDA (TTM): $1,152M as of May 31, 2020
Net annual income (TTM): $126.94M as of May 31, 2020
Free cash flow (TTM): $460.98M as of May 31, 2020
Net Debt Last Fiscal Year: $3,046M as of May 31, 2020
Shares outstanding: 16,001,855 as of May 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization