Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Cogeco Inc (T:CGO)

Business Focus: Cable Service Providers

Sector:  Consumer Cyclicals Industry:  Broadcasting
See Regulatory Filings on SEDAR
Company Contact
Address: 1, Place Ville-Marie, Office 3301
Tel: 1-514-7644700
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: $4,114M 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