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(1)) compared to the same period of the prior year to reach $624.3 million;
Adjusted EBITDA
Free cash flow
Cogeco Communications announced the acquisition of WideOpenWest’s Ohio broadband systems; and
A quarterly eligible dividend of $0.64 was declared.
MONTRÉAL, July 14, 2021 /CNW Telbec/ – Today, Cogeco Communications Inc. (TSX:CCA) (“Cogeco Communications” or the “Corporation”) announced its financial results for the third quarter ended May 31, 2021, in accordance with International Financial Reporting Standards (“IFRS”).
OPERATING RESULTS
For the third quarter of fiscal 2021:
Revenue increased by 3.1% to reach $624.3 million. On a constant currency basis, revenue increased by 8.8%, mainly explained as follows:
Canadian broadband services revenue increased by 10.2% as a result of the DERYtelecom acquisition completed on December 14, 2020, the cumulative effect of sustained demand for residential high-speed Internet since the beginning of the pandemic
Email: Harald.Kinzler@kekstcnc.com
DISCLAIMER
These materials may not be published, distribed or transmitted in the United States, Canada, Australia or Japan. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the Securities ) of Novem Group S.A. (the Company ) in the United States, Australia, Canada, Japan or any other jurisdiction in which such offer or solicitation is unlawful. The Securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the Securities Act ). There will be no public offering of the securities in the United States. The Securities have not been, and will not be, registered under the Securities Act. The securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia,