MONTREAL, QUEBEC — (Marketwired) — 01/14/16 — Cogeco Inc. ("Cogeco") (TSX: CGO) is pleased to announce that each of the nominees as directors for Cogeco listed in the Corporation–s information circular dated November 13, 2015 was elected as director of Cogeco during its annual shareholders– meeting held on January 13, 2016 in Montreal, Quebec (the "Meeting").Detailed voting results on the election of directors are as follows:Results on all matters voted at the Meeting
– Revenue increased by 8.3%, or $44.5 million, to reach $582.9 million; – Adjusted EBITDA(1) increased by $21.2 million, or 9.0%, to reach $255.2 million compared to the same period last year; and – A quarterly dividend of $0.295 per share was declared, an increase of 15.7% compared to the first quarter of fiscal 2015.
– Revenue for the fourth quarter increased by $29.6 million, or 5.6%, to reach $554.1 million – Adjusted EBITDA(1) increased by $15.2 million, or 6.6%, to reach $244.6 million – Free cash flow(1) increased by $55.0 million to reach $73.2 million – Atlantic Broadband, a wholly-owned subsidiary of Cogeco Cable Inc., completed the acquisition of MetroCast Communications of Connecticut, LLC; and – COGECO Inc. increases its quarterly dividend from $0.255 to $0.295 representing a growth of 15.7%.
– Third quarter revenue increased by 4.1%, or $21.7 million, to reach $557.8 million; – Adjusted EBITDA(1) increased by $13.9 million, or 6.0%, to reach $247.0 million; – Atlantic Broadband, a wholly-owned subsidiary of Cogeco Cable Inc., entered into a definitive agreement on June 8, 2015, to purchase MetroCast Communications of Connecticut LLC; and – COGECO announces its fiscal 2016 preliminary financial guidelines and expects adjusted EBITDA to grow between 5% and 8% and free cash flow betwee
MONTREAL, QUEBEC — (Marketwired) — 01/15/15 — Cogeco Inc. ("Cogeco") (TSX: CGO) is pleased to announce that each of the nominees as directors for Cogeco listed in the Corporation–s information circular dated November 14, 2014 was elected as director of Cogeco during its annual shareholders– meeting held on January 14, 2015 in Montreal, Quebec (the "Meeting").Detailed voting results on the election of directors are as follows:Results on all matters voted at the Meeting
– First-quarter revenue reached $538.4 million, an increase of 4.1%; – Adjusted EBITDA(1) increased by 4.4% compared to first quarter of fiscal 2014 to reach $234.0 million; and – Profit for the period amounted to $65.4 million, an increase of 15.0% compared to the same period in fiscal 2014.
– Fourth-quarter revenue increased by $19.8 million, or 3.9%, to reach $524.5 million; – Profit for the period in the fourth quarter amounted to $59.2 million compared to $43.8 million in the comparable period of the previous fiscal year, an increase of 35.3%; and – Quarterly dividend increase of 15.9%.
MONTREAL, QUEBEC — (Marketwired) — 11/06/13 — Editors Note: There is a photo associated with this press release.COGECO Inc. (TSX: CGO) today announced the promotion of Richard Lachance to the position of President and Chief Executive Officer of Cogeco Diffusion Inc. Until recently, Mr. Lachance held the position of Senior Vice President of Cogeco Diffusion.Richard Lachance holds a wealth of experience in the world of Communications and Media. After having worked in the television, radio and
– Solid revenue and operating income before depreciation and amortization(1) increases in the fourth quarter and in fiscal year 2013, meeting revised financial guidelines – On target financial results from Cogeco Cable Inc.-s recent acquisitions Atlantic Broadband and Peer1 Network Enterprises Inc. ("PEER 1"); and – Quarterly dividend increase of 15.8%.
