Bce Inc ( (BCE) ) has released its Q4 earnings. Here is a breakdown of the information Bce Inc presented to its investors.
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BCE Inc., Canada’s largest communications company, provides broadband wireless, Internet, TV, media, and business communication services. The company has reported its fourth-quarter and full-year 2024 financial results, achieving significant milestones despite challenges. BCE’s Q4 results showed a robust increase in net earnings by 16.1% to $505 million, with net earnings attributable to common shareholders rising by 20.7%. The company also recorded an adjusted EBITDA growth of 1.5% in the quarter, marking the highest Q4 margin in over three decades at 40.6%. However, cash flows from operating activities declined by 20.9% to $1,877 million, and free cash flow decreased due to higher interest payments and working capital timing. BCE’s wireless services and media segments exhibited positive growth, with Bell Media’s digital revenues increasing by 6% in Q4. The company also achieved a significant increase in adjusted net earnings by 4.1% to $719 million. Looking ahead, BCE aims to continue its transformation strategy focusing on technology, AI, and automation to maintain competitive advantages. The management remains optimistic about delivering value to shareholders despite macroeconomic uncertainties.
