Cogeco Communications Reports Growth Amid Restructuring

Cogeco Communications (TSE:CCA) has released an update.

Cogeco Communications reported a revenue increase of 1.2% in its third quarter fiscal 2024, with a noteworthy adjusted EBITDA growth of 4.1%. Despite facing restructuring costs leading to a 24.8% decrease in profit and a drop in free cash flow, the company declared a 10.1% higher quarterly dividend and maintained its financial outlook for the year.

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