View Future GrowthCogeco 過去の業績過去 基準チェック /26Cogecoの収益は年間平均-14.4%の割合で減少していますが、 Telecom業界の収益は年間 減少しています。収益は年間5% 2.8%割合で 増加しています。 Cogecoの自己資本利益率は8.9%であり、純利益率は2.9%です。主要情報-14.36%収益成長率-0.73%EPS成長率Telecom 業界の成長36.30%収益成長率2.83%株主資本利益率8.90%ネット・マージン2.86%前回の決算情報28 Feb 2026最近の業績更新お知らせ • Mar 12Cogeco Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026お知らせ • Dec 17Cogeco Inc. to Report Q1, 2026 Results on Jan 14, 2026Cogeco Inc. announced that they will report Q1, 2026 results After-Market on Jan 14, 2026お知らせ • Sep 25Cogeco Inc. to Report Q4, 2025 Results on Oct 29, 2025Cogeco Inc. announced that they will report Q4, 2025 results After-Market on Oct 29, 2025お知らせ • Jun 19Cogeco Inc. to Report Q3, 2025 Results on Jul 15, 2025Cogeco Inc. announced that they will report Q3, 2025 results After-Market on Jul 15, 2025お知らせ • Mar 12Cogeco Inc. to Report Q2, 2025 Results on Apr 09, 2025Cogeco Inc. announced that they will report Q2, 2025 results After-Market on Apr 09, 2025お知らせ • Dec 17Cogeco Inc. to Report Q1, 2025 Results on Jan 13, 2025Cogeco Inc. announced that they will report Q1, 2025 results After-Market on Jan 13, 2025すべての更新を表示Recent updatesBoard Change • May 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bernard Lord was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 10+ 1 more updateCogeco Inc. Revises Earnings Guidance for the Fiscal Year 2026Cogeco Inc. revised earnings guidance for the fiscal year 2026. For the year, the company now expects revenue to decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.お知らせ • Mar 12Cogeco Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026お知らせ • Jan 15Cogeco Inc. Declares A Quarterly DividendAt its January 14, 2026 meeting, the Board of Directors of Cogeco Inc. declared a quarterly dividend of $0.987 per share, an increase of 7.0% compared to $0.922 per share in the comparable quarter of fiscal 2025.お知らせ • Dec 17Cogeco Inc. to Report Q1, 2026 Results on Jan 14, 2026Cogeco Inc. announced that they will report Q1, 2026 results After-Market on Jan 14, 2026お知らせ • Nov 12Cogeco Inc., Annual General Meeting, Jan 15, 2026Cogeco Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal Canadaお知らせ • Oct 31+ 2 more updatesCogeco Inc. Provides Earnings Guidance for the Fiscal Year 2026Cogeco Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects revenue to decrease by 1% to 3%, resulting mostly from a growing Internet subscriber base, a decline in video and wireline phone subscriptions, as well as a competitive pricing environment.お知らせ • Sep 25Cogeco Inc. to Report Q4, 2025 Results on Oct 29, 2025Cogeco Inc. announced that they will report Q4, 2025 results After-Market on Oct 29, 2025お知らせ • Jul 16+ 1 more updateCogeco Inc. Declares Quarterly Eligible DividendAt its July 15, 2025 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.お知らせ • Jun 19Cogeco Inc. to Report Q3, 2025 Results on Jul 15, 2025Cogeco Inc. announced that they will report Q3, 2025 results After-Market on Jul 15, 2025お知らせ • Apr 10Cogeco Inc. Declares Quarterly Eligible DividendAt its April 9, 2025 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.お知らせ • Mar 12Cogeco Inc. to Report Q2, 2025 Results on Apr 09, 2025Cogeco Inc. announced that they will report Q2, 2025 results After-Market on Apr 09, 2025お知らせ • Dec 17Cogeco Inc. to Report Q1, 2025 Results on Jan 13, 2025Cogeco Inc. announced that they will report Q1, 2025 results After-Market on Jan 13, 2025お知らせ • Nov 11Cogeco Inc., Annual General Meeting, Jan 14, 2025Cogeco Inc., Annual General Meeting, Jan 14, 2025. Location: quebec, montreal CanadaDeclared Dividend • Nov 07Fourth quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 14th November 2024 Payment date: 28th November 2024 Dividend yield will be 6.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 01Full year 2024 earnings released: EPS: CA$8.63 (vs CA$4.54 in FY 2023)Full year 2024 results: EPS: CA$8.63 (up from CA$4.54 in FY 2023). Revenue: CA$3.07b (flat on FY 2023). Net income: CA$96.7m (up 37% from FY 2023). Profit margin: 3.1% (up from 2.3% in FY 2023). Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year.お知らせ • Sep 17Cogeco Inc. to Report Q4, 2024 Results on Oct 31, 2024Cogeco Inc. announced that they will report Q4, 2024 results After-Market on Oct 31, 2024お知らせ • Sep 03Cogeco Welcomes Mike Henry as Chief Commercial OfficerCogeco Inc. and Cogeco Communications Inc. announced the arrival of Mike Henry, who joined the organization as Chief Commercial Officer on Monday, August 26, 2024. He will be responsible for leading the sales and marketing, digital, brand, product and community relations teams of Cogeco's telecommunications business across Canada and the United States. Henry brings 30 years of leadership experience from the financial sector, where he has led pivotal transformations and overseen value creation, while keeping customer experience at the forefront of the organizations he has served. Henry most recently held the position of Executive Vice-President, Consumer Banking, Digital and Strategy at Home Trust. He previously held multiple executive roles at Scotiabank, acting as Executive Vice-President and Chief Data Officer. Henry holds an MBA from the Schulich School of Business at York University, and has completed leadership programs at both Harvard Business School and Duke University. He also holds the ICD.D designation from the Institute of Corporate Directors.Declared Dividend • Jul 17Third quarter dividend of CA$0.85 announcedShareholders will receive a dividend of CA$0.85. Ex-date: 25th July 2024 Payment date: 8th August 2024 Dividend yield will be 7.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 12Third quarter 2024 earnings released: EPS: CA$1.99 (vs CA$2.22 loss in 3Q 2023)Third quarter 2024 results: EPS: CA$1.99 (up from CA$2.22 loss in 3Q 2023). Revenue: CA$777.2m (up 1.3% from 3Q 2023). Net income: CA$19.0m (up CA$53.4m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 1.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 21% per year.お知らせ • Jun 06Cogeco Inc. to Report Q3, 2024 Results on Jul 11, 2024Cogeco Inc. announced that they will report Q3, 2024 results After-Market on Jul 11, 2024お知らせ • Apr 13Cogeco Inc. Declares Quarterly DividendCogeco Inc. declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.Reported Earnings • Apr 12Second quarter 2024 earnings released: EPS: CA$2.32 (vs CA$2.17 in 2Q 2023)Second quarter 2024 results: EPS: CA$2.32. Revenue: CA$751.9m (flat on 2Q 2023). Net income: CA$24.0m (down 29% from 2Q 2023). Profit margin: 3.2% (down from 4.5% in 2Q 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Telecom industry in Germany.お知らせ • Mar 20Cogeco Inc. to Report Q2, 2024 Results on Apr 11, 2024Cogeco Inc. announced that they will report Q2, 2024 results After-Market on Apr 11, 2024お知らせ • Mar 12Cogeco Inc. and Cogeco Communications Inc. Announce Chief Executive Officer ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as Chief Executive Officer of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal.お知らせ • Mar 11Cogeco Inc. and Cogeco Communications Inc. Announce Management ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as President and Director of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal. Mr. Jetté will step down as a director of both companies, effective March 11, 2024.Upcoming Dividend • Jan 16Upcoming dividend of CA$0.85 per share at 5.8% yieldEligible shareholders must have bought the stock before 23 January 2024. Payment date: 07 February 2024. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 5.8%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.0%).お知らせ • Jan 13Cogeco Inc. Elects Robin Bienenstock as DirectorCogeco Inc. announced Robin Bienenstock elected as director of Cogeco during its Annual Shareholders' Meeting held virtually on January 11, 2024.Reported Earnings • Jan 12First quarter 2024 earnings released: EPS: CA$2.23 (vs CA$2.68 in 1Q 2023)First quarter 2024 results: EPS: CA$2.23 (down from CA$2.68 in 1Q 2023). Revenue: CA$776.2m (down 1.7% from 1Q 2023). Net income: CA$34.5m (down 18% from 1Q 2023). Profit margin: 4.5% (down from 5.3% in 1Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 2.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Jan 11Cogeco Declares a Quarterly Eligible DividendAt its January 10, 2024 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.お知らせ • Dec 15Cogeco Inc. to Report Q1, 2024 Results on Jan 11, 2024Cogeco Inc. announced that they will report Q1, 2024 results After-Market on Jan 11, 2024お知らせ • Dec 12Cogeco Inc. (TSX:CGO) announces an Equity Buyback for 5,969,360 shares, representing 38.2% for CAD 280.02 million.Cogeco Inc. (TSX:CGO) announces a share repurchase program. Under the program, the company will repurchase up to 5,969,360 shares, representing 38.2% for CAD 280.02 million. The shares will be repurchased at a price not more than CAD 46.91 per share. The company will fund CAD 117 million in proceeds resulting from a repurchase for cancellation by Cogeco Communications from Cogeco of CCA SVS at the CCA SVS Price, CAD 73 million will be funded from a sale by Cogeco to CDPQ of CCA SVS at the CCA SVS Price and from its term loan and credit facilities. The shares will be repurchased from Caisse de dépôt et placement du Québec.Upcoming Dividend • Nov 07Upcoming dividend of CA$0.85 per share at 7.2% yieldEligible shareholders must have bought the stock before 14 November 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 7.2%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.9%).お知らせ • Nov 04Cogeco Inc., Annual General Meeting, Jan 11, 2024Cogeco Inc., Annual General Meeting, Jan 11, 2024.Reported Earnings • Nov 03Full year 2023 earnings released: EPS: CA$4.53 (vs CA$9.43 in FY 2022)Full year 2023 results: EPS: CA$4.53 (down from CA$9.43 in FY 2022). Revenue: CA$3.08b (up 2.9% from FY 2022). Net income: CA$70.6m (down 53% from FY 2022). Profit margin: 2.3% (down from 5.0% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 02Cogeco Inc. Declares Quarterly DividendCogeco Inc. at its November 1, 2023 meeting, the Board of Directors of the company declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share last year. With this increase, the dividends per share of the Corporation and Cogeco Communications are now fully aligned.お知らせ • Sep 29Cogeco Inc. to Report Q4, 2023 Results on Nov 01, 2023Cogeco Inc. announced that they will report Q4, 2023 results After-Market on Nov 01, 2023お知らせ • Sep 19Cogeco Inc. and Cogeco Communications Inc. Appoints Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal Officer, effective September 18, 2023. She will be based at the company's head office in Montreal. Ms. Zamuner is a seasoned executive with outstanding experience in sectors ranging from financial and professional services to media and retail. During her career, she has held positions with ever-increasing responsibility, led key legal functions, piloted landmark mergers and acquisitions, and helped shape the strategies of the companies she has worked for. Her most recent roles include Senior Vice-President, General Counsel and Corporate Secretary for Alimentation Couche-Tard, and Senior Vice-President of Mergers, Acquisitions Strategic Initiatives for Stingray Inc. Ms. Zamuner will lead the Corporate Affairs teams as well as the Legal, Regulatory and Government teams; this will bring together the various fields of expertise related to its key interactions with external stakeholders. Ms. Zamuner holds a law degree from Universite Laval and an MBA from Concordia University. She is a member of the Quebec Bar.お知らせ • Sep 08Cogeco Inc. and Cogeco Communications Inc. Announces Appointment of Tim Dinesen as Senior Vice-President and Chief Technology OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Tim Dinesen as Senior Vice-President and Chief Technology Officer, effective September 11, 2023. He will be based at the head office in Montreal. Until recently, in addition to his consulting work, he has held management roles at Xplornet, Canadian Tire and Bell Canada, among others. During his career, he has acquired extensive experience of broadband networks, information technologies, mobility and customer operations in Canada and the United States. Mr. Dinesen holds a PhD in Chemical Physics from McGill University and an MBA from Queen's University.New Risk • Jul 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).Reported Earnings • Jul 14Third quarter 2023 earnings released: CA$2.22 loss per share (vs CA$2.38 profit in 3Q 2022)Third quarter 2023 results: CA$2.22 loss per share (down from CA$2.38 profit in 3Q 2022). Revenue: CA$767.6m (up 1.7% from 3Q 2022). Net loss: CA$34.5m (down 192% from profit in 3Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.お知らせ • Jul 14+ 1 more updateCogeco Inc. Declares Quarterly DividendCogeco Inc. announced that at its July 13, 2023 meeting, the Board of Directors declared a quarterly eligible dividend of CAD 0.731 per share, an increase of 17% compared to CAD 0.625 per share in the comparable quarter of fiscal 2022.お知らせ • Jun 09Cogeco Inc. to Report Q3, 2023 Results on Jul 13, 2023Cogeco Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 13, 2023Upcoming Dividend • Apr 19Upcoming dividend of CA$0.73 per share at 5.1% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.8%).Reported Earnings • Apr 15Second quarter 2023 earnings released: EPS: CA$2.17 (vs CA$2.30 in 2Q 2022)Second quarter 2023 results: EPS: CA$2.17 (down from CA$2.30 in 2Q 2022). Revenue: CA$757.2m (up 1.2% from 2Q 2022). Net income: CA$33.8m (down 7.8% from 2Q 2022). Profit margin: 4.5% (down from 4.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Director Caroline Papadatos was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €39.20, the stock trades at a trailing P/E ratio of 5.7x. Average forward P/E is 13x in the Media industry in Germany. Total loss to shareholders of 33% over the past three years.お知らせ • Jan 17Cogeco Inc. Approves Election of Caroline Papadatos as DirectorCogeco Inc. at its AGM held on January 13, 2023 approved election of Caroline Papadatos as director.Reported Earnings • Jan 13First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: CA$789.7m (up 6.0% from 1Q 2022). Net income: CA$42.1m (up 9.2% from 1Q 2022). Profit margin: 5.3% (up from 5.2% in 1Q 2022). The increase in margin was driven by higher revenue.お知らせ • Jan 13+ 1 more updateCogeco Inc. Declares Quarterly DividendAt its January 12, 2023 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.731 per share, an increase of 17% compared to $0.625 per share in the comparable quarter of fiscal 2022.お知らせ • Dec 02+ 1 more updateCogeco Inc. to Report Q1, 2023 Results on Jan 12, 2023Cogeco Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 12, 2023Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Patricia Curadeau-Grou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 05Cogeco Inc., Annual General Meeting, Jan 13, 2023Cogeco Inc., Annual General Meeting, Jan 13, 2023.Reported Earnings • Oct 28Full year 2022 earnings releasedFull year 2022 results: Revenue: CA$3.00b (up 15% from FY 2021). Net income: CA$149.1m (up 5.1% from FY 2021). Profit margin: 5.0% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses.Board Change • Sep 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Patricia Curadeau-Grou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jul 19Upcoming dividend of CA$0.63 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (8.6%).Reported Earnings • Jul 15Third quarter 2022 earnings released: EPS: CA$2.38 (vs CA$2.17 in 3Q 2021)Third quarter 2022 results: EPS: CA$2.38 (up from CA$2.17 in 3Q 2021). Revenue: CA$754.8m (up 16% from 3Q 2021). Net income: CA$37.5m (up 8.5% from 3Q 2021). Profit margin: 5.0% (down from 5.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.3%, compared to a 9.0% growth forecast for the industry in Germany.Recent Insider Transactions • May 17Insider recently sold €57k worth of stockOn the 13th of May, Robin Bienenstock sold around 1k shares on-market at roughly €53.76 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €998k more than they bought in the last 12 months.Upcoming Dividend • Apr 19Upcoming dividend of CA$0.63 per shareEligible shareholders must have bought the stock before 26 April 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (6.0%).Reported Earnings • Apr 14Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: CA$748.1m (up 14% from 2Q 2021). Net income: CA$36.7m (up 8.7% from 2Q 2021). Profit margin: 4.9% (down from 5.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.6%, compared to a 8.3% growth forecast for the industry in Germany.Reported Earnings • Jan 14First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: CA$745.3m (up 15% from 1Q 2021). Net income: CA$38.5m (down 4.9% from 1Q 2021). Profit margin: 5.2% (down from 6.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 6.5% growth forecast for the industry in Germany.Recent Insider Transactions • Nov 18Chairman of the Board recently sold €355k worth of stockOn the 15th of November, Louis Audet sold around 6k shares on-market at roughly €56.24 per share. This was the largest sale by an insider in the last 3 months. This was Louis' only on-market trade for the last 12 months.Reported Earnings • Nov 12Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: CA$2.60b (up 5.0% from FY 2020). Net income: CA$141.9m (up 11% from FY 2020). Profit margin: 5.4% (up from 5.2% in FY 2020). The increase in margin was driven by higher revenue.Board Change • Jul 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Patricia Curadeau-Grou was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jul 20Upcoming dividend of CA$0.55 per shareEligible shareholders must have bought the stock before 27 July 2021. Payment date: 11 August 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.0%).Reported Earnings • Jul 17Third quarter 2021 earnings released: EPS CA$2.17 (vs CA$1.96 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$649.3m (up 3.7% from 3Q 2020). Net income: CA$34.5m (up 11% from 3Q 2020). Profit margin: 5.3% (up from 5.0% in 3Q 2020). The increase in margin was driven by higher revenue.Upcoming Dividend • Apr 20Upcoming dividend of CA$0.55 per shareEligible shareholders must have bought the stock before 26 April 2021. Payment date: 11 May 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.8%).Reported Earnings • Apr 15Second quarter 2021 earnings released: EPS CA$2.12 (vs CA$2.19 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CA$653.2m (up 6.9% from 2Q 2020). Net income: CA$33.7m (down 3.5% from 2Q 2020). Profit margin: 5.2% (down from 5.7% in 2Q 2020). The decrease in margin was driven by higher expenses.Is New 90 Day High Low • Mar 10New 90-day high: €65.00The company is up 24% from its price of €52.50 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 16% over the same period.Is New 90 Day High Low • Feb 10New 90-day high: €61.00The company is up 21% from its price of €50.50 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 18% over the same period.Reported Earnings • Jan 20First quarter 2021 earnings released: EPS CA$2.55The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$646.4m (up 4.5% from 1Q 2020). Net income: CA$40.5m (up 29% from 1Q 2020). Profit margin: 6.3% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Jan 20New 90-day high: €57.50The company is up 6.0% from its price of €54.00 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 22% over the same period.Analyst Estimate Surprise Post Earnings • Jan 20Revenue misses expectationsRevenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 4.2%, compared to a 2.8% growth forecast for the Media industry in Germany.お知らせ • Dec 04Cogeco Inc. to Report Q1, 2021 Results on Jan 14, 2021Cogeco Inc. announced that they will report Q1, 2021 results at 5:00 PM, Eastern Standard Time on Jan 14, 2021お知らせ • Nov 24Cogeco Inc. and Cogeco Communications Inc. Announces Appointment of Zouheir Mansourati as Senior Vice President and Chief Technology OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Zouheir Mansourati to the position of Senior Vice President and Chief Technology Officer for both companies. Mr. Mansourati has nearly three decades of experience in the telecommunications industry, including thirteen years at Telus where he held several executive positions including Vice President of National Broadband Network Implementation. He started his career at Bell-Northern Research, where he served in many executive roles including product management, customer network planning and business development. Most recently Mr. Mansourati was Chief Customer Officer at Vitruvi, working with their telecommunications network clients. In addition to his strong professional background, Mr. Mansourati holds a Master of Science degree from the Universite Pierre et Marie Curie in Paris, and an M.Sc. and PhD. in mathematics from Queen's University in Kingston, Ontario.Is New 90 Day High Low • Nov 15New 90-day low: €49.60The company is down 3.0% from its price of €51.00 on 17 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 22% over the same period.お知らせ • Nov 06Cogeco Inc., Annual General Meeting, Jan 15, 2021Cogeco Inc., Annual General Meeting, Jan 15, 2021.Upcoming Dividend • Nov 02Upcoming Dividend of CA$0.55 Per ShareWill be paid on the 24th of November to those who are registered shareholders by the 9th of November. The trailing yield of 2.7% is below the top quartile of German dividend payers (3.9%), and is lower than industry peers (4.0%).Reported Earnings • Oct 30Full year earnings releasedOver the last 12 months the company has reported total profits of CA$128.1m, up 89% from the prior year. Total revenue was CA$2.48b over the last 12 months, up 1.4% from the prior year. Profit margins were 5.2%, which is higher than the 2.8% margin from last year. The increase in margin was primarily driven by higher revenue.Analyst Estimate Surprise Post Earnings • Oct 30Annual earnings released: Revenue misses expectationsAnnual revenue missed analyst estimates by 0.1% at CA$2.48b. Revenue is forecast to grow 3.7% over the next year, while the growth in Media industry in Germany is expected to stay flat.お知らせ • Oct 19Altice USA, Inc. (NYSE:ATUS) cancelled the acquisition of Cogeco Inc. (TSX:CGO) from Gestion Audem, Inc. and other shareholders for CAD 2 billion.Altice USA, Inc. (NYSE:ATUS) made an offer to acquire Cogeco Inc. (TSX:CGO) from Gestion Audem, Inc. and other shareholders for CAD 1.7 billion on September 1, 2020. The aggregate all-cash consideration offered for all of the outstanding shares of Cogeco Inc. and Cogeco Communications Inc., including those owned by Rogers, is approximately CAD 10.3 billion. In a related transaction, Altice USA made an offer to acquire Cogeco Communications Inc. for CAD 134.22 per share and also Altice USA, Inc. entered into an arrangement to sell all the Canadian assets of Cogeco Inc. And Cogeco Communications Inc. to Rogers Communications Inc. (TSX:RCI.B) for CAD 4.8 billion if its transaction with Cogeco Inc. and Cogeco Communications Inc. is completed. Upon completion of the transactions, Altice USA, Inc. will own all the U.S. assets of Cogeco Inc. and Cogeco Communications Inc. Gestion Audem, Inc. owns 100% of the multiple voting shares of Cogeco Inc. and approximately 0.9% of subordinate voting shares of Cogeco Inc. Gestion Audem, Inc. will receive CAD 800 million as consideration. The rest of shareholders of subordinate voting shares of Cogeco Inc. will receive CAD 106.53 per share. Rogers Communications owns 41% of the outstanding subordinate voting shares of Cogeco Inc. and 33% of subordinate voting shares of Cogeco Communications Inc. The transaction is subject to completing confirmatory due diligence, entrance into definitive transaction agreements with Cogeco and the receipt of customary shareholder, corporate and regulatory approvals. As of September 2, 2020, Gestion Audem rejected the proposal. The independent members of Boards of Directors of Cogeco Inc. and Cogeco Communications Inc. rejected the proposal on September 2, 2020. As of October 18, 2020, Altice USA has presented a revised and enhanced offer. Shareholders of Cogeco Inc. will receive CAD 123 per share and Gestion Audem will receive CAD 900 million for for their holding. The transactions are expected to close within six to nine months after signing the definitive agreements, following receipt of necessary approvals. Altice USA, Inc. (NYSE:ATUS) cancelled the acquisition of Cogeco Inc. (TSX:CGO) from Gestion Audem, Inc. and other shareholders for CAD 2 billion on October 18, 2020. The independent members of Boards of Directors of Cogeco Inc. and Cogeco Communications Inc. rejected the proposal on September 2, 2020. Gestion Audem has unanimously rejected the second hostile proposal.お知らせ • Sep 25Cogeco Inc. to Report Q4, 2020 Results on Oct 27, 2020Cogeco Inc. announced that they will report Q4, 2020 results on Oct 27, 2020お知らせ • Sep 22Rogers Communications Inc. (TSX:RCI.B) entered into an agreement to acquire All the Canadian Assets of Cogeco Inc. And Cogeco Communications Inc. for CAD 4.8 billion.Rogers Communications Inc. (TSX:RCI.B) made non-binding proposal to acquire All the Canadian Assets of Cogeco Inc. And Cogeco Communications Inc. for CAD 4.8 billion on September 1, 2020. The consideration will be paid in cash. Rogers Communications entered into an arrangement with Altice USA, Inc. to acquire all the Canadian assets of Cogeco, if its transaction with Cogeco is completed. In a related deal, Altice USA made an all-cash offer to purchase all of the outstanding shares of Cogeco Inc. and Cogeco Communications Inc. Upon successful completion of a Cogeco transaction, Rogers would ensure that Cogeco’s headquarters and management team remain in the province, including the operations of the company’s Quebec based media assets. Rogers and Altice USA are confident that if the offer is accepted, the transaction will receive all required regulatory approvals on a timely basis. The transaction is conditional upon completion of the Altice USA offer to acquire Cogeco Inc., offer has been submitted to review by Board of Directors of Cogeco And Cogeco Communications. As of September 2, 2020, the independent members of their Boards of Directors of Cogeco and Cogeco Communications have rejected the offer. Additionally, Gestion Audem Inc. has already indicated that it does not intend to sell its shares and will not support the proposal. The transaction is expected to close within six to nine months after signing definitive agreements, following receipt of necessary approvals. The Bank of Nova Scotia acted as financial advisor to Rogers Communications Inc.収支内訳Cogeco の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:76E 収益、費用、利益 ( )CAD Millions日付収益収益G+A経費研究開発費28 Feb 262,939840030 Nov 252,979830031 Aug 253,008850031 May 253,045880028 Feb 253,064860030 Nov 243,063920031 Aug 243,074970031 May 243,0721070029 Feb 243,062530030 Nov 233,068630031 Aug 233,081710031 May 233,061780028 Feb 233,0491500030 Nov 223,0391530031 Aug 222,9951490031 May 222,9031460028 Feb 222,7981430030 Nov 212,7031400031 Aug 212,6041420031 May 212,5731390028 Feb 212,5501360030 Nov 202,5071370031 Aug 202,4791280031 May 202,4661270029 Feb 202,457730030 Nov 192,455690031 Aug 192,444680031 May 192,426640028 Feb 192,4071180030 Nov 182,3531490031 Aug 182,2621510031 May 182,2481470028 Feb 182,2491460030 Nov 172,2811100031 Aug 172,3481090031 May 172,3411160028 Feb 172,316-310030 Nov 162,308-240031 Aug 162,307-290031 May 162,289-340029 Feb 162,2731070030 Nov 152,232880031 Aug 152,187900031 May 152,1588000質の高い収益: 76Eは 高品質の収益 を持っています。利益率の向上: 76Eの現在の純利益率 (2.9%)は、昨年(2.8%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 76Eの収益は過去 5 年間で年間14.4%減少しました。成長の加速: 76Eは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 76Eは過去 1 年間で収益成長率がマイナス ( -2.4% ) となったため、 Telecom業界平均 ( -13.7% ) と比較することが困難です。株主資本利益率高いROE: 76Eの 自己資本利益率 ( 8.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTelecom 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 19:56終値2026/05/26 00:00収益2026/02/28年間収益2025/08/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Cogeco Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Phillip HuangBarclaysGlen CampbellBofA Global ResearchStephanie PriceCIBC Capital Markets3 その他のアナリストを表示
お知らせ • Mar 12Cogeco Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026
お知らせ • Dec 17Cogeco Inc. to Report Q1, 2026 Results on Jan 14, 2026Cogeco Inc. announced that they will report Q1, 2026 results After-Market on Jan 14, 2026
お知らせ • Sep 25Cogeco Inc. to Report Q4, 2025 Results on Oct 29, 2025Cogeco Inc. announced that they will report Q4, 2025 results After-Market on Oct 29, 2025
お知らせ • Jun 19Cogeco Inc. to Report Q3, 2025 Results on Jul 15, 2025Cogeco Inc. announced that they will report Q3, 2025 results After-Market on Jul 15, 2025
お知らせ • Mar 12Cogeco Inc. to Report Q2, 2025 Results on Apr 09, 2025Cogeco Inc. announced that they will report Q2, 2025 results After-Market on Apr 09, 2025
お知らせ • Dec 17Cogeco Inc. to Report Q1, 2025 Results on Jan 13, 2025Cogeco Inc. announced that they will report Q1, 2025 results After-Market on Jan 13, 2025
Board Change • May 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bernard Lord was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 10+ 1 more updateCogeco Inc. Revises Earnings Guidance for the Fiscal Year 2026Cogeco Inc. revised earnings guidance for the fiscal year 2026. For the year, the company now expects revenue to decrease by 2% to 4% compared to decrease by 1% to 3% in previous guidance.
お知らせ • Mar 12Cogeco Inc. to Report Q2, 2026 Results on Apr 09, 2026Cogeco Inc. announced that they will report Q2, 2026 results After-Market on Apr 09, 2026
お知らせ • Jan 15Cogeco Inc. Declares A Quarterly DividendAt its January 14, 2026 meeting, the Board of Directors of Cogeco Inc. declared a quarterly dividend of $0.987 per share, an increase of 7.0% compared to $0.922 per share in the comparable quarter of fiscal 2025.
お知らせ • Dec 17Cogeco Inc. to Report Q1, 2026 Results on Jan 14, 2026Cogeco Inc. announced that they will report Q1, 2026 results After-Market on Jan 14, 2026
お知らせ • Nov 12Cogeco Inc., Annual General Meeting, Jan 15, 2026Cogeco Inc., Annual General Meeting, Jan 15, 2026. Location: quebec, montreal Canada
お知らせ • Oct 31+ 2 more updatesCogeco Inc. Provides Earnings Guidance for the Fiscal Year 2026Cogeco Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects revenue to decrease by 1% to 3%, resulting mostly from a growing Internet subscriber base, a decline in video and wireline phone subscriptions, as well as a competitive pricing environment.
お知らせ • Sep 25Cogeco Inc. to Report Q4, 2025 Results on Oct 29, 2025Cogeco Inc. announced that they will report Q4, 2025 results After-Market on Oct 29, 2025
お知らせ • Jul 16+ 1 more updateCogeco Inc. Declares Quarterly Eligible DividendAt its July 15, 2025 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.
お知らせ • Jun 19Cogeco Inc. to Report Q3, 2025 Results on Jul 15, 2025Cogeco Inc. announced that they will report Q3, 2025 results After-Market on Jul 15, 2025
お知らせ • Apr 10Cogeco Inc. Declares Quarterly Eligible DividendAt its April 9, 2025 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.922 per share, an increase of 8.0% compared to $0.854 per share in the comparable quarter of fiscal 2024.
お知らせ • Mar 12Cogeco Inc. to Report Q2, 2025 Results on Apr 09, 2025Cogeco Inc. announced that they will report Q2, 2025 results After-Market on Apr 09, 2025
お知らせ • Dec 17Cogeco Inc. to Report Q1, 2025 Results on Jan 13, 2025Cogeco Inc. announced that they will report Q1, 2025 results After-Market on Jan 13, 2025
お知らせ • Nov 11Cogeco Inc., Annual General Meeting, Jan 14, 2025Cogeco Inc., Annual General Meeting, Jan 14, 2025. Location: quebec, montreal Canada
Declared Dividend • Nov 07Fourth quarter dividend of CA$0.92 announcedShareholders will receive a dividend of CA$0.92. Ex-date: 14th November 2024 Payment date: 28th November 2024 Dividend yield will be 6.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 01Full year 2024 earnings released: EPS: CA$8.63 (vs CA$4.54 in FY 2023)Full year 2024 results: EPS: CA$8.63 (up from CA$4.54 in FY 2023). Revenue: CA$3.07b (flat on FY 2023). Net income: CA$96.7m (up 37% from FY 2023). Profit margin: 3.1% (up from 2.3% in FY 2023). Revenue is forecast to stay flat during the next 2 years compared to a 2.3% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year.
お知らせ • Sep 17Cogeco Inc. to Report Q4, 2024 Results on Oct 31, 2024Cogeco Inc. announced that they will report Q4, 2024 results After-Market on Oct 31, 2024
お知らせ • Sep 03Cogeco Welcomes Mike Henry as Chief Commercial OfficerCogeco Inc. and Cogeco Communications Inc. announced the arrival of Mike Henry, who joined the organization as Chief Commercial Officer on Monday, August 26, 2024. He will be responsible for leading the sales and marketing, digital, brand, product and community relations teams of Cogeco's telecommunications business across Canada and the United States. Henry brings 30 years of leadership experience from the financial sector, where he has led pivotal transformations and overseen value creation, while keeping customer experience at the forefront of the organizations he has served. Henry most recently held the position of Executive Vice-President, Consumer Banking, Digital and Strategy at Home Trust. He previously held multiple executive roles at Scotiabank, acting as Executive Vice-President and Chief Data Officer. Henry holds an MBA from the Schulich School of Business at York University, and has completed leadership programs at both Harvard Business School and Duke University. He also holds the ICD.D designation from the Institute of Corporate Directors.
Declared Dividend • Jul 17Third quarter dividend of CA$0.85 announcedShareholders will receive a dividend of CA$0.85. Ex-date: 25th July 2024 Payment date: 8th August 2024 Dividend yield will be 7.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 12Third quarter 2024 earnings released: EPS: CA$1.99 (vs CA$2.22 loss in 3Q 2023)Third quarter 2024 results: EPS: CA$1.99 (up from CA$2.22 loss in 3Q 2023). Revenue: CA$777.2m (up 1.3% from 3Q 2023). Net income: CA$19.0m (up CA$53.4m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 1.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 21% per year.
お知らせ • Jun 06Cogeco Inc. to Report Q3, 2024 Results on Jul 11, 2024Cogeco Inc. announced that they will report Q3, 2024 results After-Market on Jul 11, 2024
お知らせ • Apr 13Cogeco Inc. Declares Quarterly DividendCogeco Inc. declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.
Reported Earnings • Apr 12Second quarter 2024 earnings released: EPS: CA$2.32 (vs CA$2.17 in 2Q 2023)Second quarter 2024 results: EPS: CA$2.32. Revenue: CA$751.9m (flat on 2Q 2023). Net income: CA$24.0m (down 29% from 2Q 2023). Profit margin: 3.2% (down from 4.5% in 2Q 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Telecom industry in Germany.
お知らせ • Mar 20Cogeco Inc. to Report Q2, 2024 Results on Apr 11, 2024Cogeco Inc. announced that they will report Q2, 2024 results After-Market on Apr 11, 2024
お知らせ • Mar 12Cogeco Inc. and Cogeco Communications Inc. Announce Chief Executive Officer ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as Chief Executive Officer of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal.
お知らせ • Mar 11Cogeco Inc. and Cogeco Communications Inc. Announce Management ChangesThe Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frédéric Perron as President and Director of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jetté will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. Since joining Cogeco in September 2020, Mr. Perron successfully repositioned Cogeco's Canadian broadband business by building a high-performing team, step-changing execution, accelerating customer growth, completing three important acquisitions, scaling a digital flanker brand and expanding Cogeco's high speed network. Prior to joining Cogeco, Mr. Perron led T-Mobile's consumer business in Poland, held executive roles at Vodafone in the United Kingdom and the Czech Republic, and ran customer base management at Rogers Communications. He has a proven track record as a change agent with broad experience in broadband, wireless and the credit card industry across five countries leading marketing, sales, customer service, operations, digital, product, network, IT, and legal. Mr. Jetté will step down as a director of both companies, effective March 11, 2024.
Upcoming Dividend • Jan 16Upcoming dividend of CA$0.85 per share at 5.8% yieldEligible shareholders must have bought the stock before 23 January 2024. Payment date: 07 February 2024. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 5.8%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.0%).
お知らせ • Jan 13Cogeco Inc. Elects Robin Bienenstock as DirectorCogeco Inc. announced Robin Bienenstock elected as director of Cogeco during its Annual Shareholders' Meeting held virtually on January 11, 2024.
Reported Earnings • Jan 12First quarter 2024 earnings released: EPS: CA$2.23 (vs CA$2.68 in 1Q 2023)First quarter 2024 results: EPS: CA$2.23 (down from CA$2.68 in 1Q 2023). Revenue: CA$776.2m (down 1.7% from 1Q 2023). Net income: CA$34.5m (down 18% from 1Q 2023). Profit margin: 4.5% (down from 5.3% in 1Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 2.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 11Cogeco Declares a Quarterly Eligible DividendAt its January 10, 2024 meeting, the Board of Directors of Cogeco declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share in the comparable quarter of fiscal 2023.
お知らせ • Dec 15Cogeco Inc. to Report Q1, 2024 Results on Jan 11, 2024Cogeco Inc. announced that they will report Q1, 2024 results After-Market on Jan 11, 2024
お知らせ • Dec 12Cogeco Inc. (TSX:CGO) announces an Equity Buyback for 5,969,360 shares, representing 38.2% for CAD 280.02 million.Cogeco Inc. (TSX:CGO) announces a share repurchase program. Under the program, the company will repurchase up to 5,969,360 shares, representing 38.2% for CAD 280.02 million. The shares will be repurchased at a price not more than CAD 46.91 per share. The company will fund CAD 117 million in proceeds resulting from a repurchase for cancellation by Cogeco Communications from Cogeco of CCA SVS at the CCA SVS Price, CAD 73 million will be funded from a sale by Cogeco to CDPQ of CCA SVS at the CCA SVS Price and from its term loan and credit facilities. The shares will be repurchased from Caisse de dépôt et placement du Québec.
Upcoming Dividend • Nov 07Upcoming dividend of CA$0.85 per share at 7.2% yieldEligible shareholders must have bought the stock before 14 November 2023. Payment date: 29 November 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 7.2%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.9%).
お知らせ • Nov 04Cogeco Inc., Annual General Meeting, Jan 11, 2024Cogeco Inc., Annual General Meeting, Jan 11, 2024.
Reported Earnings • Nov 03Full year 2023 earnings released: EPS: CA$4.53 (vs CA$9.43 in FY 2022)Full year 2023 results: EPS: CA$4.53 (down from CA$9.43 in FY 2022). Revenue: CA$3.08b (up 2.9% from FY 2022). Net income: CA$70.6m (down 53% from FY 2022). Profit margin: 2.3% (down from 5.0% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 02Cogeco Inc. Declares Quarterly DividendCogeco Inc. at its November 1, 2023 meeting, the Board of Directors of the company declared a quarterly eligible dividend of $0.854 per share, an increase of 16.8% compared to $0.731 per share last year. With this increase, the dividends per share of the Corporation and Cogeco Communications are now fully aligned.
お知らせ • Sep 29Cogeco Inc. to Report Q4, 2023 Results on Nov 01, 2023Cogeco Inc. announced that they will report Q4, 2023 results After-Market on Nov 01, 2023
お知らせ • Sep 19Cogeco Inc. and Cogeco Communications Inc. Appoints Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Valery Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal Officer, effective September 18, 2023. She will be based at the company's head office in Montreal. Ms. Zamuner is a seasoned executive with outstanding experience in sectors ranging from financial and professional services to media and retail. During her career, she has held positions with ever-increasing responsibility, led key legal functions, piloted landmark mergers and acquisitions, and helped shape the strategies of the companies she has worked for. Her most recent roles include Senior Vice-President, General Counsel and Corporate Secretary for Alimentation Couche-Tard, and Senior Vice-President of Mergers, Acquisitions Strategic Initiatives for Stingray Inc. Ms. Zamuner will lead the Corporate Affairs teams as well as the Legal, Regulatory and Government teams; this will bring together the various fields of expertise related to its key interactions with external stakeholders. Ms. Zamuner holds a law degree from Universite Laval and an MBA from Concordia University. She is a member of the Quebec Bar.
お知らせ • Sep 08Cogeco Inc. and Cogeco Communications Inc. Announces Appointment of Tim Dinesen as Senior Vice-President and Chief Technology OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Tim Dinesen as Senior Vice-President and Chief Technology Officer, effective September 11, 2023. He will be based at the head office in Montreal. Until recently, in addition to his consulting work, he has held management roles at Xplornet, Canadian Tire and Bell Canada, among others. During his career, he has acquired extensive experience of broadband networks, information technologies, mobility and customer operations in Canada and the United States. Mr. Dinesen holds a PhD in Chemical Physics from McGill University and an MBA from Queen's University.
New Risk • Jul 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (20% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).
Reported Earnings • Jul 14Third quarter 2023 earnings released: CA$2.22 loss per share (vs CA$2.38 profit in 3Q 2022)Third quarter 2023 results: CA$2.22 loss per share (down from CA$2.38 profit in 3Q 2022). Revenue: CA$767.6m (up 1.7% from 3Q 2022). Net loss: CA$34.5m (down 192% from profit in 3Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
お知らせ • Jul 14+ 1 more updateCogeco Inc. Declares Quarterly DividendCogeco Inc. announced that at its July 13, 2023 meeting, the Board of Directors declared a quarterly eligible dividend of CAD 0.731 per share, an increase of 17% compared to CAD 0.625 per share in the comparable quarter of fiscal 2022.
お知らせ • Jun 09Cogeco Inc. to Report Q3, 2023 Results on Jul 13, 2023Cogeco Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 13, 2023
Upcoming Dividend • Apr 19Upcoming dividend of CA$0.73 per share at 5.1% yieldEligible shareholders must have bought the stock before 26 April 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.8%).
Reported Earnings • Apr 15Second quarter 2023 earnings released: EPS: CA$2.17 (vs CA$2.30 in 2Q 2022)Second quarter 2023 results: EPS: CA$2.17 (down from CA$2.30 in 2Q 2022). Revenue: CA$757.2m (up 1.2% from 2Q 2022). Net income: CA$33.8m (down 7.8% from 2Q 2022). Profit margin: 4.5% (down from 4.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Director Caroline Papadatos was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €39.20, the stock trades at a trailing P/E ratio of 5.7x. Average forward P/E is 13x in the Media industry in Germany. Total loss to shareholders of 33% over the past three years.
お知らせ • Jan 17Cogeco Inc. Approves Election of Caroline Papadatos as DirectorCogeco Inc. at its AGM held on January 13, 2023 approved election of Caroline Papadatos as director.
Reported Earnings • Jan 13First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: CA$789.7m (up 6.0% from 1Q 2022). Net income: CA$42.1m (up 9.2% from 1Q 2022). Profit margin: 5.3% (up from 5.2% in 1Q 2022). The increase in margin was driven by higher revenue.
お知らせ • Jan 13+ 1 more updateCogeco Inc. Declares Quarterly DividendAt its January 12, 2023 meeting, the Board of Directors of Cogeco Inc. declared a quarterly eligible dividend of $0.731 per share, an increase of 17% compared to $0.625 per share in the comparable quarter of fiscal 2022.
お知らせ • Dec 02+ 1 more updateCogeco Inc. to Report Q1, 2023 Results on Jan 12, 2023Cogeco Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 12, 2023
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Patricia Curadeau-Grou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 05Cogeco Inc., Annual General Meeting, Jan 13, 2023Cogeco Inc., Annual General Meeting, Jan 13, 2023.
Reported Earnings • Oct 28Full year 2022 earnings releasedFull year 2022 results: Revenue: CA$3.00b (up 15% from FY 2021). Net income: CA$149.1m (up 5.1% from FY 2021). Profit margin: 5.0% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses.
Board Change • Sep 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Patricia Curadeau-Grou was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jul 19Upcoming dividend of CA$0.63 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (8.6%).
Reported Earnings • Jul 15Third quarter 2022 earnings released: EPS: CA$2.38 (vs CA$2.17 in 3Q 2021)Third quarter 2022 results: EPS: CA$2.38 (up from CA$2.17 in 3Q 2021). Revenue: CA$754.8m (up 16% from 3Q 2021). Net income: CA$37.5m (up 8.5% from 3Q 2021). Profit margin: 5.0% (down from 5.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.3%, compared to a 9.0% growth forecast for the industry in Germany.
Recent Insider Transactions • May 17Insider recently sold €57k worth of stockOn the 13th of May, Robin Bienenstock sold around 1k shares on-market at roughly €53.76 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €998k more than they bought in the last 12 months.
Upcoming Dividend • Apr 19Upcoming dividend of CA$0.63 per shareEligible shareholders must have bought the stock before 26 April 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (6.0%).
Reported Earnings • Apr 14Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: CA$748.1m (up 14% from 2Q 2021). Net income: CA$36.7m (up 8.7% from 2Q 2021). Profit margin: 4.9% (down from 5.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.6%, compared to a 8.3% growth forecast for the industry in Germany.
Reported Earnings • Jan 14First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: CA$745.3m (up 15% from 1Q 2021). Net income: CA$38.5m (down 4.9% from 1Q 2021). Profit margin: 5.2% (down from 6.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 6.5% growth forecast for the industry in Germany.
Recent Insider Transactions • Nov 18Chairman of the Board recently sold €355k worth of stockOn the 15th of November, Louis Audet sold around 6k shares on-market at roughly €56.24 per share. This was the largest sale by an insider in the last 3 months. This was Louis' only on-market trade for the last 12 months.
Reported Earnings • Nov 12Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: CA$2.60b (up 5.0% from FY 2020). Net income: CA$141.9m (up 11% from FY 2020). Profit margin: 5.4% (up from 5.2% in FY 2020). The increase in margin was driven by higher revenue.
Board Change • Jul 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Patricia Curadeau-Grou was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jul 20Upcoming dividend of CA$0.55 per shareEligible shareholders must have bought the stock before 27 July 2021. Payment date: 11 August 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.0%).
Reported Earnings • Jul 17Third quarter 2021 earnings released: EPS CA$2.17 (vs CA$1.96 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$649.3m (up 3.7% from 3Q 2020). Net income: CA$34.5m (up 11% from 3Q 2020). Profit margin: 5.3% (up from 5.0% in 3Q 2020). The increase in margin was driven by higher revenue.
Upcoming Dividend • Apr 20Upcoming dividend of CA$0.55 per shareEligible shareholders must have bought the stock before 26 April 2021. Payment date: 11 May 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.8%).
Reported Earnings • Apr 15Second quarter 2021 earnings released: EPS CA$2.12 (vs CA$2.19 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CA$653.2m (up 6.9% from 2Q 2020). Net income: CA$33.7m (down 3.5% from 2Q 2020). Profit margin: 5.2% (down from 5.7% in 2Q 2020). The decrease in margin was driven by higher expenses.
Is New 90 Day High Low • Mar 10New 90-day high: €65.00The company is up 24% from its price of €52.50 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 16% over the same period.
Is New 90 Day High Low • Feb 10New 90-day high: €61.00The company is up 21% from its price of €50.50 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 18% over the same period.
Reported Earnings • Jan 20First quarter 2021 earnings released: EPS CA$2.55The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$646.4m (up 4.5% from 1Q 2020). Net income: CA$40.5m (up 29% from 1Q 2020). Profit margin: 6.3% (up from 5.1% in 1Q 2020). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Jan 20New 90-day high: €57.50The company is up 6.0% from its price of €54.00 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 22% over the same period.
Analyst Estimate Surprise Post Earnings • Jan 20Revenue misses expectationsRevenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 4.2%, compared to a 2.8% growth forecast for the Media industry in Germany.
お知らせ • Dec 04Cogeco Inc. to Report Q1, 2021 Results on Jan 14, 2021Cogeco Inc. announced that they will report Q1, 2021 results at 5:00 PM, Eastern Standard Time on Jan 14, 2021
お知らせ • Nov 24Cogeco Inc. and Cogeco Communications Inc. Announces Appointment of Zouheir Mansourati as Senior Vice President and Chief Technology OfficerCogeco Inc. and Cogeco Communications Inc. announced the appointment of Zouheir Mansourati to the position of Senior Vice President and Chief Technology Officer for both companies. Mr. Mansourati has nearly three decades of experience in the telecommunications industry, including thirteen years at Telus where he held several executive positions including Vice President of National Broadband Network Implementation. He started his career at Bell-Northern Research, where he served in many executive roles including product management, customer network planning and business development. Most recently Mr. Mansourati was Chief Customer Officer at Vitruvi, working with their telecommunications network clients. In addition to his strong professional background, Mr. Mansourati holds a Master of Science degree from the Universite Pierre et Marie Curie in Paris, and an M.Sc. and PhD. in mathematics from Queen's University in Kingston, Ontario.
Is New 90 Day High Low • Nov 15New 90-day low: €49.60The company is down 3.0% from its price of €51.00 on 17 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 22% over the same period.
お知らせ • Nov 06Cogeco Inc., Annual General Meeting, Jan 15, 2021Cogeco Inc., Annual General Meeting, Jan 15, 2021.
Upcoming Dividend • Nov 02Upcoming Dividend of CA$0.55 Per ShareWill be paid on the 24th of November to those who are registered shareholders by the 9th of November. The trailing yield of 2.7% is below the top quartile of German dividend payers (3.9%), and is lower than industry peers (4.0%).
Reported Earnings • Oct 30Full year earnings releasedOver the last 12 months the company has reported total profits of CA$128.1m, up 89% from the prior year. Total revenue was CA$2.48b over the last 12 months, up 1.4% from the prior year. Profit margins were 5.2%, which is higher than the 2.8% margin from last year. The increase in margin was primarily driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Oct 30Annual earnings released: Revenue misses expectationsAnnual revenue missed analyst estimates by 0.1% at CA$2.48b. Revenue is forecast to grow 3.7% over the next year, while the growth in Media industry in Germany is expected to stay flat.
お知らせ • Oct 19Altice USA, Inc. (NYSE:ATUS) cancelled the acquisition of Cogeco Inc. (TSX:CGO) from Gestion Audem, Inc. and other shareholders for CAD 2 billion.Altice USA, Inc. (NYSE:ATUS) made an offer to acquire Cogeco Inc. (TSX:CGO) from Gestion Audem, Inc. and other shareholders for CAD 1.7 billion on September 1, 2020. The aggregate all-cash consideration offered for all of the outstanding shares of Cogeco Inc. and Cogeco Communications Inc., including those owned by Rogers, is approximately CAD 10.3 billion. In a related transaction, Altice USA made an offer to acquire Cogeco Communications Inc. for CAD 134.22 per share and also Altice USA, Inc. entered into an arrangement to sell all the Canadian assets of Cogeco Inc. And Cogeco Communications Inc. to Rogers Communications Inc. (TSX:RCI.B) for CAD 4.8 billion if its transaction with Cogeco Inc. and Cogeco Communications Inc. is completed. Upon completion of the transactions, Altice USA, Inc. will own all the U.S. assets of Cogeco Inc. and Cogeco Communications Inc. Gestion Audem, Inc. owns 100% of the multiple voting shares of Cogeco Inc. and approximately 0.9% of subordinate voting shares of Cogeco Inc. Gestion Audem, Inc. will receive CAD 800 million as consideration. The rest of shareholders of subordinate voting shares of Cogeco Inc. will receive CAD 106.53 per share. Rogers Communications owns 41% of the outstanding subordinate voting shares of Cogeco Inc. and 33% of subordinate voting shares of Cogeco Communications Inc. The transaction is subject to completing confirmatory due diligence, entrance into definitive transaction agreements with Cogeco and the receipt of customary shareholder, corporate and regulatory approvals. As of September 2, 2020, Gestion Audem rejected the proposal. The independent members of Boards of Directors of Cogeco Inc. and Cogeco Communications Inc. rejected the proposal on September 2, 2020. As of October 18, 2020, Altice USA has presented a revised and enhanced offer. Shareholders of Cogeco Inc. will receive CAD 123 per share and Gestion Audem will receive CAD 900 million for for their holding. The transactions are expected to close within six to nine months after signing the definitive agreements, following receipt of necessary approvals. Altice USA, Inc. (NYSE:ATUS) cancelled the acquisition of Cogeco Inc. (TSX:CGO) from Gestion Audem, Inc. and other shareholders for CAD 2 billion on October 18, 2020. The independent members of Boards of Directors of Cogeco Inc. and Cogeco Communications Inc. rejected the proposal on September 2, 2020. Gestion Audem has unanimously rejected the second hostile proposal.
お知らせ • Sep 25Cogeco Inc. to Report Q4, 2020 Results on Oct 27, 2020Cogeco Inc. announced that they will report Q4, 2020 results on Oct 27, 2020
お知らせ • Sep 22Rogers Communications Inc. (TSX:RCI.B) entered into an agreement to acquire All the Canadian Assets of Cogeco Inc. And Cogeco Communications Inc. for CAD 4.8 billion.Rogers Communications Inc. (TSX:RCI.B) made non-binding proposal to acquire All the Canadian Assets of Cogeco Inc. And Cogeco Communications Inc. for CAD 4.8 billion on September 1, 2020. The consideration will be paid in cash. Rogers Communications entered into an arrangement with Altice USA, Inc. to acquire all the Canadian assets of Cogeco, if its transaction with Cogeco is completed. In a related deal, Altice USA made an all-cash offer to purchase all of the outstanding shares of Cogeco Inc. and Cogeco Communications Inc. Upon successful completion of a Cogeco transaction, Rogers would ensure that Cogeco’s headquarters and management team remain in the province, including the operations of the company’s Quebec based media assets. Rogers and Altice USA are confident that if the offer is accepted, the transaction will receive all required regulatory approvals on a timely basis. The transaction is conditional upon completion of the Altice USA offer to acquire Cogeco Inc., offer has been submitted to review by Board of Directors of Cogeco And Cogeco Communications. As of September 2, 2020, the independent members of their Boards of Directors of Cogeco and Cogeco Communications have rejected the offer. Additionally, Gestion Audem Inc. has already indicated that it does not intend to sell its shares and will not support the proposal. The transaction is expected to close within six to nine months after signing definitive agreements, following receipt of necessary approvals. The Bank of Nova Scotia acted as financial advisor to Rogers Communications Inc.