Cogeco Communications reports CAD 450 million in free cash flow over three quarters, driven by cost discipline and Canadian growth.
Cogeco Communications generated CAD 169 million in free cash flow during Q3 2026, bringing its nine-month total to CAD 450 million. Executives attributed the performance to transformation initiatives and disciplined capital spending, though U.S. cable operations faced ongoing pressure.
The company maintained its fiscal 2026 financial guidance for Cogeco Communications, adjusting only its current income tax expense assumption. Canadian operations saw a third consecutive quarter of year-over-year adjusted EBITDA growth, with customer base expansion and reduced promotional intensity.
Cogeco also highlighted strong performance at its digital business, Oxio, citing high customer satisfaction and referrals. The company reiterated guidance issued in April for Cogeco Inc.