Quebecor Inc
TSX:QBR.B

Watchlist Manager
Quebecor Inc Logo
Quebecor Inc
TSX:QBR.B
Watchlist
Price: 51.35 CAD 0.35% Market Closed
Market Cap: 11.8B CAD

Quebecor Inc
Investor Relations

Quebecor Inc., a Montreal-based communications giant, has been weaving its narrative through the tapestry of Canadian media and telecommunications for decades. Founded in 1965 by Pierre Péladeau, the company initially found its foothold in the publishing world, launching its journey with the acquisition of Le Journal de Montréal. Over the years, Quebecor strategically diversified, establishing a formidable presence in both the telecommunications and media sectors. Through its subsidiary Videotron, Quebecor offers wireless communication services, internet, cable television, and host infrastructure, which form the backbone of its revenue streams. This integration of services not only enhances customer experience but also ensures a steady and significant cash flow, grounding Quebecor's financial stability.

Quebecor's narrative is about more than just telecommunications; it is also a major player in multimedia production, television broadcasting, and news publication. With brands like TVA Group, the company has a strong foothold in Quebec's media landscape, producing and distributing content that resonates with its culturally distinct audience. By controlling both the content and the means of distribution, Quebecor creates synergy, maximizing its influence and market penetration. This dual approach of leveraging both cutting-edge technology and culturally relevant content allows Quebecor to maintain its competitive edge, making it not just a business, but a powerhouse of connectivity and culture in Canada.

Show more
Loading
QBR.B
S&P TSX Composite Index (Canada)
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2023
Call Date
Aug 10, 2023
AI Summary
Q2 2023

Freedom Mobile Integration: Quebecor closed its acquisition of Freedom Mobile on April 3, 2023, with the first quarter of consolidated results showing significant positive financial impact.

Revenue Growth: Consolidated revenue rose 25% to $1.4 billion, driven mainly by the Freedom Mobile acquisition.

Strong Cash Flow: Cash flow from operations grew 26% year-over-year to $455 million, enabling the company to begin paying down debt.

Telecom Performance: The Telecom segment saw a 25% increase in EBITDA to $608 million and a 32% rise in revenue to $1.2 billion.

Wireless Net Adds: Quebecor recorded 49,000 wireless net additions in Q2, with the wireless customer base doubling to 3.6 million RGUs due to Freedom.

CRTC Regulatory Win: The CRTC sided with Quebecor in a dispute over wireless roaming rates, which management believes will enhance competition and affordability.

Media Segment Challenges: Media revenue declined 4% to $180 million amid a tough TV advertising market, although Quebecor maintained a leading audience share in Quebec.

5G and Network Expansion: 5G services were launched on July 27, and network investments continued, particularly related to the Freedom Mobile acquisition.

Key Financials
Revenue
$1.4 billion
Telecom Revenue
$1.2 billion
Media Revenue
$180 million
Sports and Entertainment Revenue
$49 million
EBITDA
$605 million
Telecom EBITDA
$608 million
Wireless EBITDA
$251 million
EBITDA Margin (Telecom)
51%
Cash Flow from Operations
$455 million
Telecom Cash Flow from Operations
$462 million
Net Income Attributable to Shareholders
$174 million
EPS
$0.75
Adjusted Income from Continuing Operations
$182 million
Adjusted EPS from Continuing Operations
$0.79
Wireless Net Adds
49,000
Wireless RGUs
3.6 million
Net Debt to EBITDA
3.52x
Available Liquidity
$1.6 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. Pierre Karl Peladeau
CEO & President
No Bio Available
Mr. Hugues Simard
Chief Financial Officer
No Bio Available
Mr. Jean B. Peladeau
Non-Independent Director
No Bio Available
Mr. Mohamed Drif
Senior VP & CTO of Videotron
No Bio Available
Mr. Jean-Francois Lescadres
Vice President of Finance - Videotron
No Bio Available
Mr. Jonathan Lee Hickey
Senior VP of Legal Affairs & Corporate Secretary
No Bio Available
Ms. Lyne Robitaille
Senior VP of Newspapers, Books & Magazines and President & Publisher of Le Journal de Montréal
No Bio Available
Mr. Martin Tremblay
Chief Operating Officer of Sports & Entertainment Group
No Bio Available
Mr. Patrick Jutras
President of MELS & Chief Advertising Officer
No Bio Available
Mr. Denis Sabourin CPA, CA
VP & Corporate Controller
No Bio Available

Contacts

Address
QUEBEC
MONTREAL
612 RUE Saint-Jacques
Contacts
+15143801858.0
www.quebecor.com