Cogeco Inc. (CGO) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

. . . Thank you. Thank you for watching. . . . . Thank you. . . . . Thank you. Good day and welcome to Cogeco Inc. and Cogeco Communications Inc. Q3 2026 earnings conference call. Today's conference is being recorded. At this time, I would like to turn the conference over to Mr. Patrice Ouimet, Chief Financial Officer of Codico Inc. and Codico Communications Inc. Please go ahead, Mr. Ouimet. Thank you. So, good morning and welcome to our third quarter results conference call. So, as usual, before we begin the call, I'd like to remind listeners that today's discussion will include estimates and other forward-looking information. We ask that you review the cautionary language in the press releases and the MD&A issued yesterday, as well as in our annual reports regarding the various risks, assumptions, and uncertainties that could cause our actual results to differ. And with that, I'll pass the line to Fred Perron for opening remarks. Thank you, Patrice. Good morning, everyone. This quarter at Cogeco Communications, we generated $169 million in free cash flow for a cumulative total of $450 million. million dollars in free cash flow after only three quarters thanks to our transformation initiatives and tight capital allocation discipline. Our Canadian performance remains strong with positive year on year growth in adjusted EBITDA for a third consecutive quarter. We keep growing our Canadian customer base and have been able to pull back on some of our promotional intensity in light of calmer market conditions. Our Auxio digital business keeps performing well with very high customer satisfaction and referral rates. Our wireless sales remain ahead of plan and we're seeing a clear churn benefit from fixed mobile convergence. That churn benefit is not yet visible in our overa...