COGECO Q4 Profit Rises, Backs 2015 Outlook - Quick Facts

(RTTNews) - COGECO, Inc. (CGO.TO), a diversified holding corporation, reported fourth-quarter profit attributable to owners of the corporation of $15.77 million or $0.94 per share, higher than $13.87 million or $0.82 per share in the prior-year quarter.

Revenues for the quarter grew 3.9 percent to $524.52 million from $504.71 million in the same quarter last year.

Looking ahead to fiscal 2015, the company continues to expect revenues of 2.19 billion and adjusted EBITDA should reach $945 million.

COGECO also declared a 15.9 percent higher quarterly eligible dividend of $0.255 per share, payable to the holders of subordinate and multiple voting shares.