Quebecor Class B ( (QBCRF) ) has released its Q1 earnings. Here is a breakdown of the information Quebecor Class B presented to its investors.
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Quebecor Inc., a leading Canadian telecommunications and media company, reported its financial results for the first quarter of 2025. The company operates in the telecommunications, media, and sports and entertainment sectors, offering a diverse range of services and products.
In the first quarter of 2025, Quebecor reported cash flows from operating activities of $420.2 million, marking an 8.1% increase from the previous year. However, the company’s total revenues decreased by 1.4% to $1.34 billion. Adjusted EBITDA saw a slight decline of 1.8%, primarily due to a significant increase in stock-based compensation charges. Notably, the telecommunications segment showed resilience with a 1.0% increase in adjusted EBITDA.
Quebecor’s net income attributable to shareholders rose by 10.1% to $190.7 million, while adjusted income from operating activities increased by 13.5%. The company also reported a decrease in its consolidated net debt leverage ratio to 3.26x, maintaining its position as the lowest among major Canadian telecommunications providers. Strategic initiatives included the rollout of 5G+ technology across Freedom Mobile’s network and the expansion of Videotron’s wireless services.
Looking ahead, Quebecor remains focused on expanding its network capabilities and enhancing customer experience. The company continues to invest in innovative technologies and strategic expansions, aiming to strengthen its market position and deliver long-term value to shareholders.