Quebecor Inc. Q1 profit increased to $173.2M, driven by Freedom Mobile acquisition, while adjusted income rose to 71 cents per share.
Quebecor Inc. reported a Q1 profit increase, with net income attributable to shareholders totalling $173.2 million, up from $120.9 million in the previous year. Revenue reached $1.36 billion, boosted by the acquisition of Freedom Mobile in April 2023. The company's adjusted income from operating activities rose to 71 cents per share, up from 59 cents per share in the same quarter last year. Quebecor also announced the appointment of Sylvie Lalande as its new board chair.
May 09, 2024
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