Cogeco Inc. (CGO:CA) Q3 2026 Earnings Call Transcript

Good day, and welcome to Cogeco Inc. and Cogeco Communications Inc. Q3 2026 Earnings Conference Call. Today's conference is being recorded.

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.

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.

Good morning, everyone. This quarter at Cogeco Communications, we generated $169 million in free cash flow for a cumulative total of $450 million in free cash flow after only 3 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