Quebecor Inc. Financial Highlights and Strategic Decisions
Quebecor Inc., a prominent player in Canada’s communication services sector, has recently reported its financial results for the second quarter of 2025, showcasing a notable profit increase and strategic decisions regarding its assets.
On August 7, 2025, Quebecor announced a second-quarter profit of $217.7 million, marking a significant rise from the previous year. This financial performance was detailed in a press release by PR Newswire, highlighting the company’s robust operational cash flows and strategic financial management.
The company recorded cash flows provided by operating activities amounting to $538.0 million, a substantial increase of $146.4 million (37.4%) compared to the same quarter in 2024. Despite a slight decrease in revenues by $6.5 million (0.5%) to $1.38 billion, Quebecor’s adjusted EBITDA stood at $605.1 million, down $19.8 million (3.2%). This decline was primarily attributed to a $24.2 million increase in stock-based compensation charges. Excluding this accounting charge, adjusted EBITDA saw a modest increase of $4.4 million (0.7%).
The Telecommunications segment of Quebecor demonstrated resilience, with adjusted EBITDA rising by $1.4 million (0.2%), or $8.8 million (1.4%) when excluding the stock-based compensation impact. Revenues within this segment remained stable, and adjusted cash flows from operations increased by $13.7 million (3.1%).
In a strategic move, Quebecor’s CEO, Pierre Karl Peladeau, announced that the company has no plans to sell its cellphone towers, diverging from competitor Telus’s approach. Peladeau described the sale of cell towers as a “quick-fix” strategy, indicating Quebecor’s commitment to maintaining its telecommunications infrastructure.
Quebecor’s market capitalization stands at 9.01 billion CAD, with a price-to-earnings ratio of 11.84. The company’s close price on July 31, 2025, was 38.95 CAD, with a 52-week high of 41.99 CAD and a low of 30.02 CAD.
These developments underscore Quebecor’s strategic focus on sustaining its telecommunications and media operations while navigating the competitive landscape of the communication services sector.