Cogeco Inc. (CGECF) Q2 2025 Earnings Call Transcript

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Cogeco Inc. ( OTCPK:CGECF ) Q2 2025 Earnings Conference Call April 10, 2025 11:00 AM ET Company Participants Patrice Ouimet - CFO Frederic Perron - President and CEO Conference Call Participants Maher Yaghi - Scotiabank Aravinda Galappatthige - Canaccord Genuity Inc. Vince Valentini - TD Cowen Drew McReynolds - RBC Stephanie Price - CIBC Jerome Dubreuil - Desjardins Matthew Griffiths - Bank of America Operator Good day and welcome to Cogeco Inc.

and Cogeco Communications Inc. Q2 2025 Earnings Conference Call. Today's conference is being recorded.



At this time, I would like to turn the conference over to Mr. Patrice Ouimet, Chief Financial Officer of Cogeco Inc. and Cogeco Communications Inc.

Please go ahead, Mr. Ouimet. Patrice Ouimet Thank you.

So good morning everyone. Welcome to our second 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 MD&A issued yesterday, as well as in their Annual Reports regarding the various risks, assumptions, and uncertainties that could cause actual results to differ. With that, I will now pass the line to Fred Perron for opening remarks. Frederic Perron Thank you, Patrice, and good morning, everyone.

We're pleased to share our Q2 results today and also provide an update on our transformation. As a reminder, our plan is to create additional shareholder value by increasing our cash flow, sustaining our dividend growth, and reducing our debt with the option of also resuming share buybacks at 1 point in the future. Now more specifically, we expect free cash flow to grow materially over the next two years and let me be clear, this is not just an aspiration, it's a plan.

This increase in cash flow will be.