Shaw Communications (SJR) Reports Q3 EPS of C$0.35
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Shaw Announces Third Quarter and Year-to-Date Fiscal 2020 Results
July 10, 2020 4:30 PM EDTSolid third quarter financial performance amidst the COVID-19 pandemic showcases critical nature of robust connectivity infrastructure and overall business resiliency during period of significant economic uncertaintyConsolidated adjusted EBITDA1 improved 15.3% year-over-year, including the impact of IFRS 16 in fiscal 2020; strong year-to-date Free Cash Flow1 of approximately $595 million represents 20.2% growth over fiscal 2019Strong Wireless financial performance with service revenue growth of 17.0% and adjusted EBITDA growth of 90.6%, including the impact of IFRS 16, demonstrates considerable operating leverage as the pandemic, store closures and social distancing restrictions resulted in temporary pause in... More
