Shaw Communications (SJR) Tops Q4 EPS by 12c, Revenues Beat

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Shaw Announces Fourth Quarter and Full Year Fiscal 2020 ResultsĀ and Provides Outlook on Fiscal 2021

October 30, 2020 8:01 AM EDT

Fiscal 2020 consolidated results were resilient and in line with guidance, including adjusted EBITDA growth of 3.7% (pre-IFRS 16) and free cash flow1 of $747 million, notwithstanding the significant uncertainty arising from the COVID-19 pandemicDespite the intense wireless competitive environment, the launch of Shaw Mobile resonated with western Canadians, contributing to strong fourth quarter Wireless net additions of approximately 60,000 Sustained wireless momentum with fourth quarter service revenue growth of 14.7% and... More