Radio & Television

Solid ’05 at Astral

MONTREAL – Radio and specialty TV company Astral Media reported in a pretty strong fiscal 2005 today. Net earnings for the year increased 14% over last year to $104.4 million. Q4 net earnings saw a rise of 2% to $28.3 million. Consolidated revenues totalled $549.6 million for the year, an increase of 6% over 2004. Consolidated revenues were $140 million in Q4 ’05, up 6% compared to last year’s fourth quarter. EBITDA for the year increased 12% to $172.6 million and was up 8% to $46.4 million in the fourth quarter. “This increase reflects growth across all business units,” says...