U.S. cable division drives Cogeco’s 2016

MONTREAL – For the fourth quarter of fiscal 2016, revenue at Cogeco Inc. increased by $18 million, or 3.2%, to reach $572 million driven by growth in the communications segment mainly through the improvement of its American broadband services operations, the company said in a press release announcing its Q4 and fiscal 2016 year-end results.Adjusted EBITDA increased by 5.6% to reach $258.3 million compared to the same period of fiscal 2015 mainly as a result of the improvement in the Communications segment and profit for the period amounted to $80.7 million, compared to profit for the period of $78.5 million...