Rogers Communications Reports Second Quarter 2025 Results
News Source : Financial Post
News Summary
- Rogers delivers strong results and completion of transformational investments in the second quarter.
- Delivers strong balance sheet management with accelerated deleveraging; June 30 debt leverage ratio of 3.6x1, improved by almost one full turn since the beginning of the year.Becomes 75% majority owner of iconic Maple Leaf Sports & Entertainment with successful July 1 closing of additional 37.5% ownership stake acquisition.
- Company updates 2025 outlook to reflect MLSE acquisition, completion of equity investment for remaining six months of 2025.
Cable The decreases in capital expenditures in Cable this quarter and year to date were a result of prioritizing our capital investments and striving to recognize capital efficiencies. Capital expend [+48890 chars]