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Rogers Sugar Inc.: Conference Call – 3rd Quarter 2024 Results
GlobeNewswire News Room· 2024-07-18 20:59
If you wish to participate, please dial 1-800-717-1738. A recording of the conference call will be accessible shortly after the conference, by dialing 1-877-674-7070, access code 30571#. This recording will be available until August 8, 2025. VANCOUVER, British Columbia, July 18, 2024 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (RSI) will be holding a conference call to discuss their 2024 third quarter results on Thursday, August 8, 2024, at 17h30 (Eastern Time). The discussion along with a presentation will be ac ...
Rogers offers Disney+ to Rogers TV customers at no additional cost
GlobeNewswire News Room· 2024-06-25 15:01
Group 1: Disney+ Overview - Disney+ serves as the streaming platform for a variety of content including movies and shows from Disney, Pixar, Marvel, Star Wars, and National Geographic, along with exclusive original programs and documentaries [1][5] - The platform features popular series such as The Kardashians, Criminal Minds: Evolution, and Doctor Who, with upcoming premieres including FX's The Bear Season 3 on June 27, Bluey Minisodes on July 3, and Only Murders in the Building Season 4 on August 27 [1] Group 2: Rogers Communications Partnership - Rogers Communications has integrated the ad-supported version of Disney+ into its TV packages at no additional cost for its customers, enhancing the value of its entertainment offerings [3] - This partnership aims to provide Rogers video subscribers with a comprehensive entertainment package that combines sports and iconic Disney content [3][6] - Rogers is recognized as a leading wireless, cable, and media company in Canada, publicly traded on both the Toronto Stock Exchange and the New York Stock Exchange [2]
Rogers Communications 2Q24 Investment Community Teleconference July 24, 2024 at 8:00 a.m. ET
GlobeNewswire News Room· 2024-06-24 20:15
TORONTO, June 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) plans to release its second quarter 2024 financial results on Wednesday, July 24, 2024, before North American financial markets open. The results will be distributed by newswire and posted at investors.rogers.com. Rogers' management will host its quarterly teleconference with the investment community to discuss the results and outlook at 8:00 a.m. ET. A live webcast of the teleconference will be availabl ...
Canadian DJ Duo Loud Luxury and Rock Band The Beaches to Headline Rogers Festival at the Final Concert for Game 6 in ICE District
GlobeNewswire News Room· 2024-06-20 22:30
Special concert viewing will be reserved for Rogers customers OEG Sports & Entertainment and Rogers to Co-Host Free Concert in Fan Park @ ICE District Before Game 6 EDMONTON, Alberta, June 20, 2024 (GLOBE NEWSWIRE) -- OEG Sports and Entertainment (OEGSE) and Rogers today announced that Canadian DJ duo Loud Luxury and Canadian rock band The Beaches will be headlining the Rogers Festival at the Final prior to Game 6 with a free performance in ICE District to celebrate the 2024 Stanley Cup Final between the Ed ...
Rogers inks blockbuster deals with NBCUniversal and Warner Bros. Discovery
GlobeNewswire News Room· 2024-06-10 14:00
Solidifies Rogers as the home of sports and entertainment in Canada Starting September 2024, the company is launching NBCUniversal's Bravo channel in Canada and will become the English-language television content rights holder in Canada, featuring the best of unscripted programming, which will include new seasons of Bravo's hit franchise series. "We're already home to Canada's #1 sports network, and these partnerships solidify our leadership in entertainment with a diverse media portfolio of TV's most iconi ...
Rogers Brings More Star Power to Citytv Canadian Hits
GlobeNewswire News Room· 2024-06-10 13:30
Programming Developments - Citytv's 1 show in over a decade, Law & Order Toronto: Criminal Intent, has been renewed for two seasons, with production starting in July and premieres set for early 2025 [1][2] - Canada's Got Talent returns for its fourth season, featuring Shania Twain and Katherine Ryan as judges, with production beginning in fall 2024 and a premiere in Spring 2025 [6][8] - Hudson & Rex, a popular cop-and-canine duo series, is set to return for its seventh season, with production starting this month and a premiere in early 2025 [9] Investment in Canadian Content - Over the last decade, Rogers has invested $6.9 billion in Canadian content, reinforcing its commitment to delivering quality programming to Canadians [3][13] Expansion of News Services - CityNews 24/7, currently serving Ontario and British Columbia, will expand its news service to Alberta starting in July, enhancing local news coverage [11] New Lifestyle Programming - A new Breakfast Television lifestyle show will debut this fall, hosted by Cheryl Hickey and Tracy Moore, featuring lifestyle content and in-depth conversations [10]
Rogers Sugar announces the publication of its 2023 Environmental, Social and Governance Report
globenewswire.com· 2024-05-21 21:01
Core Insights - Rogers Sugar Inc. has published its 2023 Environmental, Social and Governance (ESG) report, which is available on its website [1] Company Overview - Rogers Sugar Inc. is a Canadian corporation that owns all common shares of Lantic, with its administrative office located in Montréal, Québec [2] - Lantic operates cane sugar refineries in Montréal and Vancouver, and the only sugar beet processing facility in Taber, Alberta, along with a distribution center in Toronto [2] - Lantic's sugar products are marketed under the "Lantic" brand in Eastern Canada and the "Rogers" brand in Western Canada, including various types of sugars and specialty syrups [2] - Lantic also owns The Maple Treat Corporation, which operates bottling plants in Québec and Vermont, producing maple syrup and related products sold in approximately fifty countries [2]
Rogers (ROG) - 2024 Q1 - Earnings Call Transcript
2024-04-26 02:50
Financial Data and Key Metrics Changes - Sales for Q1 2024 were $213 million, an increase of approximately 4% from the prior quarter, nearing the top end of guidance expectations [24][37] - Adjusted EPS was $0.58, slightly down from $0.60 in the prior quarter, primarily due to higher income tax expenses [43] - Gross margin was 32%, at the low end of the range, with expectations for improvement to above 35% later in the year as volumes stabilize [25][40] Business Line Data and Key Metrics Changes - Aerospace and Defense (A&D) sales increased by 4.1% to $122 million, driven by demand for high-frequency circuit materials [37][28] - EMS revenues rose by 3% to $86 million, supported by higher demand in general industrial and commercial aerospace [39] - EV/HEV sales declined in Q1, with curamik sales affected by customer inventory management, but EMS EV sales reached a new quarterly record [26][10] Market Data and Key Metrics Changes - Industrial sales improved at a high single-digit rate, indicating recovery in the industrial market [29] - Wireless infrastructure sales improved due to stronger demand in India, expected to continue into Q3 [29] - Portable electronics demand declined due to normal seasonality, but a rebound is anticipated in the second half of the year [32][52] Company Strategy and Development Direction - The company is focused on executing strategic growth plans, including funding R&D and innovation initiatives while managing costs and capital expenditures [12][33] - A balanced approach to innovation is being adopted, with a focus on short, medium, and long-term projects to ensure continuous growth [19][85] - The company is actively managing its balance sheet and capital allocation, prioritizing organic growth and opportunistic share buybacks [46][103] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving end market demand, particularly in industrial sectors, and expects Q1 sales to be the low point for the year [5][4] - There are still challenges in certain segments, particularly in the EV/HEV market, but long-term growth opportunities remain strong [32][73] - The company is committed to improving gross margins and managing operating expenses while preparing for anticipated demand recovery [36][49] Other Important Information - The company has a strong cash position, with $117 million in cash at the end of Q1, and plans to adjust capital expenditures to match anticipated demand [44][45] - The guidance for Q2 includes expected net sales between $210 million and $220 million, with gross margins projected to improve to 32.5% to 33.5% [47][49] Q&A Session Summary Question: Can you provide further color on the industrial market recovery? - Management noted recovery in the industrial market, particularly in the U.S., with inventory corrections positively impacting sales [53][60] Question: What contributes to the potential for 35% gross margins at $230 million in sales in Q3? - Management indicated that improvements in cost management and a favorable product mix would contribute to achieving this margin [62][64] Question: How do you see the growth trajectory of AES and EMS segments? - Management believes both segments could grow at similar rates, but current inventory issues in the EV/HEV space may cause temporary divergence [70][72] Question: What is the company's approach to managing working capital? - The company is focused on reducing inventory levels that built up during supply chain challenges and is committed to managing working capital effectively [78][79] Question: How has the company's strategy shifted in response to regulatory changes regarding PFAS? - Management is actively addressing PFAS regulations and ensuring compliance while continuing to innovate with non-PTFE technologies [81][83]
Rogers (ROG) - 2024 Q1 - Quarterly Report
2024-04-25 22:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-Q _______________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number 1-4347 _______________________________ ROGERS C ...
Rogers (ROG) - 2024 Q1 - Earnings Call Presentation
2024-04-25 21:25
Q1 2024: Adjusted Earnings Per Diluted Share Reconciliation Q1 2024 Q4 2023 | --- | --- | --- | |------------------------------------------------------------------------|---------|---------| | GAAP Earnings Per Diluted Share | $0.42 | $1.24 | | Acquisitions and Divestiture Related Costs: | | | | Acquisition and Related Integration Costs | - | - | | Dispositions | - | $0.06 | | Intangible Amortization | $0.17 | $0.18 | | (Gain) Loss on Sale or Disposal of PPE | - | ($0.10) | | Restructuring, Business Realign ...