Group 1 - Eric is part of the investment team at RBC Insurance, focusing on real assets, financials, and insurance [1] - He holds a Master's degree in Financial Economics from the University of Western Ontario and has completed all three levels of the CFA program [1] - Currently, Eric is gaining the necessary work experience to obtain the CFA charter [1]

Core Points - The 4 Nations Face-Off 50/50 raffle aims to make hockey more accessible in Quebec, with proceeds benefiting Sun Youth, a Montreal-based organization supporting children and families in need [1][2][4] - Rogers Communications, the NHL, and the NHLPA have jointly contributed $50,000 to kickstart the 50/50 jackpot, encouraging participation from fans in Quebec [2][5] - Raffle tickets are available for purchase from February 11 to 15, 2025, both online and in-arena, with the total prize announced after the final game [5] Company Contributions - Rogers Communications emphasizes its commitment to investing in Quebec and positively impacting communities through sports [3] - The NHL expresses enthusiasm for partnering with Rogers and the NHLPA to support community initiatives and inspire future hockey fans [5] - The NHLPA highlights its long-standing tradition of giving back to the hockey community through various programs, including the NHLPA Goals & Dreams fund [5][9] Community Impact - Sun Youth has been a vital part of the Montreal community for over 70 years, providing essential services and programs to underprivileged youth and families [4][10] - The funds raised through the raffle will help remove financial barriers to hockey, allowing more local youth to participate in the sport [2][4] - The initiative aims to foster inclusion and opportunity for deserving youth in Montreal through hockey [4][5]

Core Insights - Rogers Sugar Inc. reported strong first quarter fiscal 2025 results, with consolidated adjusted EBITDA increasing by 29% to $39.6 million [1][3] - The company achieved profitable growth in both Sugar and Maple segments, driven by higher revenues, margins, and free cash flow [2][3] Financial Performance - Consolidated revenues for Q1 2025 were $323.2 million, a 12% increase from $288.7 million in Q1 2024, primarily due to higher average pricing and increased sales volumes [3][7] - Adjusted net earnings for Q1 2025 were $19.5 million or $0.15 per share, compared to $12.6 million or $0.12 per share in the same period last year [3][10] - Free cash flow for the trailing twelve months ended December 28, 2024, was $86.2 million, an increase of $41.9 million from the previous year [3][10] Sugar Segment Highlights - Sugar segment revenues increased to $256.8 million in Q1 2025 from $229.8 million in Q1 2024, with adjusted EBITDA rising by $7.9 million [5][9] - Sales volumes in the Sugar segment reached 196,100 metric tonnes, up 13,700 metric tonnes from the previous year, recovering from prior labor disruptions [7][11] - Adjusted gross margin for the Sugar segment was $44.1 million, an increase of $7.9 million year-over-year, driven by higher sales volumes and improved performance [9][12] Maple Segment Highlights - Maple segment revenues rose to $66.4 million in Q1 2025 from $58.9 million in Q1 2024, with adjusted EBITDA increasing to $5.7 million [15][18] - Total sales volume for the Maple segment was 13,400 thousand pounds, reflecting a strong recovery from the previous year [15][16] - Adjusted gross margin percentage for the Maple segment improved to 11.5% from 10.3% year-over-year, indicating better operational efficiency [18][34] LEAP Project - The LEAP Project aims to add approximately 100,000 metric tonnes of refined sugar capacity, with a total estimated cost between $280 million and $300 million [19][21] - As of December 28, 2024, $73.5 million has been capitalized for the LEAP Project, with $19.7 million spent in Q1 2025 [22][21] - The project is expected to be operational by the end of 2026, enhancing the company's logistics and refining capabilities [19][20] Outlook - The company anticipates continued strong performance in both Sugar and Maple segments for fiscal 2025, despite potential adverse impacts from US tariffs [24][25] - Sales volume for the Sugar segment is expected to reach approximately 800,000 metric tonnes, representing over 5% growth year-over-year [28][27] - The Maple segment is projected to grow by approximately 5% in sales volume, supported by a strong 2024 crop [34][35]

Rogers Communications (RCI) reported fourth-quarter 2024 adjusted earnings of $1.04 per share, which beat the Zacks Consensus Estimate by 9.47% and increased 19.54% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $3.92 billion beat the consensus mark by 4.08% and declined 0.03% year over year.In domestic currency (Canadian dollar), adjusted earnings increased 23% year over year to C$1.46 per share. Total revenues increased 3% year over year, reaching C$5.48 ...

TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Rogers Communications (TSX: RCI.A and RCI.B) (NYSE: RCI) today announced it has received clearance from the Competition Bureau to proceed with the acquisition of Bell’s 37.5% stake in Maple Leaf Sports & Entertainment. Rogers and Bell received a "no-action letter" on December 12, 2024, from the Bureau, indicating that the Commissioner of Competition does not intend to challenge Rogers acquisition of Bell’s interest in MLSE. The deal is subject to league approvals a ...

CALGARY, Alberta, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Rogers Charity Classic announced today that the 12th annual tournament raised a record-breaking $25.4 million to support children’s charities across Alberta. The staggering amount surpasses last year’s fundraising total by more than $6 million and brings the total raised since the tournament’s inception to $137.7 million.   “We are proud to make a positive impact on more children and families across Alberta with this record-breaking fundraising effort in ...

Group 1 - Gray Television, Inc. announced the appointment of Derek Rogers as the General Manager and Director of Sales for KXII (CBS) and FXII (FOX) in Sherman, Texas, effective January 6, 2025, succeeding Rick Dean who is retiring after 39 years [1] - Derek Rogers has over 25 years of experience in the media industry, previously serving as General Manager at WCBI in Columbus-Tupelo, Mississippi, and has held various roles including production manager and promotions director [2] - Gray Media is the largest owner of top-rated local television stations in the U.S., operating in 113 television markets and reaching approximately 36 percent of U.S. television households [3] Group 2 - Gray Media's portfolio includes 77 markets with the top-rated television station and 100 markets with the first and/or second highest rated television station, as well as the largest Telemundo Affiliate group with 43 markets [3] - The company also owns Gray Digital Media, which provides digital marketing strategies and services, along with video production companies and studio facilities [3]

I'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on capital, and can compound their invested capital over long periods of time.Analyst’s Disclosure: I/we have a beneficial long position in the shares of RCI.B:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it e ...

THIS MEDIA RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Nov. 28, 2024 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (RSI) announces that its Board of Directors has authorized a declaration of a quarterly dividend of $0.09 per share to be paid to shareholders of record on December 27, 2024, payable on January 9, 2025. This is an eligible dividend for income tax purposes. For further information: Mr. Jean-Sébastien CouillardVice President ...

Core Insights - Rogers Sugar Inc. reported a consolidated adjusted EBITDA of $38.3 million for Q4 2024 and $141.6 million for the fiscal year, marking a 28% increase from the previous year [3][4] - The company achieved a third consecutive year of improved profitability, driven by strong performance in both the Sugar and Maple segments [2][3] - The LEAP Project, aimed at expanding production and logistics capacity in Eastern Canada, is expected to cost between $280 million and $300 million, reflecting a 40% to 50% increase over initial estimates [4][23] Financial Performance - Consolidated revenues for fiscal 2024 reached $1.2 billion, a 12% increase compared to the previous year, primarily due to higher average pricing in the Sugar segment and increased sales volume in the Maple segment [3][4] - Adjusted net earnings for fiscal 2024 were $66.7 million, or $0.56 per share, compared to $44.5 million, or $0.42 per share, in the previous year [3][4] - Free cash flow for the trailing 12 months was $73.3 million, an increase of $27.6 million from the previous year [4] Segment Performance - In the Sugar segment, adjusted EBITDA for Q4 2024 was $34.2 million, an increase of $10.6 million from the same period last year, despite a 5% decrease in sales volume [3][7] - The Maple segment saw revenues increase by $8.4 million in Q4 2024, driven by improved average selling prices and increased sales volume [14][19] - Adjusted gross margin for the Sugar segment increased to $217 per metric tonne in Q4 2024, up from $156 per metric tonne in the same period last year [9][10] LEAP Project - The LEAP Project is expected to provide approximately 100,000 metric tonnes of incremental refined sugar capacity and is now in the construction phase [21][22] - The project is being funded through a combination of debt, equity, and existing revolving credit facilities, with $53.8 million capitalized as of September 28, 2024 [26][27] - The anticipated completion date for the LEAP Project has been pushed to the end of fiscal 2026, approximately six months later than initially scheduled [24] Outlook - The company expects strong financial performance in 2025, supported by continued demand and pricing strength in the Sugar segment [29][30] - Sales volume for the Sugar segment is projected to reach 800,000 metric tonnes in fiscal 2025, reflecting a year-over-year increase of over 5% [31] - The Maple segment is also expected to show growth, with a moderate increase in sales volume anticipated [39]