Québecor management commentary attributes Q3 2026 adjusted EBITDA growth to telecom, media gains and favorable share-based compensation impact

• Québecor’s management commentary attributed third-quarter 2026 adjusted EBITDA growth of 12.5% to CAD 706.7 million mainly to stronger telecommunications and media results.
• A favorable CAD 31.5 million swing in stock-based compensation expense also supported adjusted EBITDA growth, primarily reflecting a declining share price.
• Mobile service revenue rose 9.6%, driven by subscriber growth and higher revenue per line; net additions reached 136,700 lines.
• Media adjusted EBITDA increased 69.7%, supported by cost savings, including lower content costs, higher revenue and favorable stock-based compensation expense.
• Free cash flow fell CAD 21.6 million to CAD 422.3 million as higher cash capital spending outweighed operating cash flow growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quebecor Inc. published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.