Quebecor announces improved profits

Quebecor announces improved profits

Quebecor announces improved profits Quebecor has announced that its adjusted income for its fourth quarter were up 3.5 per cent from a year earlier to reach $50.3 million amounting to profit per basic share of 41 cents. Overall revenue was up 2.9 per cent to $989.4 million. The results were below analyst expectations for 52 cents and $1.09 billion in revenue.