Quebecor Profits Plunge, Q4 and Full Year Results Reported:Quebecor Inc. (“Quebecor” or the “Corporation”) today reported its fourth quarter and full?year consolidated financial results for 2012. Quebecor consolidates the financial results of its Quebecor Media Inc. (“Quebecor Media”) subsidiary. The Corporation’s interest in Quebecor Media increased from 54.7% to 75.4% on October 11, 2012 as a result of the repurchase of part of the interest held by CDP Capital d’Amérique Investissement inc. (“CDP Capital”), a subsidiary of Caisse de dépôt et placement du Québec.
2012 financial year
Revenues up $145.2 million (3.5%) to $4.35 billion in 2012, mainly because of the 8.4% revenue growth in the Telecommunications segment.
Operating income up $61.9 million (4.6%) from 2011 to $1.40 billion.
