Shaw Communications profit up 2 pct, expects modest 2013 revenue growth

Fri Apr 12, 2013 8:47am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

April 12 (Reuters) - Shaw Communications Inc posted a 2 percent rise in second-quarter profit and said it expects a modest growth in revenue for the year.

Shaw, the dominant cable company in Western Canada, said net income rose to C$182 million, or 38 Canadian cents per share, from C$178 million, or 38 Canadian cents per share, a year earlier.

Revenue at the Calgary-based company rose 2 percent to C$1.25 billion.

The company also said it expects consolidated free cash flow of about C$550 million in 2013.