Transcontinental Posts ‘Best Operating Performance in Its History’

Adjusted operating income was up 16.3 percent, from $217.1 million to $252.5 million. This increase is mainly due to strict controls on costs and the asset portfolio as well as greater efficiency, which largely offset the corporation’s strategic investments; those investments had an immediate impact on earnings, notably in the digital services developed by the Media Sector. Organic growth in adjusted operating income was 14.9 percent.