BCE announces long-term financial outlook ahead of investor day

BCE (BCE) unveiled its three-year strategic plan focused on delivering sustainable growth through fiber, wireless, AI-powered enterprise solutions and digital media. Between 2025 and the end of 2028, BCE expects to deliver total shareholder return with a focus on sustainable revenue and EBITDA growth across its core operating businesses and drive operating efficiencies, including: revenue growth at a compound annual growth rate of 2% to 4%; $1.5B in cost savings through company-wide transformation and efficiency initiatives; adjusted EBITDA growth at 2% to 3% CAGR; free cash flow after payment of lease liabilities growth at approximately 15% CAGR and approximately $5B in common share dividend payments, supported by a sustainable and disciplined dividend strategy. Mirko Bibic, president and CEO, BCE Inc. and Bell Canada said, “As we look ahead to the next several years and connecting future generations through the infrastructure we’re building today, from fibre to 5G to AI-powered solutions, I’m pleased to unveil BCE’s plan to deliver total shareholder return. Our strategy, anchored by four strategic priorities – put the customer first; deliver the best fibre and wireless networks; lead in enterprise with AI-powered solutions; and build a digital media and content powerhouse – is focused on the core areas that will deliver sustainable growth for our investors.”