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Last C$1.00 CAD
Change Today 0.00 / 0.00%
Volume 0.0
PNC/A On Other Exchanges
As of 3:59 PM 04/23/15 All times are local (Market data is delayed by at least 15 minutes).

postmedia network canada cor (PNC/A) Snapshot

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52 Week High
10/10/14 - C$2.50
52 Week Low
03/2/15 - C$0.80
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Average Volume 10 Days
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postmedia network canada cor (PNC/A) Details

Postmedia Network Canada Corp., through its subsidiary, Postmedia Network Inc., publishes English language daily and non-daily newspapers in Canada. It is involved in news and information gathering and dissemination operations through various print, Web, tablet, and smartphone platforms. The company also operates digital media and online assets, including the network, each newspaper’s online Website and Infomart, and its media monitoring Website. It offers integrated solutions to advertisers and marketers. The company was formerly known as Canwest Limited Partnership and changed its name to Postmedia Network Canada Corp. in July 2010. Postmedia Network Canada Corp. was founded in 2005 and is headquartered in Toronto, Canada.

Founded in 2005

postmedia network canada cor (PNC/A) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$950.0K
Chief Financial Officer and Executive Vice-Pr...
Total Annual Compensation: C$450.0K
Chief Operating Officer
Total Annual Compensation: C$475.0K
President of Pacific Newspaper Group and Pres...
Total Annual Compensation: C$400.0K
Executive Vice President of Legal and General...
Total Annual Compensation: C$300.0K
Compensation as of Fiscal Year 2014.

postmedia network canada cor (PNC/A) Key Developments

Postmedia Network Canada Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended February 28, 2015

Postmedia Network Canada Corp. announced unaudited consolidated earnings results for the second quarter and six months ended February 28, 2015. For the quarter, the company reported total revenue of CAD 145,445,000 against CAD 162,484,000 a year ago. Operating loss was CAD 10,892,000 against CAD 4,067,000 a year ago. The decrease was primarily due to a decline in print advertising revenue of CAD 14.4 million (16.0%) with the declines occurring across all categories, including national, local and insert advertising. Loss before income taxes was CAD 58,218,000 against CAD 25,290,000 a year ago. Net loss attributable to equity holders of the Company was CAD 58,218,000 or CAD 1.45 per diluted share against CAD 25,290,000 or CAD 0.63 per diluted share a year ago. Cash flows used in operating activities were CAD 641,000 against cash flows from operating activities of CAD 14,659,000 a year ago. Additions to property and equipment were CAD 534,000 against CAD 3,187,000 a year ago. Additions to intangible assets were CAD 169,000 against CAD 1,258,000 a year ago. For the six months period, the company reported total revenue of CAD 314,959,000 against CAD 356,462,000 a year ago. Operating income was CAD 7,096,000 against operating loss of CAD 1,808,000 a year ago. Loss before income taxes was CAD 68,473,000 against CAD 37,095,000 a year ago. Net loss attributable to equity holders of the Company was CAD 68,473,000 or CAD 1.70 per diluted share against CAD 37,095,000 or CAD 0.92 per diluted share a year ago. Cash flows from operating activities were CAD 1,999,000 against CAD 18,882,000 a year ago. Additions to property and equipment were CAD 2,358,000 against CAD 6,175,000 a year ago. Additions to intangible assets were CAD 303,000 against CAD 1,956,000 a year ago.

Postmedia Network Canada Corp. Appoints Gordon Fisher to the Position of President, National Post

Postmedia Network Inc. announced the appointment of Gordon Fisher to the position of President, National Post. Mr. Fisher is quite familiar with the role, having held it from July 2010 until January 2013. Gord will lead the Post team with a renewed focus on product development and enhancing advertiser relationships. He has previously served as Publisher, National Post, as well as President, News and Information, Canwest Global Communications Corp. Currently, Mr. Fisher will continue in the role of President Pacific Newspaper Group.

Postmedia Network Canada Corp., Q2 2015 Earnings Call, Apr 09, 2015

Postmedia Network Canada Corp., Q2 2015 Earnings Call, Apr 09, 2015


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