*BCE will provide to holders of its common shares and preferred shares, upon request and free of charge, a printed copy of its audited financial statements for the year ended December 31, 2019. Holders of BCE's securities may request a copy of the audited financial statements by contacting BCE Investor Relations by telephone at 1 800 339-6353 or by e-mail at firstname.lastname@example.org or in writing to 1, Carrefour Alexander-Graham-Bell, Building A, 8th Floor, Verdun (Quebec), H3E 3B3.
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BCE's 2020 financial guidance
The information included on this page represents our financial guidance targets for 2020, which have been prepared in accordance with IFRS 16 accounting standards.
Please read our caution concerning forward-looking statements when using this information.
|Revenue growth||1% to 3%|
|Adjusted EBITDA growth||2% to 4%|
|Capital intensity||Approx. 16.5%|
|Adjusted EPS (1)||$3.50 to $3.60|
|Free cash flow growth (2)||3% to 7%|
For additional details and explanations, please see BCE’s news release dated February 6, 2020.
- Net earnings attributable to common shareholders before severance, acquisition and other costs, net mark-to-market (gains) losses on equity derivatives, net (gains) losses on investments, early debt redemption costs and impairment charges, net of tax and non-controlling interest.
- Cash flows from operating activities, excluding acquisition and other costs paid (which include significant litigation costs) and voluntary pension funding, less capital expenditures, preferred share dividends and dividends paid by subsidiaries to non-controlling interest.