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Financial reporting

The information included on this page represents our financial guidance for 2018 which is in accordance with 2017 IFRS accounting standards and does not reflect the financial impacts IFRS 15.

Please read our caution concerning forward-looking statements when using this information.

BCE's 2018 financial guidance

Revenue growth 2% to 4%
Adjusted EBITDA growth 2% to 4%
Capital intensity Approx. 17%
Adjusted EPS (1) $3.42 to $3.52
Free cash flow (2) $3,525M to $3,650M

(1) Net earnings attributable to common shareholders before severance, acquisition and other costs, net losses (gains) on investments, impairment charges, and early debt redemption costs per BCE common share.

(2) 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.

For additional details and explanations, please see BCE’s news release dated February 8, 2018.

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