From Nasdaq: 2025-05-13 18:02:00

Power Corporation of Canada (POW) reported a net earnings of C$689 million for the first quarter of 2025, down from C$709 million last year. The decrease was primarily due to lower contributions from Lifeco, which earned C$587 million compared to C$702 million in the previous year. Earnings per share remained unchanged at C$1.07, while adjusted EPS increased to C$1.22 from C$1.09. Adjusted net earnings from continuing operations rose to C$787 million from C$710 million, driven by stronger results from Sagard and Power Sustainable, which posted a combined adjusted profit of C$34 million. POW closed trading at C$50.49 on the Toronto Stock Exchange.



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