Richelieu Hardware Ltd. (T:RCH*CA)

Business Focus: Construction Supplies & Fixtures (NEC)

Sector:  Consumer Cyclicals Industry:  Construction Supplies & Fixtures
 
Company Contact
Address: 7900 Henri-Bourassa Boulevard West
SAINT-LAURENT QC H4S 1V4
Tel: N/A
Website: https://www.richelieu.com
IR: See website
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Key People
Richard Lord
President, Chief Executive Officer, Director
Eric Daignault
General Manager - Divisions
Antoine Auclair
Chief Financial Officer, Vice President
Craig Ratchford
Vice President, General Manager - United States
Guy Grenier
Vice President - Sales and Marketing, Industrial
Larry Lucyshyn
Vice President - Sales to US Retailers
Marjolaine Plante
Vice President - Human Resources
Alain Charron
Vice President - Supply Chain and Logistics
Denis Gagnon
Vice President - Information Technologies
Jeff J. Crews
Vice President - Business Development, Retailers Market, Canada
   
Business Overview
Richelieu Hardware Ltd is an importer, manufacturer and distributor of specialty hardware and complementary products. The Company's products are targeted to an extensive customer base of kitchen and bathroom cabinet, storage and closet, home furnishing and office furniture manufacturers, residential and commercial woodworkers, door and window, and hardware retailers including renovation superstores. It offers customers a mix of high-end products sourced from manufacturers worldwide. Its product selection consists of over 130,000 different items targeted to a base of more than 110,000 customers who are served by 115 centers in North America -50 distribution centers in Canada, 62 in the United States and three manufacturing plants in Canada, specifically, Les Industries Cedan Inc., Menuiserie des Pins Ltee and USIMM/UNIGRAV, which manufacture a variety of veneer sheets and edge banding products, a broad selection of decorative moldings and components for the window and door industry.
Financial Overview
For the three months ended 29 February 2024, Richelieu Hardware Ltd revenues increased 1% to C$406.9M. Net income decreased 32% to C$15.2M. Revenues reflect United States segment increase of 2% to C$174.8M, Canada segment increase of less than 1% to C$232M. Net income was offset by Depreciation increase of 23% to C$14M (expense). Dividend per share increased from C$0.13 to C$0.15.
Employees: 3,000 as of Feb 29, 2024
Reporting Currency: Canadian Dollars
Enterprise value: $2,361M as of Feb 29, 2024
Annual revenue (TTM): $1,792M as of Feb 29, 2024
EBITDA (TTM): $221.72M as of Feb 29, 2024
Net annual income (TTM): $104.32M as of Feb 29, 2024
Free cash flow (TTM): $177.47M as of Feb 29, 2024
Net Debt Last Fiscal Year: $222.34M as of Feb 29, 2024
Shares outstanding: 55,932,742 as of May 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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