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Richelieu ranks among Canada's
top-performing public companies and has a
most satisfactory track record.
For the last five years from 2002 to 2006,
its average annual net earnings growth
reached 15.3%, and return on average equity
worked out to 20.0% (five-year average).
Richelieu's share (RCH) price has
increased by 144% within the last five years
and by 1,013% since its stock market listing
in 1993. Its shares have yielded an annual
return of 19.5% over the past five years,
not including dividend payments. This solid
performance reflects a good balance between
Richelieu's expansion-by-acquisition (12
acquisitions between 2002 and 2006) and
internal growth largely driven by its
continually launched innovations.
The year ended November 30, 2006 was its
eleventh consecutive year of sales and net
earnings growth. Consolidated sales grew to
$385.6 million, an increase of 10.1%. The
Company achieved net earnings of $31.9
million, up 15.3%, and return on average
equity reached 18.3%.
Richelieu is resolutely customer-driven and
its growth strategy is fully based on this
fundamental focus.
The Company stands apart in its market for
its efficient organization, with a
differentiating sales force and marketing
programs
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distribution logistics for first-class
service to its 37,000 customers wherever
they do business in Canada and in its
various U.S. markets
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and an
"Everything under one roof"
business strategy with a unique product mix
in North America, including more than 50,000
products from supplier-partners who are
among world leaders in their field.
For further information about Richelieu's
results and financial position, we invite
you to consult the comprehensive financial
documentation regularly published by the
Company, especially its annual and interim
reports, press releases and annual
information forms. This documentation is
available on SEDAR's
www.sedar.com.
For any other
inquiries,
click here
to eMail us.
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