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 - distribution logistics for first-class service to its 37,000 customers wherever they do business in Canada and in its various U.S. markets - 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.

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