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 |
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: | $2,426M 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: | 56,140,765 as of Apr 2, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |