Richelieu Hardware Ltd (OTCPK:RHUHF)
$ 26.6475 0 (0%) Market Cap: 1.51 Bil Enterprise Value: 1.65 Bil PE Ratio: 22.60 PB Ratio: 2.30 GF Score: 89/100
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Q3 2021 Richelieu Hardware Ltd Earnings Call Transcript

Oct 07, 2021 / 06:30PM GMT
Release Date Price: $32.5
Operator

Good afternoon, ladies and gentlemen, and welcome to Richelieu Hardware Third Quarter Results Conference Call. (Operator Instructions). Also note that this call is being recorded on October 7, 2021. (foreign language)

Richard Lord
Richelieu Hardware Ltd. - CEO, President & Executive Director

(foreign language). Thank you. Good afternoon, ladies and gentlemen, and welcome to Richelieu's conference call for the third quarter and 9-month period ended August 31, 2021. With me is Antoine Auclair, CFO. As usual, note that some of today's issues include forward looking information, which is provided with the usual disclaimer, as reported in our financial filings.

In line with previous period this year, we had a strong third quarter and our first 9 months showed solid growth. In Q3, sales grew to $373 million, a 20% increase, and EBITDA margin reached 17.1%. Our year-to-date sales were over $1 billion and EBITDA reached $163 million. We have made every effort to provide our customers with the most effective support, especially in this challenging

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