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RCH - Richelieu Hardware News Story

C$44.01 0.0  0.0%

Last Trade - 25/10/21

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £1.44bn
Enterprise Value £1.45bn
Revenue £798.3m
Position in Universe 198th / 2701

BUZZ-Richelieu Hardware: Climbs on higher Q4 sales, dividend raise

Thu 21st January, 2021 7:52pm
** Specialty hardware maker's  RCH.TO  shares up 5.6% at
C$37.43, set for a fifth consecutive day of gains 
    ** Says Q4 consolidated sales rose 20.4% to C$319, in part
driven by sales to hardware retailers and renovation superstores
    ** EBITDA rises 33.5% to C$46.7 mln  urn:newsml:reuters.com:*:nCNWT5wnCa
    ** Co says Q4 sales to manufacturers rose 15.8% in Canada
    ** Richelieu Hardware board also approved a 4.9% increase in
quarterly dividend, raising it to C$0.07 per share
    ** Stock up 13.4% YTD

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com;
twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776))
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