Richelieu Hardware (TSE:RCH) has released an update.
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Richelieu Hardware reported steady growth with a 2% increase in Q2 sales, reaching $481.4M, bolstered by a strong performance in the U.S. and strategic acquisitions. The company saw a solid EBITDA of $53.8M and continued to expand through the buyback of shares and the acquisition of a U.S. company, positioning itself well in the renovation market.
For further insights into TSE:RCH stock, check out TipRanks’ Stock Analysis page.