Sales Growth
Total sales increased by 8.6% during the first quarter of 2025, driven by both internal growth and acquisitions. The manufacturers market saw a 10% increase in sales.
Successful Acquisitions
Five acquisitions were completed, contributing $50 million in sales and expanding Richelieu's presence in key markets such as Halifax, Denver, Minneapolis, New York, and New Jersey.
Strong Canadian Market Performance
Sales in Canada increased by 4.1%, with the manufacturers market seeing a 5% increase.
Investment in Infrastructure
Significant investments were made in facilities across North America, including new and expanded centers in Calgary, Vancouver, and other strategic locations.