Richelieu Hardware reported strong fourth-quarter and full-year results, with Q4 sales increasing by 7.3% to CAD 511 million and EBITDA growing by 9.1% to CAD 59.2 million. Operating cash flow also saw a significant jump to CAD 68.7 million, driven by inventory reductions. The company completed around 10 acquisitions, adding approximately CAD 100 million in sales, including Ideal Security, Finmac, and Klassen. Richelieu ended the year with a positive cash position, almost no debt, and returned CAD 50 million to shareholders through dividends and buybacks. Acquisitions remain a core part of the company’s strategy, with a focus on expanding its product offerings and distribution network.

Read more at Yahoo Finance: Richelieu Hardware Q4 Earnings Call Highlights