Sales Increase For Richelieu Hardware

Sales for Richelieu Hardware Ltd. increased 27.7 per cent, totalling $1,440.4 million in fiscal 2021. Additionally, the company’s earnings before income taxes, interest, and amortization (EBITDA) increased 66.3 per cent, net earnings attributable to shareholders increased by 66.3 per cent, and the company had five acquisitions in both Canada and the United States. Sales in the manufacturer market reached $1.2 billion, up 30.9 per cent, including an increase of 32.5 per cent in Canada and 37.3 per cent in the United States.