Sales of $499.2M, up 6.7 %, of which 4.1 % came from internal growth and 2.6 % from acquisitions.
EBITDA of $57.0M - EBITDA margin of 11.4 %.
Net earnings attributable to shareholders of $23.9M, or $0.43 per diluted share, up 4.9 %.
Cash flow from operating activities of $82.7M.
Expansion: two acquisitions completed after the quarter (Quebec - Manitoba), adding a further $22M in annual sales.
FIRST NINE MONTHS
Sales of $1.45 billion, up 7.2 %,including $789.8M in Canada and US$473.2M in the United States.
EBITDA of 154.7M$ - EBITDA margin of 10.6 %.
Net earnings attributable to shareholders of $60.3M, or $1.08 per diluted share.
Cash flows provided by operating activities of $133.6M.
Healthy and solid financial situation as at August 31, 2025, with a net cash of $12.4M and a working capital of $632.7M (ratio of 3.2:1).
Quarterly dividend of $0.1533 per share payable on November 6, 2025, to shareholders registered as of October 23, 2025.
MONTREAL, Oct. 9, 2025 /CNW/ - (TSX:RCH) "The solid performance of all of our market segments in the United States and in all regions of Canada, with the exception of Ontario, resulted in sales growth of 6.7 % in the third quarter. Our sales increased by 6.5 % in the manufacturers' market to reach $442.5M and they rose by 8.6 % in the retailers' market to $56.7M. Following the end of the quarter, we completed two strategic acquisitions. The acquisition of Ideal Security, a Canadian distributor of door and window products mainly for the retails' market, enables us to increase our sales and broaden our offering in Canada and in the United States. As for the acquisition of Finmac Lumber, it strengthens our presence in Manitoba and allows us to complete our product lines in this market. We are thus continuing the disciplined execution of our growth strategy and expect to finish the 2025 fiscal year with strong results," said Mr. Richard Lord, President and Chief Executive Officer.
"I am also proud to highlight that our operations generated $82.7M in cash flow during the quarter, including a $16M reduction in inventories, generating a positive cash position. This reflects the strength of our financial position and an exceptional balance sheet. Despite uncertainties related to tariffs, our business model remains strong: it enables us to protect our margins, stay competitive, and respond with agility to our customers' needs. We also continue to focus on our exclusive products and private brands, with the goal of strengthening our margins and expanding our offering. This is at the core of our strategy and sets us apart from the competition," added Mr. Richard Lord.
CLOSING OF EIGHT ACQUISITIONS SINCE THE BEGINNING OF 2025 REPRESENTING ADDITIONAL ANNUAL SALES OF MORE THAN $75M
To the six acquisitions completed in the first half of the year, including two in Canada (Nova Scotia, Prince Edward Island and in Quebec) and four in the United States (Colorado, Minnesota, New Jersey (2)), were added the acquisitions of Ideal Security on September 2, 2025 and Finmac Lumber on October 1, 2025. Specializing in hardware products for doors and windows, Ideal Security is based in the Greater Montreal area and primarily serves the North American retailer and renovation superstore market. As for Finmac Lumber, a distributor of specialized wood products, its customer base consists mainly of woodworkers, cabinetmakers, and building material retailers in the Winnipeg area. These eight acquisitions completed since the beginning of fiscal 2025 represent sales of more than $75M on an annual basis, in addition to offering customers complementary high-quality product lines.
OPERATING RESULTS FOR THE THIRD QUARTER AND FIRST NINE MONTHS ENDED AUGUST 31, 2025
The following table provides an overview of Richelieu's sales in its two main markets for the quarters ended August 31, 2025 and 2024 :
Quarters ended August 31
2025
2024
∆ %
(in millions of dollars, except exchange rates)
Total
Internal
Acquisitions
Consolidated
499.2
467.7
6.7
4.1
2.6
Manufacturers
442.5
415.5
6.5
3.6
2.9
Retailers
