Richelieu Hardware (RCH) investor relations material

Executive summary

• Achieved 3.9% sales growth in Q2 and strong first-half results, driven by internal growth and four acquisitions since the start of the year, strengthening leadership in decorative and acoustic solutions.

• Continued focus on innovation, product differentiation, and expanding product offerings to maintain competitive advantage in North America.

Financial highlights

• Q2 sales reached CAD 532.1 million, up 3.9% year-over-year; first-half sales nearly CAD 1 billion, up 4.4%.

• Q2 EBITDA was CAD 56.1 million (margin 10.6%), up 1.7%; first-half EBITDA was CAD 99.4 million (margin 10.0%).

• Net income attributable to shareholders for Q2 was CAD 23.2 million, up 3.2%; diluted EPS rose to CAD 0.42.

• Adjusted cash flows from operating activities were CAD 47.9 million in Q2.

Outlook and guidance

• Management expects a stronger second half, aiming for close to 11% EBITDA margin for the year and plans to invest more in salesforce, especially in the U.S.

• Integration of recent acquisitions and ongoing innovation are expected to drive future performance.

• Anticipates additional sales from resumed U.S. box business, with CAD 10–12 million in annual sales.