Q2 2025 Richelieu Hardware Ltd Earnings Call Transcript
Good afternoon, ladies and gentlemen, and welcome to the Richelieu Hardware second quarter results conference call. (Operator Instructions) Also note that this call is being recorded on July 10, 2025.
(spoken in foreign language)
Merci, thank you. Good afternoon, ladies and gentlemen, and welcome to Richelieu's conference call for the second quarter and first half ended May 31, 2025. With me is Antoine Auclair, CFO and COO. As usual, note that some of today's issue include forward-looking information, which is provided with the usual disclaimer as reported in our financial filings.
This was another quarter of good progress for Richelieu, both in terms of sales growth and new business acquisition. And we ended the first half year with a sound financial position. We are pleased with the 6.4% increase in total sales. We posted a solid performance in the US with sales increase of 11.7% in US dollar, of which 6.6% coming from internal growth.
In Canada, we had a
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