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ર Richelieu Press release for immediate release Richelieu increased its sales by 8.3 % to $ 1.128 billion in 2020 A 29.3 % increase in net earnings per share 5 acquisitions completed in North America • • • • • For the fiscal year ended November 30 , 2020 , sales reached $ 1,128 million , up 8.3 % over 2019 . Earnings before income taxes , interest and amortization ( EBITDA ) amounted to $ 154.5 million , up 24.4 % . Net earnings attributable to shareholders increased by 28.2 % to $ 85.2 million and amounted to $ 1.50 diluted per share , up 29.3 % . For the fourth quarter sales totalled $ 319 million , up 20.4 % . EBITDA increased by 33.5 % to $ 46.7 million . Diluted net earnings per share amounted to $ 0.48 , up 41.2 % . Repurchase of 678,362 common shares for $ 25.0 million in 2020 . Five acquisitions closed in North America during the fiscal year , for additional sales of more than $ 70 million on an annual basis . Sound and solid financial position . As at November 30 , 2020 , cash amounted to $ 73.9 million , total debt was $ 5.8 million and working capital of $ 377.4 million ( ratio of 3.6 : 1 ) . Dividend increase of 4.9 % to $ 0.07 for the first quarter of 2021 and payment of a special dividend of $ 0.0667 . - Montreal , January 21 , 2021 " In 2020 , Richelieu ( RCH / TSX ) achieved solid growth under the circumstances . Our improved results reflect our One - stop shop service approach , our innovation strategy , the diversification of our market segments , as well as the substantial contribution of our acquisitions and rigorous cost control . We ended the year with strong liquidity and a sound financial position . In addition to the implementation of all needed prevention measures in the pandemic context , extra vigilance and dedication at all levels of our organization were required during the year . Building on our value - added service concept and the commitment of our team , we spared no effort and did our utmost to provide maximum support to our customers , " said Richelieu president and CEO Richard Lord . " In the fourth quarter , our sales in the manufacturers market rose 15.8 % in Canada and 15.8 % ( US $ ) in the United States , while sales in the retailers market increased 42.6 % in Canada and 184.3 % ( US $ ) in the United States . For the fiscal year , sales were up 2.1 % in Canada and 7.3 % ( US $ ) in the United States in the manufacturers market , while sales in the retailers market rose 27.0 % in Canada and 53.5 % ( US $ ) in the United States . In light of the solid growth in results , the Board of Directors approved a 4.9 % increase in the quarterly dividend , to $ 0.07 per share . In addition , a special dividend of $ 0.0667 per share will be paid to shareholders as compensation for the the dividend that was not declared in the first quarter of 2020 to mitigate the possible financial impact of the COVID - 19 crisis . We will continue our strategies in 2021 by remaining solidly focused on our customers , innovation , and value - added service , ” added Richard Lord .