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ર Richelieu • • • • Press release for immediate release Richelieu achieves strong growth in Q2 2021 and successfully pursues its acquisition strategy 1 acquisition closed during the quarter , 2 acquisitions closed subsequently to quarter - end and 2 agreements in principle , including a new one in the U.S. , totalling potential sales of $ 73 million annually Total sales for the second quarter ended May 31 , 2021 reached $ 371.4 million , up 49.6 % ( 46.8 % from organic growth and 2.8 % from acquisitions ) . In Canada and the United States , the increases were 59.8 % and 49.5 % respectively ( US $ ) . For the first half , sales totalled $ 669.0 million , up 34.4 % . EBITDA amounted to $ 61.0 million , up 80.5 % , and the EBITDA margin increased to 16.4 % , compared to 13.6 % in Q2 2020 . Net earnings attributable to shareholders more than doubled to $ 37.4 million , or $ 0.66 per diluted share , up 112.9 % . For the first half , it reached $ 1.03 per diluted share , up 98.1 % . Closing of three acquisitions , including two following quarter - end and signing of an agreement in principle for an acquisition in the United States . Sound and solid financial position with cash of $ 89.6 million , total debt of $ 2.6 million , working capital of $ 416.3 million for a ratio of 3.7 : 1 and a return on average equity of 20.4 % . Montreal , July 8 , 2021 - " Richelieu ( RCH : TSX ) achieved strong growth in the second quarter , attesting to the strength of its business model and the agility of the organization to adapt to market conditions as well as the success of recent investments in new specialized markets . The second quarter sales growth , to which all our markets contributed , was fueled by the momentum of our market penetration , innovation , acquisition , and geographic and sectoral diversification strategies , allowing us to create opportunities and seize those offered by the healthy renovation market . It should be noted , however , that the comparable quarter of 2020 had experienced a negative internal growth due to the pandemic . With an increase of 52.6 % , including 50.5 % from internal growth , the manufacturers ' market contributed $ 311.3 million to total sales , including $ 203.7 million in Canada , up 63.5 % , and US $ 86.7 million in the United States , up 52.6 % ( US $ ) . Very good progress was also made in the retailer and renovation superstore market , where sales amounted to $ 60.1 million , up 35.7 % , including 29.8 % from internal growth , " commented Richard Lord , President and Chief Executive Officer of Richelieu .