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Richelieu Hardware Ltd            (TSX RCH                  added Mar 27, 2010

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 We are an importer and distributor of specialty hardware and complementary products

An agent for change in a dynamic and creative industry.

 Our customers – More than 40,000 customers in North America : kitchen and bathroom cabinet manufacturers, kitchen dealers, residential and commercial woodworkers, home furnishing manufacturers, office and ready-to-assemble furniture manufacturers, renovation superstore chains, and purchasing groups with more than 6,000 hardware retailers.

 Our team – More than 1,200 people, close to half of whom focus on sales and marketing, and approximately 60% of whom are Richelieu shareholders.

 of helicopter simulators in the world and more training systems for the C-130 Hercules than any other company.
Our product – some 65,000 products (SKUs) in a wide variety of categories including: kitchen accessories, lighting systems, finishing and decorating products, functional hardware, ergonomic workstations, closet and kitchen storage solutions, sliding doors systems, decorative and functional panels, high-pressure laminates. This offering is complemented by the specialty items manufactured by two of our subsidiaries, Cedan Industries Inc. and Menuiserie des Pins Ltd. These include a broad range of veneer sheets and edge banding products, a variety of decorative mouldings and components for the window and door industry. In addition, some of our products are manufactured in Asia according to our specifications and those of our customers. More than 50% of our overall offering is sold under our brands.

 

Recent News:  UPDATE - Richelieu Hardware posts profit gain, announces deal

 

  Sales and earnings growth at Richelieu in the first quarter of 2010  

 

 

Jessy Hayem......…TD NewcrestJuly 09, 2010

Upgraded to BUY from HOLD

Target raised to $31.00 from $24.00C 

RCH Price day before: $25.00 Finish day of posting:$25.06Current:$25.06

-----Mar 26, 2010-----

Maintained HOLD

Target raised to $24.00 from $23.00C 

RCH Price day before: $23.40 Finish day of posting:$23.56Current:$25.06

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Anthony Zicha......…Scotia CapitalJuly 09, 2010

Maintained SECTOR PERFORM

Target raised to $28.50 from $26.50C 

RCH Price day before: $25.00 Finish day of posting:$25.06Current:$25.06

--------Mar 26, 2010------

Maintained SECTOR PERFORM

Target raised to $26.50 from $24.00C 

RCH Price day before: $23.40 Finish day of posting:$23.56Current:$25.06

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......…National BankJuly 09, 2010

Target raised to $30.00 from $27.00C 

RCH Price day before: $25.00 Finish day of posting:$25.06Current:$25.06