“The very best quarter in Rona’s history”

16.08.2004
The company achieves sales of more than one billion dollars for the first time ever and doubles earnings

Rona, the Canadian trading group, has for the first time recorded sales in excess of Can $ 1 bn in one quarter. According to an announcement from the group, net sales in the second quarter amounted to Can $ 1.0771 bn (€ 665.5 mio). This is 53.1 per cent higher than was achieved in the corresponding quarter last year. Growth of 15.0 per cent remains when the Réno-Dépôt stores taken over on 28 August 2003 are excluded. Rona doubled net earnings in the second quarter (plus 99.1 per cent) for a result of Can $ 33.2 mio. As president and chief executive officer Robert Dutton explained, “This quarter has been the very best in Rona history.”
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