Ritchie Bros. sees Q4 earnings soar 53%; revenue 12% higher at US$131.2M
VANCOUVER – Ritchie Bros. Auctioneers (TSX:RBA) has reported a 53 per cent increase in fourth-quarter net earnings. The world’s largest industrial auctioneer says net profits in the three months ended Dec. 31 were US$33.7 million or 31 cents per diluted share, up from US$22.1 million or 21 cents in the year-earlier period. Revenue grew 12 per cent to a record US$131.2 million from US$117.1 million in the fourth quarter of 2012.
News from © The Canadian Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
Join the Conversation!
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.
