Monday, August 10, 2015

Ritchie Bros. Auctioneers Inc. - RBA.t

Ritchie Bros. Auctioneers Inc. - RBA.t is the world's largest auctioneer of heavy equipment and trucks. We're the auction experts—and we've been helping people around the world buy and sell with confidence since 1958.

In 2014, US$4.2 billion of heavy equipment was bought and sold at Ritchie Bros. unreserved public auctions.

On August 6, 2015, the company reported Numbers


Ritchie Bros. Auctioneers Inc. has released its results for the three months ended June 30, 2015.

During the quarter, the company generated $155.5-million of revenue, a 10-per-cent increase compared with revenue of $141.8-million in the second quarter last year, and net earnings (1) of $46.4-million, an increase of 20 per cent compared with net earnings of $38.6-million in the second quarter last year.

Diluted earnings per share (1) (EPS) were 43 cents, a 21-per-cent increase compared with 36 cents in the same quarter last year. During the first half of 2015, for the six months ended June 30, 2015, the company generated $271.1-million in revenue, a 13-per-cent increase compared with $240.4-million during the first six months of 2014. Net earnings were $70.0-million during the first half of 2015, a 32-per-cent increase compared with $52.9-million in the first half of 2014. Diluted EPS for the first half of 2015 was 65 cents, a 33-per-cent increase compared with the same period last year (all figures are presented in U.S. dollars)."




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