Richelieu reported consolidated earnings results for the fourth quarter and year ended November 30, 2017. For the quarter, Fourth-quarter consolidated sales amounted to $250.2 million, compared with $218.0 million for the corresponding quarter of 2016, an increase of $32.2 million or 14.8%, of which 6.8% from internal growth and 8.0% from acquisitions. Earnings before income taxes, interest and amortization (EBITDA) amounted to $30.1 million, an increase of $1.4 million or 4.8% over the fourth quarter of 2016. The EBITDA margin stood at 12.0%, compared with 13.2% for the fourth quarter of 2016. Net earnings grew by 4.0%. Considering non-controlling interests, net earnings attributable to shareholders of the Corporation amounted to $20.0 million, up by 4.0% over the fourth quarter of 2016. Net earnings per share rose to $0.34 basic and diluted, compared with $0.33 basic and diluted for the fourth quarter of 2016, an increase of 3.0%. Comprehensive income amounted to $22.8 million, considering a positive adjustment of $2.8 million on translation of the financial statements of the subsidiary in the United States, compared with $21.8 million for the fourth quarter of 2016, considering a positive adjustment of $2.6 million on translation of the financial statements of the subsidiary in the United States. Cash flows from operating activities (before net change in non-cash working capital balances) amounted to $22.2 million or $0.38 per share, compared with $21.6 million or $0.37 per share for the fourth quarter of 2016. Investing activities represented a cash outflow of $3.7 million for equipment to improve operational efficiency, for IT equipment, and for the design and manufacturing of new displays for the retailers market. For the year, sales were $942,545,000 against $844,473,000 a year ago. Earnings before amortization, financial costs and income taxes were $102,974,000 against $94,422,000 a year ago. Earnings before income taxes were $91,713,000 against $84,790,000 a year ago. Net earnings were $67,932,000 against $63,013,000 a year ago. Net earnings attributable to shareholders of the corporation were $67,704,000 against $62,814,000 a year ago. Net earnings per share attributable to shareholders of corporation on diluted basis were $1.15 against $1.07 a year ago. Cash provided by operating activities was $55,956,000 against $66,529,000 a year ago. Additions to property, plant and equipment and intangible assets was $13,121,000 against $10,455,000 a year ago. As at November 30, 2017, the Corporation continues to benefit from a healthy and solid financial position. Total debt was $4.3 million representing balances payable on acquisitions and financing contracts for equipment.