The Company has continued to succeed at its objective to grow market share through its rebranding strategy. For the nine month period ending
Key operational and financial highlights, year over year 3 month comparison: Net income increased to
Gross margin percentage increased to 22.0% (2018 - 21.7%)
EBITDA increased to
Sales are
Key operational and financial highlights, year over year 9 month comparison: Net income increased to
Sales increased to
EBITDA increased to
Gross margin percentage is 21.9% (2018 - 22.1%)
Net income for both the three and nine month periods includes a non-recurring gain, net of tax impact of
Detailed information in the form of the Company's interim consolidated financial statements and Management Discussion and Analysis are available under the Company's profile on SEDAR at www.sedar.com and also on the Company's website at www.ruminvestor.com. After accessing the website, please choose the 'Investor Relations' tab to view Quarterly Reports.
About Rocky Mountain
Rocky Mountain owns 100% of
Forward-Looking Statements
This news release may contain 'forward-looking statements' within the meaning of applicable securities laws relating to the future growth of the Company, and the ability to execute its business strategy. Readers are cautioned not to place undue reliance on forward-looking statements, and in particular results achieved in 2019 and previous periods. Past results might not be a certain indication of future performance, which is subject to other risks, including but not limited to changes in operational policies, changes in management, changes in strategic focus, market conditions and customer preferences. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that these events may not materialize as well as those additional factors discussed in the section entitled 'Risk Factors' in RUM's Annual 2018 Management Discussion and Analysis, which can be obtained at www.sedar.com. If they do materialize, there remains a risk of non-execution for any reason.
Contact:
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