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Ritchie Bros. Auctioneers

Address 9500 Glenlyon Parkway, Burnaby, BC, V5J 0C6, CA
Tel 778-331-5500
Fax 778-331-5501
Website rbauction.com
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About Ritchie Bros.:

Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest industrial auctioneer, and one of the world's largest sellers of used equipment for the construction, transportation, agriculture, energy, mining, forestry and other industries. Ritchie Bros.™ asset management and disposition solutions include live unreserved public auctions with on-site and online bidding; EquipmentOne™, an online auction marketplace; Mascus, a global online equipment listing service; private negotiated sales through Ritchie Bros. Private Treaty; and a range of ancillary services, including financing and leasing through Ritchie Bros. Financial Services. Ritchie Bros. has operations in 19 countries, including 45 auction sites worldwide.

Related Articles

Ritchie Bros. partners with SUMA to provide auction services for 400+ Saskatchewan municipalities

With a long history in Western Canada, Ritchie Bros. and its GovPlanet solution has been selected by the Saskatchewan Urban Municipalities Association (SUMA) as a preferred provider for its 400+ members. SUMA members will now have easy access to Ritchie Bros.' onsite and online auctions, as well as its do-it-yourself GovPlanet Direct marketplace.

Ritchie Bros. wins multiple leadership awards in its 60th anniversary year

Ritchie Bros. is celebrating its 60th anniversary in 2018 with multiple leadership awards for members of its executive team. Chief Executive Officer Ravi Saligram was recently recognized as B.C. CEO of the Year (Enterprise Category) by Business in Vancouver and as one of the Executives of the Year by the Best in Biz Awards (Bronze Winner). Ritchie Bros. Senior Vice President Anna Sgro was also singled out, as a Female Executive of the Year by the esteemed Stevie Awards.

Revenue up 8% in third quarter for Ritchie Bros.

Ritchie Bros. Auctioneers Incorporated reported the following results for the three months ended September 30, 2018. Net income attributable to stockholders of $23.1 million increased 125% compared to $10.3 million for the same quarter in 2017. Diluted earnings per share attributable to stockholders increased 133% to $0.21 versus $0.09 in the third quarter of 2017, while diluted adjusted EPS attributable to stockholders(1) (non-GAAP measure) which excludes a $4.9 million gain on sale of an equity accounted for investment and acquisition-related costs, increased 100% to $0.18 from $0.09 in the third quarter of 2017. Other key third quarter highlights included: 

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