Ritchie Bros earnings up 32%

Sarah Ann McCay

14 May 2012

Ritchie Bros. Auctioneers has reported a 32% increase in net earnings for the three months ended 31 March 2012, totalling US$ 18 million, compared to $13.6 million for the same period in 2011.

Auction revenue grew 14% to $101.3 million, up from $88.5 in Q1 2011, after it completed 38…

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