Canadian player poised for growth through multi-format footprint and operational leverage – improving retail sales trends recently observed combined with leaner cost structure and strong free cash flow
RONA trades at a significant discount versus peers and its own historical valuation
Strong focus on three financial objectives to enhance shareholders value
Proximity stores more attractive to consumers – customer base is migrating to smaller, personalized, service-oriented concepts
Active dealer-owners network (67% of RONA store network) – fully committed entrepreneurs who generated +2.7% in same-store sales in Q4/2011 and are reinvesting $60 million of their own capital in 2012
Distribution segment allows recruitment – enables consolidation of independent dealers (50% of the Canadian market) and provides strong assortment for smaller store format
Commercial and professional segment adds diversification / higher profitability benefits – less cyclical, fastest growing segment with significant consolidation opportunities
New integrated digital platform – will allow RONA to better address different types of clients’ demand
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