Ritchie Bros. completes final auctions of 2015
December 23, 2015
$4.25 billion of equipment was sold by Ritchie Bros. in 2015 $1.9 billion of equipment sold to online buyers, 45% of total sales 9%+ growth in equipment sold through EquipmentOne – Ritchie Bros.' online marketplace $114 million returned to shareholders through dividends and share repurchases during 2015 (All figures are presented in U.S. dollars, unless otherwise noted) Ritchie Bros. Auctioneers Incorporated (NYSE and TSX: RBA, "the Company"), the world's largest industrial auctioneer, sold approximately $4.25 billion of equipment through 345 unreserved auctions and its online equipment marketplace during 2015. This is a new annual record for the Company, and represents a 1% increase in gross auction proceeds (GAP) compared to 2014. GAP growth from Ritchie Bros.' international operations was muted by the depreciation of local currencies against the US dollar. On an organic basis, using foreign exchange rates consistent with comparable periods last year to remove the...
Ritchie Bros. sells CA$731+ million of equipment and trucks at Edmonton, AB site in six 2015 auctions
December 14, 2015
Final Edmonton auction of 2015 held Dec. 10-12 ; 6,000 items sold for CA$98+ million (US$71+ million) Ritchie Bros., the world's largest industrial auctioneer, sold more than 38,250 equipment items and trucks for CA$731+ million (US$576+ million) in Edmonton, AB in 2015, making it the site's largest year ever. Approximately 55 percent (CA$404+ million or US$317+ million) of the equipment was sold to online buyers. Ritchie Bros. held its sixth and final Edmonton auction of 2015 last week (December 10-12), selling more than 6,000 items for CA$98+ million (US$71+ million). Bids were placed in person, online at rbauction.com and by proxy. "We would like to thank all the companies and individuals who bought and sold equipment and trucks with us in 2015—we value your trust in us to deliver results regardless of market conditions," said Brian Glenn , Ritchie Bros .' Senior Vice President ( Western Canada ). "This year we sold more equipment at our Edmonton site than ever before. When you're...
US$43+ million of equipment and trucks sold at Ritchie Bros.' final Fort Worth, TX auction of 2015
December 4, 2015
Fort Worth site has its largest year ever, selling 18,800+ lots for US$264+ million in five auctions Ritchie Bros. (NYSE and TSX: RBA), the world's largest industrial auctioneer, sold 3,650+ equipment items and trucks for US$43+ million at this week's unreserved public auction in Fort Worth, TX (December 2 – 3, 2015). Ritchie Bros. conducted five auctions in Fort Worth in 2015, selling a combined 18,800+ lots for US$264+ million with more than 21,200+ total bidder registrations, making it the site's largest year ever. This week's two-day auction attracted 4,400+ bidders from 57 countries, including 2,950+ online bidders. Approximately 51 percent of the equipment was sold to out-of-state buyers from as far away as Australia, Egypt, and the Philippines. Bids were placed in person, online at rbauction.com and by proxy. "This auction was a fitting end to a really rewarding year," said Dolan Aucoin , Regional Sales Manager, Ritchie Bros. "We had sector strength across the board for this...