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1ST HALF: ROCKY MOUNTAIN EQUIPMENT'S SALES UP 5%, NET EARNINGS UP 56%
Source: Rocky Mountain Equipment news release

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Rocky Mountain Dealerships Inc. ("Rocky" or the "Corporation") (TSX:RME), Canada's largest agriculture equipment dealer, today reported its financial results for the quarter ended June 30, 2017. All financial figures are expressed in Canadian dollars.

"Modest sales growth, improved margins, a streamlined cost structure and lower finance costs due to our reduced debt levels allowed us to deliver a 47% increase in second quarter earnings per share. That said, our annualized profit margin is expected to be more reflective of the profit margin for the six months ended June 30, 2017," said Garrett Ganden, President & Chief Executive Officer. "All the while, our disciplined approach to sales and inventory management continues to improve our inventory turns and strengthen our balance sheet."


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