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Reece Limited (ASX:REH)

ALERT: Price-sensitive ASX Announcement for REH
Current share price for REH : $16.500 2.43 (17.27%)+
Announcement
Release
25 Aug 2025 8:01AM
Price at Release
$14.070
Full Release
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Summary
Reece Limited's FY25 Investor Presentation highlights the company's financial performance and strategic initiatives for the fiscal year ending 30 June 2025. The company reported a slight decline in sales revenue to $9.0 billion, down 1% from the previous corresponding period, with an EBITDA of $901 million, down 11%. The strategic focus remains on operational excellence, with significant investments in digital capabilities and branch network expansions in both the US and ANZ regions. Despite subdued market conditions and soft volumes, Reece continues to prioritize customer experience and long-term growth strategies. The presentation outlines an uncertain outlook for the industry, with a slow recovery anticipated and an emphasis on maintaining a strong balance sheet and flexibility for organic investments and mergers and acquisitions.
Key Points
  • FY25 group sales revenue was $9.0 billion, a 1% decrease year-over-year.
  • EBITDA for FY25 was $901 million, representing an 11% decline.
  • Net cash inflow from operations was $600 million, down from $751 million in FY24.
  • Significant investments made in digital capabilities and branch expansion.
  • Reece added 24 new branches in the US and 15 in ANZ.
  • The company's strategy focuses on operational excellence and customer experience.
  • Market conditions remained subdued with slow recovery anticipated.
  • Reece continues to focus on a strong balance sheet and investment flexibility.
  • Total dividend for FY25 was 18.36 cents per share, fully franked.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.