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Reece Limited (ASX:REH)

ALERT: Price-sensitive ASX Announcement for REH
Current share price for REH : $16.500 2.56 (18.36%)+
Announcement
Release
23 Feb 2026 8:00AM
Price at Release
$13.940
Full Release
download
Summary
Reece Limited's half-yearly report for the period ended 31 December 2025 highlights a challenging market environment with a 6% increase in sales revenue to $4.648 billion, driven by network expansion. However, EBITDA declined by 6% to $448 million, and EBIT fell by 14% to $262 million due to increased costs associated with network growth and strategic investments. Net profit after tax decreased by 20% to $144 million. The company also reported a reduction in dividends to 5.44 cents per share, compared to 6.50 cents in the previous period. The report notes significant activities in both Australia and New Zealand, and the United States, with varying impacts on revenue and earnings across these regions.
Key Points
  • Sales revenue increased by 6% to $4.648 billion.
  • EBITDA decreased by 6% to $448 million.
  • EBIT fell by 14% to $262 million.
  • Net profit after tax decreased by 20% to $144 million.
  • Dividends reduced to 5.44 cents per share.
  • Network expansion and strategic investments led to higher costs.
  • Varied performance across Australia, New Zealand, and the United States.
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.