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Reece Limited (ASX:REH)

ALERT: Price-sensitive ASX Announcement for REH
Current share price for REH : $16.330 -0.21 (-1.27%)+
Announcement
Release
24 Aug 2026 7:56AM
Price at Release
$16.540
Full Release
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Summary
Reece Limited's FY26 results show a 4.5% increase in sales revenue to $9,378 million, while EBITDA remained flat and EBIT decreased. The NPAT fell by 2.8%, and a final dividend of 13.40 cents per share was declared. The company expanded its US network with 25 new branches despite a challenging market, focusing on operational excellence and innovation. In the ANZ region, sales revenue rose by 8.3%, reflecting improved business momentum.
Key Points
  • Reece Limited's sales revenue increased by 4.5% to $9,378 million in FY26.
  • EBITDA remained flat at $901 million, while EBIT decreased by 2.6% to $534 million.
  • Net Profit After Tax (NPAT) declined by 2.8% to $308 million.
  • The company declared a final dividend of 13.40 cents per share, fully franked.
  • Reece opened 25 new branches in the US, expanding its network amidst a challenging market.
  • The company focused on operational excellence, innovation, and profitable growth.
  • Reece's ANZ region showed improved momentum with an 8.3% rise in sales revenue.
  • The US market faced challenges due to weak residential new construction.
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.