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Reliance Worldwide Corporation Limited (ASX:RWC)

ALERT: Price-sensitive ASX Announcement for RWC
Current share price for RWC : $3.670 -0.18 (-4.68%)+
Announcement
Release
17 Feb 2026 7:48AM
Price at Release
$3.850
Full Release
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Summary
Reliance Worldwide Corporation Limited (RWC) reported its interim results for the six months ending 31 December 2025. The company experienced a challenging period with a net profit after tax of US$43.7 million, down 34.9% from the prior corresponding period, due to US tariffs and weaker demand in the US and UK. Net sales fell 4.6% to US$645.4 million. Operating earnings were affected by tariffs and lower sales volumes, leading to a 22.2% decrease in EBITDA. Despite these challenges, RWC maintained strong cash flows, reducing net debt by US$21.2 million. Strategic initiatives, including the commissioning of a new facility in Poland and plans for a facility in Mexico, were highlighted as positive developments. A total distribution of 4.0 cents per share was declared, comprising an interim cash dividend and a share buy-back. RWC expects similar trading conditions in the second half of FY26, with some mitigation from tariff impacts.
Key Points
  • Net profit after tax of US$43.7 million, down 34.9%
  • Net sales down 4.6% to US$645.4 million
  • EBITDA decreased by 22.2%
  • US tariffs and weaker demand impacted results
  • Strong cash flow management reduced net debt by US$21.2 million
  • Strategic initiatives included new facilities in Poland and Mexico
  • Distribution of 4.0 cents per share announced
  • Expectations for consistent trading conditions in the second half of FY26
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.