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Reliance Worldwide Corp. ( (AU:RWC) ) has provided an announcement.
Reliance Worldwide Corp. reported a 5.5% increase in net sales for the financial year ending June 30, 2025, reaching $1,314.7 million, driven by the acquisition of Holman Industries and organic growth in the Australian market. Despite weaker demand in the US and UK remodel and residential construction markets, the company achieved cost savings of $17.4 million and realized $2.3 million in synergies from Holman. Adjusted EBITDA rose by 1.1% to $277.7 million, though the adjusted EBITDA margin slightly decreased to 21.1%. Reported net profit after tax was $125.0 million, a 13.5% increase from the previous year, with adjusted net profit after tax at $147.7 million, up 0.5%.
The most recent analyst rating on (AU:RWC) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Reliance Worldwide Corp. stock, see the AU:RWC Stock Forecast page.
More about Reliance Worldwide Corp.
YTD Price Performance: -8.62%
Average Trading Volume: 2,308,246
Technical Sentiment Signal: Buy
Current Market Cap: A$3.47B
For detailed information about RWC stock, go to TipRanks’ Stock Analysis page.
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