Want to see AU:RWC full AI Analyst Report?
Earnings Data
Report Date
Aug 18, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.13Last Year’s EPS
0.13Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call described a challenging first half marked by meaningful margin compression driven by tariffs, lower volumes and commodity volatility, alongside weak U.S. and U.K. end markets. Offsetting strengths included strong cash generation, debt reduction, clear operational progress (Poland plant, SharkBite Max rollout, U.K. service improvements), completed pricing actions and ongoing tariff mitigation. Management reiterated guidance, expects sequential margin improvement in H2, but flagged a small residual FY '27 tariff impact and a multiyear program to reduce copper exposure. Overall, the discussion balances significant near-term financial headwinds with credible mitigation actions and operational achievements that support an improving trajectory.Company Guidance
Strong cash generation and balance sheet improvement
Cash generated from operations of $102.6M (down 19% on lower earnings) with operating cash flow conversion of 92.1% (above PCP and a 90% target). Net debt reduced by $21.2M in the half and $70.2M over the past 12 months; net leverage declined to 1.39x, preserving covenant headroom and flexibility.
Operational milestones delivered
New Poland assembly plant commissioned and began production in the half; customer service in the U.K. materially improved (reduced order lead times and higher fill rates); SharkBite Max launched across Australia with a successful rollout; plans finalized for a Mexico manufacturing facility to augment U.S. operations.
Tariff mitigation progress
Diversification of sourcing away from China is accelerating, pricing actions have been completed and are flowing through, and cost reduction initiatives are underway. Company maintained FY '26 expected tariff EBITDA impact of $25M–$30M and now expects a residual FY '27 impact of $5M–$7M (previously targeted at 0).
Cost savings and disciplined working capital
Realized $4.4M in cost savings in the half via procurement, manufacturing efficiencies and distribution optimization; full-year cost saving target of $8M–$10M remains in place with another ~$4M–$5M expected in H2. Receivables tightened and payables extended to offset inventory build.
Product and regional growth pockets
APAC delivered +0.6% sales in local currency; Continental Europe grew underlying sales +5.7% (adjusted for prior-year Spain disposal) driven by new product launches in Germany, France and Italy.
Maintained guidance and H2 improvement trajectory
Management reiterates FY '26 external sales are expected to be broadly flat year-over-year, expects H2 external sales up mid-single digits, and anticipates EBITDA margin improvement in each region in H2 as tariff mitigation and operational actions take effect.
Shareholder returns
Declared distribution for the half totalling USD 0.04 per share (USD 0.02 interim dividend and USD 0.02 on-market buyback equivalent).
Financial results (key metrics despite headwinds)
Adjusted NPAT of $52.2M, adjusted EPS $0.067 per share, and Adjusted EBITDA of $111.4M (see lowlights for comparison to prior period).
AU:RWC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:RWC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 16, 2026 | AU$3.82 | AU$3.47 | -9.09% |
Aug 18, 2025 | AU$4.52 | AU$4.21 | -6.73% |
Feb 17, 2025 | AU$5.23 | AU$5.03 | -3.92% |
Aug 19, 2024 | AU$4.55 | AU$4.95 | +8.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Reliance Worldwide Corp. Ltd. (AU:RWC) report earnings?
Reliance Worldwide Corp. Ltd. (AU:RWC) is schdueled to report earning on Aug 18, 2026, TBA (Confirmed).
What is Reliance Worldwide Corp. Ltd. (AU:RWC) earnings time?
Reliance Worldwide Corp. Ltd. (AU:RWC) earnings time is at Aug 18, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Reliance Worldwide Corp. Ltd. stock?
The P/E ratio of Reliance Worldwide Corp. is N/A.
What is AU:RWC EPS forecast?
AU:RWC EPS forecast for the fiscal quarter 2026 (Q4) is 0.13.