FY23 Full Year Results
21 August 2023
Reliance Worldwide Corporation Limited today announced results for financial year ended 30 June 2023.
Highlights:
- Net Sales growth of 6% to US$1,243.8 million over the prior corresponding period (“pcp”)
- Americas sales growth of 13% over pcp including full year contribution from EZ-Flo
- Asia Pacific local currency sales down 4% on pcp, external sales down 1%
- EMEA local currency sales up 3% overall, UK sales up 7%
- Adjusted EBITDA1 of US$274.6 million, up 2% on pcp and up 5% in constant currency
- Adjusted Net Profit after Tax1 of US$155.7 million, down 4% on pcp
- Cash Flow from Operations up 110% to US$292.7 million, net debt reduction of $116 million
- Final unfranked dividend of US5.0 cents per share resulting in full year dividend of US9.5 cents per share
For investor enquiries, please contact:
Phil King
Group Investor Relations Director
Tel: +61 499 986 189
Email: [email protected]
For media enquiries, please contact:
Nick Howe
GRACosway
Tel: +61 407 183 221