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FY23 Full Year Results

2023 Annual Report - article image

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

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