• Net Sales up 5.5% to $1,314.7 million
• Reported net profit after tax up 13.5% to US$125.0 million
• Adjusted EBITDA up 1.1% to US$277.7 million

Reliance Worldwide Corporation Limited (ASX: RWC) has announced its financial results for the year ended 30 June 2025. The company reported net profit after tax of US$125.0 million, up 13.5% on the prior corresponding period (pcp), and adjusted net profit after tax of US$147.7 million, up 0.5% on pcp. Net sales were $1,314.7 million, 5.5% higher than pcp, reflecting a full year contribution from the Holman Industries acquisition in March 2024. Excluding Holman and the impact of the closure of the Supply Smart sales model, sales were 0.5% lower than pcp. Adjusted EBITDA was US$277.7 million, up 1.1% on pcp. The company generated strong cash flow, with operating cash flow conversion at 97.6% of adjusted EBITDA, and reduced net debt, with leverage decreasing to 1.30 times. A final distribution of 5.0 cents per share, comprising a 2.5 cents per share unfranked dividend and a US$19.4 million on-market share buyback, has been declared.

For the first six months of FY26, RWC expects consolidated external sales to be broadly flat to down by low single digit percentage points, relative to the prior corresponding period. The imposition of additional US tariffs is expected to adversely impact operating earnings and margins, with the net cost impact on FY26 EBITDA estimated to be in the range of $25 million to $30 million.

Given the uncertainty around the immediate economic outlook in each of RWC's key markets, the company is not providing quantitative guidance for overall FY26 full year revenue and earnings expectations. However, RWC expects full year operating cash flow conversion in FY26 to be above 90%, consistent with its long-term target.