RWC FY26 Operating and Financial Review
| Stock | Reliance Worldwide Corporation Ltd (RWC.ASX) |
|---|---|
| Release Time | 18 Aug 2026, 7:41 a.m. |
| Price Sensitive | Yes |
RWC FY26 Operating and Financial Review
- Net sales were $1,305.6 million, 0.7% lower than last year
- Adjusted net sales were 3.0% higher than the prior corresponding period
- Adjusted Group EBITDA was $242.1 million, 12.8% lower than the pcp
- Adjusted NPAT was $125.1 million, 15.3% lower than the pcp
- No final dividend declared due to potential acquisition by Brookfield
Reliance Worldwide Corporation Ltd (RWC) reported a slight decline in net sales for the financial year ended 30 June 2026, with reported sales at $1,305.6 million, down 0.7% from the previous year. However, adjusted net sales, which exclude certain revenue adjustments and the exit from low-margin product lines, were 3.0% higher than the prior corresponding period. Adjusted Group EBITDA was $242.1 million, a 12.8% decrease from the previous year, while adjusted NPAT was $125.1 million, down 15.3% from the prior year. The company faced challenges such as US tariffs, higher copper costs, and lower volumes, but implemented price increases and cost savings to mitigate these issues. The company also announced it would not declare a final dividend due to a potential acquisition by Brookfield Capital Partners LLC.
FY27 sales expected up mid to high-single digit percentage points; Adjusted EBITDA margin expected consistent with FY26
RWC does not expect significant improvement in economic conditions in FY27, with sales expected up by mid to high-single digit percentage points and Adjusted EBITDA margin consistent with FY26.