RWC FY26 Full Year Results Announcement
| Stock | Reliance Worldwide Corporation Ltd (RWC.ASX) |
|---|---|
| Release Time | 18 Aug 2026, 7:41 a.m. |
| Price Sensitive | Yes |
RWC Reports FY26 Results
- Reported Net Profit After Tax: US$6.3 million
- Adjusted Net Profit After Tax: US$125.1 million
- Net Sales: US$1,305.6 million, down 0.7% YoY
- No final distribution declared
- Brookfield Capital Partners' proposal under consideration
Reliance Worldwide Corporation Ltd (RWC) reported financial results for the year ended 30 June 2026, showing a reported net profit after tax of US$6.3 million and an adjusted net profit after tax of US$125.1 million. Net sales were US$1,305.6 million, down 0.7% from the previous corresponding period. The company faced challenges due to US tariffs, higher input costs, and weaker demand in the US and UK. Adjusted net sales increased by 1.5% in constant currency. The company generated US$263.4 million in cash from operations, enabling a reduction in net debt to US$243.4 million. RWC did not declare a final dividend following an unsolicited proposal from Brookfield Capital Partners LLC. The company expects sales growth in FY27, driven by new product initiatives and price increases, despite a weak economic outlook.
RWC expects Group sales in FY27 to be up by mid to high-single digit percentage points relative to the pcp.
RWC expects global geopolitical events and US trade policy settings to continue impacting input cost inflation, interest rates, and consumer demand levels in FY27.