Reece Restricted (REECF) This autumn 2026 Earnings Name August 23, 2026 7:00 PM EDT
Firm Contributors
Peter Wilson – Chairman & CEO
Sasha Nikolic – MD, Group President & Govt Director
Andrew Younger – Chief Monetary Officer
Convention Name Contributors
Peter Steyn – Macquarie Analysis
Keith Chau – MST Monetary Providers Pty Restricted, Analysis Division
Lee Energy – JPMorgan Chase & Co, Analysis Division
Niraj-Samip Shah – Goldman Sachs Group, Inc., Analysis Division
Brook Campbell-Crawford – Barrenjoey Markets Pty Restricted, Analysis Division
Harry Saunders – E&P, Analysis Division
Daniel Sykes – Jarden Restricted, Analysis Division
Ramoun Lazar – Jefferies LLC, Analysis Division
Samuel Seow – Citigroup Inc., Analysis Division
Joseph Michael – Morgan Stanley, Analysis Division
Presentation
Operator
Good day, and thanks for standing by. Welcome to Reece Group Full 12 months 2026 Outcomes Convention Name. [Operator Instructions] Please be suggested that in the present day’s convention is being recorded.
I might now like handy the convention over to your first speaker in the present day, Mr. Peter Wilson, Chairman and Chief Govt Officer of Reece Group. Please go forward.
Peter Wilson
Chairman & CEO
Properly, good morning, everybody, and thanks for becoming a member of us for our FY ’26 outcomes name. Becoming a member of me in the present day are Sasha Nikolic and Andy Younger. And I’ll begin with an summary of the 12 months after which a recap of our technique; Sasha will then share how the enterprise is monitoring; Andy will then take you thru the financials earlier than I cowl the outlook and we open to questions. Earlier than we start, please notice all figures are in Australian {dollars}, except in any other case said.
Turning to an summary of FY ’26. We delivered gross sales income of $9.4 billion, which was up 4.5% on the prior 12 months. EBITDA was flat at $901 million, and EBIT was down 2.6% to $534 million. In ANZ, gross sales was up 8%, pushed by larger volumes with a 2% inflation contribution. Within the U.S., gross sales have been up 6.5%, pushed by community enlargement and in addition
