Reece Ltd

REH: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Reece Earnings: North America Props Up Australia

Esther Holloway

Aug 19, 2024

The US segment held its own in Reece's fiscal 2024 results. While the Australian business' earnings were flat, group-adjusted EBITDA and revenue were 5% and 3% higher, respectively, than the previous corresponding period due to sales growth and margin improvement in the US.

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Reece Ltd

Reece Earnings: North America Props Up Australia

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