Reece Ltd

REH: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Reece Earnings: Macro Uncertainty Clouds Near-Term Outlook

Esther Holloway

Aug 24, 2026

Reece's fiscal 2026 constant-currency sales of AUD 9.4 billion were 7% higher than the prior year. But 10% higher group costs, driven by digital and technology spending and employee costs and incentives, underpinned flat EBITDA of AUD 901 million. Shares lifted 2% on Aug. 24.

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Reece Ltd

Reece Earnings: Macro Uncertainty Clouds Near-Term Outlook

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