Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Reliance Worldwide Provides Trading Update

27 Jan 2021  |  08:41:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Trading update for six months ended 31 December 2020

Reliance Worldwide provided a trading update for the six months ended 31 December 2020. EMEA sales were up 9% (up 11% on a constant currency basis) with a recovery in sales following the relaxation of UK Government restrictions to control the spread of COVID-19 at the beginning of the period. Net debt reduction of $76m since 30 June 2020. Leverage reduced from 1.57 times to 0.88 times at 31 December 2020.

Please click here for full details

See more ASX300 News Announcements