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Reece Reports NPAT Up 17.26% to $123.04m for Half-Year to 31 December 2020

07 Apr 2021  |  12:01:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Appendix 4D and HY21 financial report

Reece reported NPAT up 17.26% to $123.04m for the half-year ended 31 December 2020. Revenue from ordinary activities were $3,073.53m, up 3.83% from last year. Basic and Diluted EPS were 19 cents compared to 18.7 cents last year. Net operating cash flow was $99.37m compared to $201.22m last year. The interim dividend declared was 6 cents, compared with 6 cents last year.

Reece Half Year Results to 31 December 2020

6 Months to 31 December 2020 ($A'000) 6 Months to 31 December 2019 ($A'000)
Revenue 3,073,532 2,961,668
Pre-Tax Profit 169,887 150,687
Net Profit 123,043 104,930
Operating Cash Flow 99,369 201,222
Interim Dividends (cents) 6 6
Basic and Diluted EPS (cents) 19 18.7
NTA (cents) 146 13
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