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Company News Summary

Reliance Worldwide Provides Trading Update

27 Apr 2021  |  08:29:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Trading update for quarter ended 31 March 2021

Reliance Worldwide provided a trading update for the three months ended 31 March 2021. Consolidated net sales for the quarter were $359.4m, 14% higher than for the pcp. Reported net sales were negatively impacted by the strength of the Australian dollar relative to other currencies, particularly the US Dollar. On a constant currency basis, net sales were up 27%.

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