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Reece Reports NPAT Up 27.66% to $157.08m for Half-Year to 31 December 2021

02 May 2022  |  16:01:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Appendix 4D and Half Year Financial Report

Reece reported NPAT up 27.66% to $157.08m for the half-year ended 31 December 2021. Revenue from ordinary activities were $3,600.2m, up 17.1% from last year. Basic and Diluted EPS were 24.3 cents compared to 19 cents last year. The net operating cash outflow was $83.65m compared to $89.53m last year. The interim dividend declared was 7.5 cents, compared with 6 cents last year.

Reece Half Year Results to 31 December 2021

6 Months to 31 December 2021 ($A'000) 6 Months to 31 December 2020 ($A'000)
Revenue 3,600,201 3,073,532
Pre-Tax Profit 223,561 169,887
Net Profit 157,082 123,043
Operating Cash Flow (83,653) 89,533
Interim Dividends (cents) 7.5 6
Basic and Diluted EPS (cents) 24.3 19
NTA (cents) 185 146
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