Company News Summary
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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