onlyASX Announcement 24 February 2022
1H22 Investor Presentation
useAttached for release is Reece Limited's first half FY22 results presentation for the 6 month period ended 31 December 2021.
personalFor further information contact: Siobhan Weaver
Investor Relations
E:siobhan.weaver@reece.com.au
T: 0477 480 813
Chloe Dougherty
Media Relations
E:chloe.dougherty@reece.com.au
T: 0476 611 584
This announcement has been authorised by Chantelle Duffy, Company Secretary at the direction of the Reece Limited Board.
ForAbout the Reece Group
Reece Group is a leading distributor of plumbing, waterworks and HVAC-R products to commercial and residential customers through over 800 branches in Australia, New Zealand and the United States.
Established in 1920 and listed on the Australian Securities Exchange (ASX: REH), Reece Group has approximately 9,000 employees committed to improving the lives of its customers by striving for greatness every day.
For further information on Reece Group and its portfolio of businesses please visit group.reece.com/au.
118 Burwood Highway | Private Bag 109 | T 61 3 9274 0000 | ABN 49 004 313 133 | |
Burwood Victoria 3125 | Burwood Victoria 3125 | F 61 3 9274 0199 | www.group.reece.com/au | 1 |
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Half Year Results 2022
6 months ended
31 December 2021
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Reece Group - Half Year Results 2022 | 2 |
Disclaimer
The material in this presentation has been prepared by Reece Limited (ABN 49 004 313 133) ("Reece") (ASX:REH) and is general background information about Reece's activities current as at the date of this presentation. The information is given in summary form and does not purport to be complete. In particular you are cautioned not to place undue reliance on any forward-looking statements regarding Reece's belief, intent or expectations with respect to Reece's businesses, market conditions and/or results of operations. Although due care has been used in the preparation of such statements, actual results may vary in a material manner. No representation, warranty or assurance (express or implied) is given or made in relation to any forward-looking statement by any person (including Reece).
Subject to any continuing obligations under applicable law or any relevant listing rules of the Australian Securities Exchange, Reece disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in this presentation to reflect any change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which any such statement is based. Nothing in this presentation shall under any circumstances create an implication that there has been no change in the affairs of Reece since the date of these materials.
Information in this presentation, including any forecast financial or other information, should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities. Before acting on any information you should consider the appropriateness of the information having regard to these matters and, in particular, you should seek independent financial advice.
Non-IFRS Financial Information
Reece uses certain measures to manage and report on its business that are not recognised under Australian Accounting Standards. These measures are collectively referred to as non-IFRS financial measures. Although Reece believes that these measures provide useful information about the financial performance of Reece, they should be considered as supplemental to the measures calculated in accordance with Australian Accounting Standards and not as a replacement for them. Because these non-IFRS financial measures are not based on Australian Accounting Standards, they do not have standard definitions, and the way Reece calculates these measures may differ from similarly titled measures used by other companies. Readers should therefore not place undue reliance on these non- IFRS financial measures.
Non-IFRS performance measures have not been subject to audit or review.
Note: All financial amounts contained in this presentation are expressed in Australian dollars unless otherwise stated. Any discrepancies between totals and the sum of components in tables contained in this presentation are due to rounding.
Presenters | |
use only | Peter Wilson |
ersonal | Group Chief |
Executive Officer |
Reece Group - Half Year Results 2022 | 3 |
Andrew Cowlishaw
Group Chief
Financial Officer
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What we'll share today
01 | 02 |
HY22Our
overviewfocus
04 | 05 |
HY22 Financial | Economic |
performance | commentary |
Reece Group - Half Year Results 2022 | 4 |
03
HY22 highlights
06
Summary
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Disclaimer
Reece Limited published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 05:31:03 UTC.