ASX Announcements
Annual Report, Top 20 shareholders, Full Year Accounts, Full Year Audit Review, Full Year Directors' Statement, Full Year Directors' Report
- Aug 20, 2024
- 126 pages
August
- Opinion
- Chanticleer
What I learnt from 30 CEOs in 30 days
The profit season has delivered a confusing picture of an economy stuck between cycles. Here are 30 nuggets to help investors navigate this tricky environment.
- Updated
- James Thomson
- Results Wrap
- Chanticleer
Dexus’ big move and the other result that caught our eye
Dexus gives itself more wriggle room, Reliance Worldwide gets investor hearts racing, and Vicinity Centres goes further upmarket.
- James Thomson and Anthony Macdonald
- Opinion
- Chanticleer
‘People need a rate cut’: Here’s the big story of profit season
The pressure of higher-for-longer rates is the thread running through profit season. But the pain is far from over, even if the ASX 200 doesn’t believe it.
- James Thomson
February 2023
- Opinion
- Chanticleer
What we learnt: Bendigo joins banking’s Game of Thrones
Bendigo Bank war-games the profit versus growth conundrum, why NIB’s profit drop is a good thing, and Reliance Worldwide thinks small.
- Updated
- James Thomson
Reliance Worldwide cuts jobs as interim profits rise 5pc
The plumbing supplies group is getting rid of about 50 jobs in the US to meet new cost-cutting targets as it battles tougher economic conditions.
- Updated
- Jenny Wiggins
Soft US housing puts Reliance Worldwide in PE’s sights
It’s seven years since Reliance Worldwide Corp hit the ASX boards, and suitors are thinking about whether it’s possible to return it back into private hands.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
October 2022
- Opinion
- Chanticleer
The warning from this $2.5b company should worry all investors
Reliance Worldwide’s plunging share price shows investors have a lot to worry about: falling demand, rising inflation, increasing debt costs and even COVID.
- James Thomson
Cost-cutting in the spotlight for plumbing supplies group
The playbook of plumbing supplies group Reliance, which lifted prices and is now cutting costs, is set to be common place across industry.
- Simon Evans
August 2022
Renovators to cushion plumbing supplies group Reliance
A softer July is a worry, but chief executive Heath Sharp says there is a big backlog of renovation work and plumbers cannot keep up.
- Simon Evans
April 2022
Plumbing supplies group Reliance Worldwide lifts prices 10pc
Renovators already facing lengthy delays in finding tradies have another reason to worry, with the cost of plumbing hardware jumping.
- Simon Evans
March 2022
More price hikes coming, shoppers told
Consumers will need to pare back purchases of discretionary items like televisions, blenders and Botox treatments as the rising cost of fuel and materials forces more companies to raise prices, business leaders say.
- Jenny Wiggins, Carrie LaFrenz and Simon Evans
February 2022
- Opinion
- Chanticleer
What we learnt: Mike Cannon-Brookes’ other bet slumps
Payments group Tyro tumbles shocks investors, Lendlease bounces along the bottom and Reliance Worldwide shrugs off the spicy cough.
- James Thomson
All the profit results for February 21, 2022
Results briefing | News and analysis on today’s profit results from Adairs, Altium, Ampol, BlueScope, Chorus, Cooper Energy, Endeavour, GDI, Hansen, Helloworld, Latitude, Lendlease, Maca, NIB, Nuix, OZ Minerals, Reliance, SelfWealth, Senex, Silver Lake, Sonic Healthcare, Starpharma, Super Retail, Tyro, Viva. Find updated reports and analysis here.
- Andrew Hobbs
‘Unprecedented’ price inflation is why you’re paying more for pipes
Reliance Worldwide CEO Heath Sharp says he has never seen prices of commodities and packaging materials increase so fast.
- Jenny Wiggins
October 2021
Reliance Worldwide steps up US expansion with EZ-FLO buy
Reliance CEO Heath Sharp says he is impressed by the pricing power of the business as it moves into the large appliance market.
- Updated
- Simon Evans
August 2021
Reece Group loads up on bathtubs to blunt shipping strife
The bathrooms giant lifted profits by 25 per cent to a record as home renovations boomed, but lockdowns have curbed growth.
- Simon Evans
- Opinion
- Chanticleer
What we learnt: Reliance Worldwide, WAM Microcap, Prospa
Reliance shows how to live with delta, WAM hunts unloved little gems, and Prospa delivers some good news about SME resilience.
- Updated
- James Thomson
Renovators drive Reliance Worldwide but inflation pressures build
Shipping delays and a shortage of plumbers are a potential constraint, after Reliance delivered booming profits.
- Updated
- Simon Evans
July 2021
Reliance Worldwide buys Melbourne brass maker
The $4.2 billion plumbing supplies group will pay $37 million for a business which derives 90 per cent of its sales from Reliance.
- Simon Evans
May 2021
Reliance Worldwide hunts for acquisitions in UK, US
The plumbing supplies group is on the front foot looking for bolt-on buys, and eventually wants to own a big European business too.
- Simon Evans