Business
Reece (ASX:REH) share price on watch after solid half year results

The Reece Ltd (ASX: REH) share price will be one to watch on Friday.
This follows the release of the plumbing parts company’s half year results after the market close yesterday.
How did Reece perform in the first half?
For the six months ended 31 December, Reece reported a 4% increase in sales revenue to $3,074 million.
This was driven by a 7% lift in Australia and New Zealand sales revenue to $1,564 million and a 1% increase in US sales revenue to $1,509 million. The latter was up 7% in constant currency.
Things were even better for its earnings thanks to margin expansion. The company reported a 12% increase in normalised earnings before interest, tax, depreciation and amortisation (EBITDA) to $349 million. And on the bottom…
-
Business20 hours ago
Why is Alphabet stock worth less than Nvidia, Microsoft, Apple, and Amazon even though it is the most profitable S&P 500 company?
-
Noosa News17 hours ago
Tips to improve engagement – Proctor
-
Noosa News20 hours ago
‘Sunny, benign’ school holiday weather after morning showers in parts of Queensland
-
General14 hours ago
Developer warns wind energy capacity may not be ready by WA coal deadline