Business description: Reece Limited

Reece Limited is an Australia-based distributor of plumbing, waterworks and heating, ventilation, air conditioning and refrigeration (HVAC-R) products. The Company operates through two geographical segments: Australia and New Zealand (ANZ) and United States of America (United States). Its plumbing and bathroom products are sourced both locally and internationally. Its bathroom and kitchen products include tapware and accessories, toilets, basins, showers, vanities and furniture, baths, and spas, sinks and troughs, bathroom, and kitchen appliances. Its plumbing products include piping and fittings, hot water systems, tools, valves, roofing, toilets, tapware, and wastes. Its civil products include pipe and fittings, valves, sewer and drainage, electrical pipe and fittings, fire, and water tanks. It distributes products to commercial and residential customers through approximately 900 branches in Australia, New Zealand, and the United States.

Number of employees: 9,000

Sales by Activity: Reece Limited

Fiscal Period: June 2021 (AUD) 2022 (AUD) 2023 (AUD) 2024 (AUD) 2025 (AUD)

Distributor of Plumbing, Waterworks, and HVAC-R

6.27B 7.65B 8.84B 9.1B 8.98B

Geographical breakdown of sales: Reece Limited

Fiscal Period: June 2021 (AUD) 2022 (AUD) 2023 (AUD) 2024 (AUD) 2025 (AUD)

United States

3.12B 4.14B 4.99B 5.26B 5.1B

Australia and New Zealand (ANZ)

3.15B 3.52B 3.85B 3.85B 3.88B

Executive Committee: Reece Limited

Manager TitleAgeSince
Chief Executive Officer 58 31/12/1997
Director of Finance/CFO - 16/11/2016
Director of Finance/CFO - 30/09/2023
Investor Relations Contact - -
Corporate Officer/Principal - 30/06/2024

Composition of the Board of Directors: Reece Limited

Director TitleAgeSince
Chairman 58 31/10/2024
Chairman 85 31/12/2000
Director/Board Member 50 08/09/2016
Director/Board Member - 31/08/2018
Director/Board Member - 30/06/2024
Director/Board Member - 14/11/2024
Director/Board Member 57 31/01/2025
Director/Board Member 54 31/10/2025
Director/Board Member - -

Shareholders: Reece Limited

NameEquities%Valuation
L.T. Wilson Pty Ltd.
25.56 %
157,200,000 25.56 % 1 549 M $
LTW Holdings Pty Ltd.
9.755 %
60,000,000 9.755 % 591 M $
Warramunda Investments Pty Ltd.
7.909 %
48,645,000 7.909 % 479 M $
AustralianSuper Pty Ltd.
7.73 %
47,545,591 7.73 % 469 M $
5.463 %
33,603,200 5.463 % 331 M $

Company details: Reece Limited

Reece Ltd.

57 Balmain Street

3121, Cremorne

+

http://www.reecegroup.com.au
address Reece Limited(REH)

Construction Supplies & Fixtures Wholesale

Change 5d. change 1-year change 3-years change Capi.($)
+4.34%+2.08%-16.76%-24.38% 5.81B
-3.53%-8.26%+21.19%+49.36% 42.66B
-3.15%-5.39%-28.77%-14.35% 2.38B
+2.87%-0.59%+58.83%+981.09% 766M
+1.24%+3.80%+28.76%+29.93% 750M
-0.19%-1.06%+20.94%+52.98% 658M
-2.47%-2.44%+22.48%+10.90% 585M
-11.17%-7.19%-33.97%-45.83% 411M
-0.43%+1.87%+8.04%+21.02% 395M
Average -1.35%-1.44%+8.97%+117.86% 6.05B
Weighted average by Cap. -2.50%-6.98%+15.08%+50.25%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
15
Last Close Price
13.71AUD
Average target price
15.03AUD
Spread / Average Target
+9.60%

Quarterly revenue - Rate of surprise

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