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Why Is Reece Struggling Despite Interest Rate Cuts? FY25 EBIT Guidance Reveals
9:02am on Friday 27th of June, 2025 AEST
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Why Is Reece Struggling Despite Interest Rate Cuts? FY25 EBIT Guidance Reveals
9:02am on Friday 27th of June, 2025 AEST
Key Points
FY25 EBIT guidance set at A$548m–A$558m, reflecting subdued volumes
Housing market softness persists in Australia, New Zealand, and US sunbelt
US residential new construction slowdown and increased competition weigh on margins
Recent interest rate cuts yet to stimulate housing activity
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