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Why Did Reece’s FY25 Profits Slide Despite Revenue Stability?

10:19pm on Friday 29th of August, 2025 AEST Industrial Goods & Services
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Why Did Reece’s FY25 Profits Slide Despite Revenue Stability?

10:19pm on Friday 29th of August, 2025 AEST
Key Points
  • FY25 revenue down 1.4% to AUD 8.98 billion
  • EBITDA fell 10.6% to AUD 901 million; NPAT down 24.4% to AUD 317 million
  • Expanded branch network by 39 locations, including 24 in the US
  • Three small acquisitions completed, including digital firm Shadowboxer
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