middle.news
Why Did Reece’s EBIT Drop 20% Despite $9 Billion Sales?
10:19pm on Friday 29th of August, 2025 AEST
•
Industrial Goods & Services
Read Story
Why Did Reece’s EBIT Drop 20% Despite $9 Billion Sales?
10:19pm on Friday 29th of August, 2025 AEST
Key Points
FY25 sales revenue down 1% to $9.0 billion
EBIT falls 20% to $548 million, EPS down 24% to 49 cents
Branch network expanded by 39 locations across ANZ and US
ANZ sales flat but EBIT down 17%; US sales down 5%, EBIT down 23%
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Reece (ASX:REH)
OPEN ARTICLE