How Is Reece Growing Sales While Profits Slide Amid Market Headwinds?

middle.news 8:08am on Monday 23rd of February, 2026 AEDT • Building Products & Services Read Story

How Is Reece Growing Sales While Profits Slide Amid Market Headwinds?

8:08am on Monday 23rd of February, 2026 AEDT Key Points Sales revenue increased 6% to $4.6 billion EBITDA fell 6%, EBIT down 14%, EPS declined 19% Branch network expanded by 4 in ANZ and 19 in the US Net leverage ratio rose to 1.5x following share buyback Read Story

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