Reliance Worldwide Corp. Ltd. · ASX:RWC
Reliance Worldwide — Macquarie Conference 2025
20 slides from Reliance Worldwide's conference presentation, May 5, 2025
Slide 1: Investor Presentation May 2025
Investor Presentation May 2025 Heath Sharp Chief Executive Officer RELIANCE WORLDWIDE CORPORATION LIMITED ABN 46 610 855 877
Slide 2: Important Notice
Important Notice This presentation contains general information about Reliance Worldwide Corporation Limited’s activities at the date of presentation (5 May 2025). It is information given in summary form and does not purport to be complete. The presentation is not an offer or invitation for subscrip
Slide 3: Our Vision | The complete plumbing global leader
Our Vision | The complete plumbing global leader Everything for back-of-wall plumbing… The most extensive portfolio of plumbing products and systems... across new aimed at both construction, Residential and repair and Commercial remodel... ...distributed end markets... through wholesale, retail and
Slide 4: RWC's portfolio of trusted products and brands
RWC’s portfolio of trusted products and brands deliver smart solutions that are the first choice for plumbers 4
Slide 5: Strategy Overview
Strategy Overview RWC seeks to create value through product leadership Solutions for Value for the Industry leading the job site distributor execution Smart product solutions that improve Increasing value for the distributor Premium quality products and contractor productivity, enable the DIYer, whi
Slide 6: RWC's model for growth
RWC’s model for growth Organic growth initiatives in combination with acquisitions that collectively enhance and broaden RWC’s product portfolio and customer reach In any given period, targeted base business growth rate with upside Revenue growth since IPO in 2016 has been driven by a from specific
Slide 7: RWC is well positioned for long-term growth
RWC is well positioned for long-term growth Large and fragmented landscape RWC’s Total Addressable Market >US$25B Few large players Enduring tail winds Labour shortage Ageing homes Sustainability investments Differentiated proposition Save time Make jobs easier Tier 1 brands 7
Slide 8: Estimating the total addressable market
Estimating the total addressable market Fire Hydrant Fire Fire Sprinkler Fire Hose Reel Chilled Water Hot Water Mechanical (HVAC) Condensed Water Geothermal Electrical Hot & Cold Water Water In Recyclable Water Sanitary Drainage Est Market Construction market Sewer Drainage Services Behind the Wall:
Slide 9: $25.3 billion total addressable market
$25.3 billion total addressable market Water-In plumbing represents approx. 60%, Water-Out approx. 40% of TAM Rough Water-In Rough Water-Out US$Bn Adjacencies Total Plumbing Plumbing Commercial New 7.5 5.7 30+ 43+ and R&R Residential New 3.3 1.8 9+ 14+ Residential R&R 4.9 2.2 7+ 14+ Total 15.6 9.7 4
Slide 10: RWC has significant growth opportunity in end markets
RWC has significant growth opportunity in end markets RWC has healthy share of market with room for growth Est. Market size1 RWC Share RWC share Market size Growth areas are similar US $19.9B ~4% across all 3 regions: ▪ Residential repair & remodel Australia $1.7B ~12% ▪ Residential new construction
Slide 11: Key brands and products
Key brands and products Enable RWC to pursue growth across R&R, Commercial and New Residential segments Repair / Remodel Commercial New Residential Key Brands Key Products Trusted brands focused on products that make jobs easier for the Pros and DIY 11
Slide 12: Tariff Update
Tariff Update Working to mitigate the impact of US tariffs 12
Slide 13: RWC Tariff Update: Mobilisation
RWC Tariff Update: Mobilisation Despite uncertainties RWC has acted swiftly to ramp up mitigation execution Leadership and Prioritisation Global Tariff Mitigation Team ▪ Senior leader seconded to role with full oversight and ▪ Function is to look for alternatives using RWC’s existing authority manuf
Slide 14: RWC Tariff Update: Sourcing
RWC Tariff Update: Sourcing RWC is moving quickly to further diversify product sourcing beyond China ▪ ~48% of Americas COGS is sourced outside the US and Expected Reduction in China Sourced COGS potentially subject to tariffs 180 US$m Peak ▪ Sourcing is being actively switched from China to: 160 14
Slide 15: RWC Tariff Update: Expected Financial Impact
RWC Tariff Update: Expected Financial Impact Aim to maintain gross margin dollars by fully offsetting tariffs through mitigation efforts Financial Impact of US Tariffs1 ▪ Price increases to mitigate tariffs are in the process of FY25: being implemented with RWC’s channel partners in the US ▪ No mate
Slide 16: RWC's global manufacturing footprint supports sourcing flexibility
RWC’s global manufacturing footprint supports sourcing flexibility locations In the UK we manufacture: ▪ Push-to-connect fittings In China we manufacture: ▪ Appliance installation & repair products ▪ Pipes ▪ Water filtration & drinks dispense fittings In Brisbane Australia we manufacture: ▪ Valves ▪
Slide 17: RWC Tariff Update: Opportunity
RWC Tariff Update: Opportunity RWC is strongly positioned to resist the tariff shock and outperform against peers ▪ Near term focus is on execution; core competency honed by the operational challenges overcome in recent years ▪ Benefit of recent investment to move SharkBite production to the US prov
Slide 18: FY25 Trading Outlook
FY25 Trading Outlook 18
Slide 19: FY25 Trading Outlook: guidance updated
FY25 Trading Outlook: guidance updated1 Group Prior Guidance Current Guidance Status External Sales Expected to be up by mid-single digits on pcp Unchanged Expected to be broadly flat, within a range of up or Unchanged, but expected to be at the lower down by low-single digit percentage points on pc
Slide 20: Plumbing matters. We make it better.
Plumbing matters. We make it better.