Reece Limited · ASX:REH
Reece — H1 FY2018 Earnings Presentation
6 slides from Reece's earnings presentation, Feb 22, 2018
Slide 1: Half Yearly Announcement
Half Yearly Announcement 22 February 2017
Slide 2: Half Year Snap Shot
Half Year Snap Shot • Record half-year sales and profit Sales Revenue NPBT result 10.0% to $1,332.3m 10.0% to $151.1m • Interim dividend of 6.0 cents per share - up 3.5% • Strong balance sheet with the Debt to Equity ratio of 0.1:1 for the six months ended 31 NPAT Dividends December 17 10.0% to $105
Slide 3: Strong sales performance
Strong sales performance Revenue ($m) $m 10.0% to $1.3b 1400 CAGR $1,332 • Opened four new branches plus 1300 12.1% the addition of eight branches $1,211 with the Viadux acquisition 1200 $1,141 • New Zealand Distribution Centre 1100 commenced operations in the first $1,052 half 1000 • Strong focus
Slide 4: Net Profit Before Tax (NPBT)
Net Profit Before Tax (NPBT) NPBT ($m) $m 10.0% to $151m CAGR 160 $151 15.1% • Record first half result for the $137 140 group $128 120 • Enhanced online offering for both $106 trade and retail customers 100 $86 • Introduced new innovative and exclusive products to the group 80 • Delivering value
Slide 5: Net Profit After Tax
Net Profit After Tax NPAT ($m) $m 10.0% to $106m 120 CAGR 15.4% $106 • Record NPAT result 100 $96 $90 • Record result delivered while $80 continuing to invest in capabilities, 80 to support long term growth $60 • Core business fundamentals are 60 strong, resulting in strong and consistent earnings
Slide 6: Half Yearly Announcement
Half Yearly Announcement 22 February 2017