Reliance Worldwide Corp. Ltd. · ASX:RWC
Reliance Worldwide — Investor Presentation (November 2022)
25 slides from Reliance Worldwide's investor presentation, Nov 30, 2022
Slide 1: Company Profile
Company Profile November 2022
Slide 2: Important notice
Important notice This presentation contains general information about the activities of Reliance Worldwide Corporation Limited and its operating businesses at the date of presentation (30 November 2022). It is information given in summary form and does not purport to be complete. It should be read i
Slide 3: Business Overview
Business Overview 3
Slide 4: RWC is a leader in water flow and control products for the behind the wall plumbing sector
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook RWC is a leader in the design, manufacture and supply of water flow and control products and solutions for use in th
Slide 5: Product Portfolio
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook Product Portfolio From the construction of new commercial and residential buildings to the repair and remodel of exi
Slide 6: Strong growth track record
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook Strong growth track record Since the IPO in 2016, RWC net sales has grown at a 20% CAGR FY22 EBITDA Margin: 22.9% RW
Slide 7: RWC's portfolio of trusted products and brands
7 Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook RWC’s portfolio of trusted products and brands deliver smart solutions that are the first choice for plumbers
Slide 8: RWC self-manufactures >80% of the products it sells
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook RWC self-manufactures >80% of the products it sells 1 Americas Global Operating Europe, Middle East & Africa Asia-Pa
Slide 9: Service and delivery performance are key competitive strengths
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook RWC’s service and delivery performance are key competitive strengths Americas: 7 Distribution Centres ▪ New 600,000
Slide 10: Strategy overview: Creating value through product leadership
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook Strategy overview Creating value through product leadership Solutions for Value for the Industry leading the job sit
Slide 11: RWC Americas snapshot
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook RWC Americas snapshot Well positioned brands across a diverse product range serving multiple segments Category Mix C
Slide 12: Americas snapshot: products and customers
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook Americas snapshot: products and customers RWC’s Americas broad product portfolio is highly penetrated in all key dis
Slide 13: US repair, maintenance and improvement (RMI) overview
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook US repair, maintenance and improvement (RMI) overview Remodel activity has increased steadily, ageing housing stock
Slide 14: Americas growth priorities
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook Americas growth priorities Leverage innovation, brand strength and product offering across all channels to optimise
Slide 15: EMEA business snapshot
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook EMEA business snapshot Exceptionally strong brands in a diverse set of markets and geographies Category mix2 Footpri
Slide 16: EMEA snapshot: products and customers
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook EMEA snapshot: products and customers RWC’s UK plumbing and heating market benefits from a high presence in wholesal
Slide 17: UK repair, maintenance and improvement (RMI) overview
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook UK repair, maintenance and improvement (RMI) overview RWC highly penetrated in sectors offering strong resilience UK
Slide 18: EMEA growth priorities
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook EMEA growth priorities Enabling specific initiatives in UK and Europe to accelerate, expand and access Key Enablers
Slide 19: RWC APAC snapshot
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook RWC APAC snapshot Exceptionally strong brands in a diversified set of markets, and geographies Category Mix – AUS/NZ
Slide 20: Capital Management approach
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook Capital Management approach Capital management approach aims to minimise the cost of capital and ensure ongoing acce
Slide 21: FY23 capital expenditure outlook
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook FY23 capital expenditure outlook Capital Expenditure US$m Commentary 70 ▪ FY23 Capex forecast to be in the range of
Slide 22: Summary of Q1 FY23 Performance
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook Summary of Q1 FY23 Performance Commentary US$ million Q1 FY22 Q1 FY23 % Change Constant currency sales growth 28% Ne
Slide 23: FY23 Q1 Adjusted EBITDA
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook FY23 Q1 Adjusted EBITDA Price increases offset inflation but diluted margins, FX translation headwinds US$m Commenta
Slide 24: Outlook for FY 2023
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook 1 Outlook for FY 2023 Despite an uncertain economic outlook, R&R activity levels expected to underpin demand Positiv
Slide 25: RWC: committed to making a positive, lasting impact
Americas: segment EMEA: segment APAC: segment Recent performance ESG Summary RWC Overview Capital Allocation profile and strategy profile and strategy profile and strategy and outlook RWC: committed to making a positive, lasting impact Net Zero 42% reduction Scope 3 by 2050 in Scope 1 and Continue t
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