ASX:RWC

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ASX:RWC

Reliance Worldwide struggles amidst soft market

20 Aug 2024 - Global plumbing products group, Reliance Worldwide (ASX:RWC), reported the same weak results on Tuesday as its Australian-focused rivals, GWA and Reece, did on Monday…

RWC's acquisition strategy and dividend adjustment

19 Feb 2024 - Last week, the global plumbing supplies and services group RWC (ASX:RWC) revealed its $160 million purchase of the Australian company Holman Services, which operates …

Reliance Worldwide sees 8% decline in shares

21 Aug 2023 - Global plumbing supplies group Reliance Worldwide (ASX:RWC) witnessed a decline of over 8% in its shares yesterday as its results for the 2022-23 period fell short of…

RBA on rates, Why Australia's market is globally important, Building sector stocks

02 Aug 2023 - Fund Manager Chris Pedersen discusses the overnight rate, macro market concerns, the ten-year bond yield, commodity prices, James Hardie, Reliance WorldWide and Brick…

Reliance taps into workforce to keep costs in check

21 Feb 2023 - Plumbing supplies group Reliance Worldwide (ASX:RWC) says it will cut jobs to get an annual cost reduction of $US15 million after a 10% drop in interim earnings to $U…

Reliance result not quite what it seems

26 Oct 2022 - On the face of it the 23% rise in sales to $US303.1 million for the September quarter reported by Reliance Worldwide (ASX:RWC) looked more than OK, as did the 16% ris…

Trading Tidbits: LLC, NCK, RWC

23 Aug 2022 - Here’s Monday’s key June 2022 half-year results, featuring the latest from developer Lendlease (ASX:LLC), retail chain Nick Scali (ASX:NCK) and plumbing supplies grou…

Energy surges on Monday's session: ASX closes 1.1% higher

04 Jul 2022 - The ASX had a strong start to the week after all sectors finished Monday’s session in positive territory. Energy led the pack, up 2.6%, followed by real estate, consu…

Property sector leads broad-based rally: ASX jumps 1.1% at noon

04 Jul 2022 - The Australian sharemarket has jumped this morning in a broad-rally led by property, then communication services, healthcare and utilities. At noon, the S&P/ASX 200 i…

Stocks of the Hour: ResMed, Ramsay Health Care & Reliance Worldwide

29 Apr 2022 - A snapshot of the stocks on the move featuring ResMed (ASX:RMD), Ramsay Health Care (ASX:RHC) & Reliance Worldwide (ASX:RWC).

Stocks of the Hour: A2 Milk, Reliance Worldwide, Nib

21 Feb 2022 - A snapshot of the stocks on the move featuring A2 Milk (ASX:A2M), Reliance Worldwide (ASX:RWC) & Nib (ASX:NHF).

ASX dips 0.3%, Whitehaven Coal tumbles, Coles' sales rise, A2 Milk's rating gets upgraded

28 Oct 2021 - The ASX slipped at the open though slowly found its footing towards lunchtime as investors watched the commodities pull-back. The local bourse is on track to snap it…

Wall St mixed, Commodities pull back, ANZ posts $6.2b profit, WOW as hold: ASX to slip

28 Oct 2021 - Mixed market across the globe as earnings season continues. Investors continued to remain cautious around inflation, and supply chain disruptions. Woolworths rated as…

Stocks of the Hour: Oil Search, Reliance Worldwide & Crown Resorts

26 Oct 2021 - A snapshot of the stocks on the move, featuring Oil Search (ASX:OSH), Reliance Worldwide Corporation (ASX:RWC) & Crown Resorts (ASX:CWN).

ASX climbs, Crown jumps 9%, Miners mixed: ASX up 0.2% at noon

26 Oct 2021 - The ASX is pushing forward this morning as technology stocks and casino giants lift. At noon, the S&P/ASX 200 is 0.2% or 16.8 points higher at 7457.80. The SPI future…

Reliance Worldwide (ASX:RWC) reports on Sep Quarter & EZ-FLO acquisition

26 Oct 2021 - Global plumbing and heating specialist Reliance Worldwide (ASX:RWC) reported on its September quarter, while at the same time, announced the acquisition to EZ-FLO Int…

Reliance Worldwide (ASX:RWC) delivers a 111% rise in net profit for FY21

23 Aug 2021 - Global plumbing and heating specialist Reliance Worldwide Corporation (ASX:RWC), posted a record year in revenue and earnings, for the period ending 30 Jun 2021 (FY21…

Reliance Worldwide (ASX:RWC) set to acquire LCL assets for $37 million

20 Jul 2021 - Reliance Worldwide Corporation (ASX:RWC) has announced that it has entered into an agreement to acquire the business assets of LCL for approximately $37 million.

Geopolitical Implications, Santos, Reliance Worldwide, GR Engineering

28 Apr 2021 - Fund Manager Chris Pedersen discusses geopolitical implications and looks at Santos (ASX:STO), Reliance Worldwide (ASX:RWC) and GR Engineering (ASX:GNG).

AMA Group (ASX:AMA) plunges on CEO controversy: Aus shares close 0.7% lower

27 Jan 2021 - After opening slightly higher, the market retreated in early trade and slid during the day to end 0.7 per cent lower at the close. Energy was hit the hardest, down 3.…

Tasmania tops economic rankings: Aus shares 0.7% lower at noon

27 Jan 2021 - The Australian share market edged higher at the open but quickly changed direction and has been tracking lower in the first 2 hours of trade. Materials is down over 3…

Reliance Worldwide Corporation (ASX:RWC) report net sales up 13%

27 Jan 2021 - Plumbing parts business Reliance Worldwide Corporation (ASX:RWC) reports net sales of $642 million, up 13 per cent on the prior corresponding period for the six month…

Four stocks that look vulnerable

16 Nov 2020 - Fairmont Equities Managing Director Michael Gable takes a technical look at Coles Group (ASX:COL), Woolworths Group (ASX:WOW), Westpac Banking Corp (ASX:WBC) and Rel…

Great rally for the fourth quarter: ASX closed 1% higher

01 Oct 2020 - It has been a positive day of trade for the ASXt, with a great start to the fourth quarter. The local bourse managed to close almost 1 per cent higher. Shares in plum…

Job vacancies rise 59.4% from May: ASX tracking 1.5% higher at noon

01 Oct 2020 - The ASX rose at the open is now tracking 1.5% higher at noon. Shares in plumbing supplies group Reliance Worldwide (ASX:RWC) have shot up today after reporting strong…