REH News: Reece Full Year 2024 Earnings: Revenues Beat Expectations - 21st Aug 2024, 6:35am

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Reece (ASX:REH) Full Year 2024 Results

Key Financial Results

Revenue: AU$9.10b (up 3.0% from FY 2023). Net income: AU$419.2m (up 8.1% from FY 2023). Profit margin: 4.6% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. revenue-and-expenses-breakdown

All figures shown in the chart above are for the trailing 12 month (TTM) period

Reece Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.8%.

The primary driver behind last 12 months revenue was the ...

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