18.34
-0.22%
Close of 9 Nov 2026, in AUD
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About Reece
Its shares trade on ASX under the ticker REH.AX. It has been listed since 1 January 1974. In the fiscal year to 30 June 2026, it reported revenue of A$9.38bn and net income of A$308.2m. At that date it held total assets of A$7.67bn and shareholders' equity of A$3.75bn.
Reece Ltd. engages in supplying plumbing, bathroom, heating, ventilation, air-conditioning, waterworks and refrigeration products to customers in the trade, retail and commercial markets. The company is headquartered in Melbourne, Victoria. The Company’s products offering include tapware and accessories, vanities and mirrors, showers, toilets, basins, baths and spas, pipe and fittings, sinks and troughs, hot water systems, bathroom and kitchen appliances, and heating and cooling. Its tapware and accessories products include basin tapware, shower/bath tapware, kitchen and laundry tapware, commercial/care tapware, bidet tapware, bathroom accessories, kitchen and laundry accessories, boiling/chilled water, tapware spare parts, and clearance tapware and accessories. Its vanities and mirrors product includes vanities and mirrors, custom size vanity units, mirrors and cabinets, vanity and furniture accessories, and clearance vanities and mirrors. Its showers products include shower systems, shower bases and other.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Trading Companies & Distributors
- Listed since
- 1 Jan 1974
- Employees
- 9,000
- Website
- reece.com.au ↗
Leadership
Pay as last reported
- Mr. Peter WilsonExecutive Chairman of the Board, Group Chief Executive Officer, since 1997A$8.7m
- Mr. Leslie WilsonChairman Emeritus, since 1969A$748,000
- Mr. Sasha NikolicGroup President, Managing Director, Executive Director, since 2016A$4.2m
- Mr. Andrew YoungChief Financial OfficerA$1.4m
- Mr. James HealyChief Executive Officer - Reece USA
- Mr. Claude HornsbyExecutive Chairman - United StatesA$1.9m
- Ms. Chantelle DuffyCompany Secretary
- Mr. Ross McewanLead Independent Director
- Ms. Angela MentisNon-Executive Director
- Mr. Andrew WilsonNon-Executive DirectorA$90,000
- Mr. Bruce WilsonNon-Executive DirectorA$90,000
- Ms. Megan QuinnNon-Executive Independent DirectorA$215,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 42
- Environment
- 39
- Social
- 43
- Governance
- 45
- Direct emissions (scope 1)
- 39,623 t
- Energy emissions (scope 2)
- 26,299 t
- Women in the workforce
- 22%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Reece Ltd has a strong market presence and brand reputation in the plumbing and bathroom supplies industry. It operates a large network of stores, both physical and online, providing convenience and accessibility to customers.
- The company has a wide product range, offering a diverse selection of plumbing and bathroom products. This allows Reece Ltd to cater to different customer needs and preferences, enhancing customer satisfaction and loyalty.
- Reece Ltd has established strong relationships with suppliers, ensuring a reliable and consistent supply of quality products. This strategic partnership gives the company a competitive edge and enables it to maintain a strong market position.
Weaknesses
- One of the weaknesses of Reece Ltd is the dependence on the construction industry. Fluctuations in the construction sector can directly impact the company's sales and profitability. This exposure to market volatility poses a risk to the business.
- The company may also face logistical challenges in managing its large network of stores and ensuring efficient inventory management. Inefficient distribution and inventory practices can lead to increased costs and delays in product availability.
- Reece Ltd might face challenges in penetrating international markets due to regulatory complexities, cultural differences, and intense competition. Expanding and sustaining its operations overseas require careful planning and adaptation to local market conditions.
Opportunities
- Reece Ltd can capitalize on the growing demand for sustainable and eco-friendly plumbing and bathroom solutions. By offering a wide range of environmentally friendly products and promoting sustainable practices, the company can attract environmentally conscious customers and gain a competitive advantage in the market.
- The increasing trend of home renovations and remodeling projects presents an opportunity for Reece Ltd to expand its customer base. By providing comprehensive solutions and expert advice, the company can position itself as a trusted partner for residential renovation projects.
- Digital transformation and e-commerce advancements offer Reece Ltd the opportunity to strengthen its online presence and enhance its digital customer experience. Investing in technology and digital marketing can help the company reach a wider audience and increase sales through online channels.
Threats
- Reece Ltd faces intense competition from both local and international players in the plumbing and bathroom supplies industry. Competitors with similar product offerings and competitive pricing can pose a threat to the company's market share and profitability.
- Economic downturns and fluctuations in the housing market can impact consumer spending on home improvement and construction projects. Reduced consumer confidence and purchasing power can negatively affect Reece Ltd's sales and revenue.
- Changes in government policies or regulations related to the construction industry, environmental standards, or import/export can create challenges for Reece Ltd. Compliance with new regulations and adapting to changing business environments can require significant resources and may impact the company's operations and profitability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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