Ann: RWC FY23 Half Year Results Presentation, page-12

The result to me was reasonable without any surprises. They seem to overcome all of the difficulties that confront them.
As an investor, it's a bit more difficult with this company than many others as they don't seem to get as much coverage as I'd like.
When I look at their high level results from 2018 until 2022 and then through to this half year report, I see that they've steadily improved revenue, net profit and earnings per share and held their ROE and gross and net profit margins.

If I had to concern myself about anything it's that there's been a small but steady decline in sales of "Push to Connect" fitting since 2021 despite the overall upward trend in revenue and it was the Sharkbite fitting that put RWC on the map in the first place.
I can't help thinking about that when I read the notes under "Revenue" where they refer to the fact that they have two customers who provide about 50% of American revenue (year end accounts, not half yearly).

The other thing to watch but not be overly concerned about at this stage is the interest charge to the accounts which has moved from $12m in 2018 to $15m in 2022 and was $15m again for the six months just ended.