I sold out a while back but have a friend who retains.
The reduction in debt, increase in EBITDA/EBIT margins in the USA and RWC's probably increased ability to control manufacturing costs (partly due to the sensible transfer of SharkBite manufacturing from high cost, unionised, business-unfriendly Victoria, Australia to the more business-friendly (even under Joe Biden) USA are positives.
Not sure how local (Australian) SH will react to the change in dividend policy that sees half the dividend becoming a share buyback.
Buybacks have received criticism with some other companies (such as QAN) for allegedly being a device to enable management to more easily meet set KPIs and hence receive bonuses, or higher bonuses.
The outlook (with one exception) remains as previously telegraphed by RWC.
Whether RWC gradually transfers more manufacturing to the USA from Australia will be interesting to observe.
The Labor/Greens/leftie so-called "Independents" complex new industrial relations legislation is yet to be fully understood by most businesses, but from what respected commentators such as Robert Gottliebsen of 'The Australian' have repeatedly written, it's a net negative for Australian companies. Union control is further cemented but what would one expect when the Australian Labor Party is beholden to the extremely militant CFMMEU construction and maritime subsectors union?
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