RWC 0.91% $5.56 reliance worldwide corporation limited

Feb 24 (Reuters) - Reliance Worldwide Corporation Ltd (RWC) :...

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    Feb 24 (Reuters) - Reliance Worldwide Corporation Ltd (RWC) :

    • HY NET SALES $569.3 MILLION VERSUS $544.2 MILLION
    • HY REVENUE FROM ORDINARY ACTIVITIES $569.3 MILLION VERSUS $544.2 MILLION
    • HY NET PROFIT AFTER TAX ATTRIBUTABLE $50.1 MILLION VERSUS $65.7 MILLION
    • DECLARES INTERIM DIVIDEND OF 4.5 CENTS PER SHARE
    • CAPITAL EXPENDITURE FOR 2020 FY NOW FORECAST TO BE IN RANGE OF $55 MILLION TO $65 MILLION
    • CURRENTLY EXPECTED THAT FUTURE DIVIDENDS WILL BE LESS THAN 30% FRANKED
    • FY ADJUSTED NPAT EXPECTED TO BE IN RANGE OF $140 MILLION-$150 MILLION
    • PRELIMINARY ASSESSMENT INDICATES THERE WILL BE MINIMAL IMPACT ON SUPPLY CHAIN IN SHORT TERM FROM CORONAVIRUS
    • IN FY 2020, IN APAC, CO ANTICIPATES FLAT EXTERNAL SALES GIVEN WEAKNESS IN NEW HOUSING CONSTRUCTION IN AUSTRALIA

    Source text: (https://reut.rs/2T87tPh)(https://reut.rs/2VjUaxJ)

    (([email protected];))

 
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