News
RWC Confirms FY24 Full Year Trading Outlook
Reliance Worldwide Corporation Limited has today confirmed its trading outlook for the year ending 30 June 2024 (FY24). The trading outlook for FY24 was updated in RWC’s interim earnings announcement released on 19 February 2024, and the Company is reconfirming the outlook provided at that time.
Water For Health, Peace And Life
![logos of RWC and WTW next to each other](/sites/default/files/styles/16_10_medium/public/media-image/screenshot_2024-03-19_at_12.03.05.png?itok=ufd4zxXZ)
There are 2.2 billion people around the world who live without safely managed drinking water. As a leading manufacturer of plumbing products, a core part of RWC’s purpose is to support the global communities that have the greatest need for safe clean water, and where we can help make the biggest difference.
HY24 Half Year Results Announcement
![FY24 Half Year Results Image](/sites/default/files/styles/16_10_medium/public/media-image/fy24_half_year_image.png?itok=Qd_gdpUs)
Reliance Worldwide Corporation Limited (ASX: RWC) (“Company”) announces its financial results for the Company and its controlled entities (together “RWC”) for the six months ending 31 December 2023.
RWC to Acquire Holman Industries
![Holman Industries acquisition](/sites/default/files/styles/16_10_medium/public/media-image/holman-industries-acquisition.jpg?itok=YiSxS0RX)
Reliance Worldwide Corporation Limited has entered into an agreement to acquire the Holman Industries business for A$160 million1 (US$105 million). The price reflects a 7.0 times multiple of Holman’s LTM EBITDA2 before synergies. The business is being acquired from interests associated with Holman’s founder Walter (Wally) Edwards.
FY24 First Quarter Trading Update
Reliance Worldwide Corporation Limited is providing a trading update for the first quarter of the 2024 financial year at the Annual General Meeting being held today in Brisbane, along with an updated outlook for the full year.
RWC Australia and Galvin Engineering Partnership Announcement
![RWC Galvin Partnership](/sites/default/files/styles/16_10_medium/public/media-image/rwc-galvin_partnership_articleimage.png?itok=SxTKQgrl)
Galvin Engineering and RMC Reliance Valves (RMC), two iconic Australian manufacturers with a rich legacy in the Australian Plumbing industry, are delighted to announce their partnership and in doing so, introduce the new Lead Safe™ CliniMix® Healthcare Thermostatic Mixing Valves (TMV).
FY23 Full Year Results
![2023 Annual Report - article image](/sites/default/files/styles/16_10_medium/public/media-image/2023-annual-report_articleimage1.jpg?itok=YavPEvvc)
Reliance Worldwide Corporation Limited today announced results for financial year ended 30 June 2023.
Trading Update For Nine Months Ended 31 March 2023
![FY23 Third Quarter Image](/sites/default/files/styles/16_10_medium/public/media-image/fy23-third-quarter_image.jpg?itok=Kedqk0lW)
Reliance Worldwide Corporation Limited has today provided a trading update for the nine months ended 31 March 20231.
Product launches and manufacturing update
![2023-investor-day-presentation_article-image](/sites/default/files/styles/16_10_medium/public/media-image/2023-investor-day-presentation_article-image.jpg?itok=IpimlamV)
RWC announces two new product releases in the Americas and changes to manufacturing operations in Australia and the US