Brief: Reliance Worldwide Corporation Posts Qtrly Sales Of US$303.1 Mln

Reliance Worldwide

24/10/2022 23:27

Oct 25 (Reuters) - Reliance Worldwide Corporation Ltd
 RWC.AX :
    * RWC TRADING UPDATE FOR QUARTER ENDED 30 SEPTEMBER 2022
    * QTRLY SALES WERE US$303.1 MILLION, UP 23%
    * EXPECT A REDUCTION IN WORKING CAPITAL IN SECOND HALF OF
FY23
    * QTRLY EBITDA OF US$76.8 MILLION WERE 16% HIGHER THAN PCP
    * NO CHANGES TO KEY ASSUMPTIONS FOR FY2023 OUTLINED IN FULL
YEAR
EARNINGS ANNOUNCEMENT

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