BUZZ-Australia's Reece surges after beating HY profit expectations

Reuters
02/23
BUZZ-Australia's Reece surges after beating HY profit expectations

** Shares of Australia's Reece REH.AX rise as much as 13.9% to A$15.87, strongest level since June 27, 2025

** Stock marks biggest intraday pct gain since November 24, 2025

** REH top gainer on the ASX 200 benchmark .AXJO

** Plumbing products maker posts HY EBIT of A$262 million ($185.50 million), beating market consensus

** Citi says beat due to smaller-than-expected costs in Australia

** Looking forward, guidance is ~5% ahead of the street, which appears to be due to the better-than-expected ANZ performance carrying through to 2H - Citi

** Co sees FY Group EBIT in range of A$520 mln-A$540 mln

** Stock up ~17% YTD

($1 = 1.4124 Australian dollars)

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com;))

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10