BRIEF-Reliance Worldwide Corporation Mitigates Impact Of US Tariffs On 48% Of Cogs

Reuters
May 05
BRIEF-Reliance Worldwide Corporation Mitigates Impact Of US Tariffs On 48% Of Cogs

May 5 (Reuters) - Reliance Worldwide Corporation Ltd RWC.AX:

  • MITIGATES IMPACT OF US TARIFFS ON 48% OF COGS

  • MOVING QUICKLY TO FURTHER DIVERSIFY PRODUCT SOURCING BEYOND CHINA

  • EXPECTS NET COST IMPACT OF TARIFFS ON FY26 EBITDA TO BE $25M-$35M

  • EXPECTS FULL YEAR GROUP EXTERNAL SALES FOR FY25 TO BE UP BY MID-SINGLE DIGIT PERCENTAGE POINTS

Further company coverage: RWC.AX

((Reuters.Briefs@thomsonreuters.com;))

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