Reece Ltd - Company Profile
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Reece Ltd (Reece) is a wholesaler, importer, marketer, distributor, and retailer of plumbing, heating, air-conditioning, bathroom, ventilation, and refrigeration products. The company’s product portfolio includes hot water units, material safety data sheets, pipes and fittings, valves, tools and hardware, clips and pipe support, toilet products and bidets, kitchen sinks, and strainers. Reece markets products under various brands such as Caroma, Conex Banninger, Arco, Rothenberger, Walraven, Posh, Morse, Thermann, Geberit, Graf, and others. It merchandises and supplies products to wholesale, retail, trade, professional and commercial markets, among others. The company operates across Australia, New Zealand, and the US. Reece is headquartered in Melbourne, Victoria, Australia.
Headquarters
Australia
Address
57 Balmain Street, Cremorne, Melbourne, Victoria, 3121
Website
www.reece.com.au
Telephone
61 3 92740000
No of Employees
9,000
Industry
Construction
Ticker Symbol & Exchange
REH (ASX)
Revenue (2022)
$6.1B
15.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-1.2%
(2022 vs 2021)
Market Cap*
$11.6B
Net Profit Margin (2022)
XYZ
-14.6%
(2022 vs 2021)
* As of and is in US$
Reece Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Plumbing | LAUFEN |
| Air Conditioning Units | ISSY |
| Rainwater Tanks | Grohe |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In July, the company launched its Reece Irrigation & Pools branch in Coffs Harbour, New South Wales. |
| 2023 | Corporate Changes/Expansions | In June, the company opened its Reece Bath + Kitchen showroom in Houston, Texas. |
| 2023 | New Products/Services | In June, the company introduced a Building Information Modelling (BIM) library of bathroom and kitchen products. |
Competitor Comparison
| Key Parameters | Reece Ltd | Fletcher Building Ltd | Lennox International Inc | AAON Inc | Marbletrend Group Limited |
|---|---|---|---|---|---|
| Headquarters | Australia | New Zealand | United States of America | United States of America | Australia |
| City | Melbourne | Auckland | Richardson | Tulsa | Melbourne |
| State/Province | Victoria | - | Texas | Oklahoma | Victoria |
| No. of Employees | 9,000 | 4,787 | 12,600 | 3,856 | 91,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Timothy Poole | Chairman | Executive Board | 2022 | - |
| Peter Wilson | Deputy Chairman; Chief Executive Officer | Executive Board | 2022 | - |
| Andrew Cowlishaw | Chief Financial Officer | Senior Management | 2020 | - |
| Megan Quinn | Director | Non Executive Board | 2017 | - |
| L. Alan Wilson | Director | Non Executive Board | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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