Reece Ltd - Company Profile
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Reece Ltd (Reece) supplies plumbing and bathroom products. Improvement in operating performance, brand portfolio, and operational network are the company’s major strengths, even as substantial debt remains a cause for concern. Business expansion initiatives, growing online retail market in the US, and recovery in the Australian construction industry are likely to offer growth opportunities to the company. However, rapidly changing technology, increasing minimum wages in Australia, and stringent regulations could affect the company’s business operations.
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