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Reece Ltd (ASX:REH) operates the largest bathroom and plumbing supply business in Australia, Reece, as well as ten other businesses in related industries including irrigation, pools, civil works and HVAC-R (heating, ventilation, air conditioning and refrigeration). Reece began in 1920 when Harold Joseph Reece commenced selling hardware products from the back of his truck. Almost 100 years on, the company has grown to having 8,000 people in 800 branches across Australia, New Zealand and the US.
The Reece Ltd (ASX:REH) share price jumped more than 17% after reporting its FY24 first-half result which showed more profit growth.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.12% to 6780.70.
The CSR Limited (ASX: CSR) share price has snapped back from a recent decline. CSR manufactures and distributes building products in Australia and New Zealand.
The S&P/ASX 200 (ASX:XJO) finished the week and the month on a negative note as Macquarie (ASX:MQG) and Vulcan (ASX:VUL) shares made headlines.
The S&P/ASX 200 (ASX: XJO) finished 0.2% lower on Thursday as ANZ Bank (ASX:ANZ) and Boral (ASX:BLD) shares made headlines.
The S&P/ASX 200 (ASX: XJO) and All Ordinaries (ASX: XAO) delivered another positive day on Thursday, both finishing 1.0% higher.
Tony Hansen from EGP Capital takes in depth look at the future of Redbubble Ltd (ASX: RBL), given his past experiences with near $10 billion plumbing business Reece Group Ltd (ASX: REH).
Reece Limited (ASX: REH) released its 2020 annual report in late August, with its share price streaming 16% higher since. Is it time to buy?
The S&P Dow Jones Indices has announced the changes to the various S&P/ASX Indices. The changes will happen on 21 September 2020.
