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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.
Family-run ASX businesses have a number of advantages compared to typical non-family-run businesses, here’s why.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.48% at lunch.
Reece Ltd (ASX:REH) has revealed its half year result to 31 December 2018.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.22% at lunch.
Reece Ltd (ASX:REH) released its 2018 financial results to the market today revealing a 10.7% rise in revenue.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Friday morning.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.34% at lunch.
Here are the news headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) on Tuesday. A2 Milk Company Ltd (ASX:A2M) inks a longer deal with Synlait Milk Ltd (ASX:SM1) and Reece Ltd (ASX:REH) completes its US takeover.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.14% at lunch.
