Reece Limited (REECF)
Reece Limited operates in the Industrial - Distribution industry of the Industrials sector, headquartered in Cremorne, VIC, AU. The stock last traded at $9.80, up 0.00% on the session, giving a market capitalisation of $6.03B. On trailing twelve-month figures it carries a trailing P/E of 37.95, a net margin of 3.0%. Its beta of 1.06 implies it has historically moved more than the broad market.
Reece Limited is a leading distributor specializing in a comprehensive range of building and construction products. The company supplies essential items like plumbing and bathroom fixtures, heating, ventilation, and air-conditioning (HVAC) systems, as well as refrigeration equipment. Additionally, they provide solutions for waterworks, irrigation, pools, fire safety, and kitchen applications. Operating across Australia, the United States, and New Zealand, Reece Limited caters to a diverse client base, including trade professionals, retail consumers, commercial enterprises, and large-scale infrastructure projects. Their product portfolio features well-known brands such as Reece, Viadux, Actrol, and Metaflex. Established in 1919 and headquartered in Cremorne, Australia, the company was formerly known as Reece Australia Limited before officially changing its name to Reece Limited in November 2015.
Reece Limited is most often compared with the following Industrials names: