Reliance Worldwide Corp Ltd (OTCPK:RLLWF)
$ 3.55 0 (0%) Market Cap: 2.67 Bil Enterprise Value: 3.21 Bil PE Ratio: 24.76 PB Ratio: 2.14 GF Score: 89/100

Q1 2023 Reliance Worldwide Corporation Ltd Trading Statement Call Transcript

Oct 24, 2022 / 10:00PM GMT
Release Date Price: $2.25
Operator

Good day, everyone, and welcome to the RWC Fiscal Year '23 First Quarter Trading Update Conference Call. Today's conference is being recorded.

At this time, I'd like to turn the conference over to Mr. Heath Sharp, Group CEO. Please go ahead, sir.

Heath Sharp
Reliance Worldwide Corporation Limited - CEO, MD & Director

Good morning, everyone, and welcome to RWC's FY '23 first quarter trading update, which we've just announced to the market. This is Heath Sharp, and with me here in Melbourne is our CFO, Andrew Johnson. First up, I'd just like to apologize for the difficulties in connecting this morning, made us a few minutes late, but hopefully, everyone is now on and we're good to go. So we will start by making some brief comments on the first quarter. We will then open for questions from those joining by the conference call, followed by those on the webcast.

On Slide 3 of our presentation, we have a summary of our first quarter performance. The headline is net sales growth of 23% for the quarter, which included a full quarter of EZ-FLO.

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