Q3 2021 Reliance Worldwide Corporation Ltd Trading Statement Call Transcript
Good day, ladies and gentlemen, and welcome to the RWC Third Quarter Trading Update. Today's conference is being recorded. At this time, I would like to turn the conference over to Heath Sharp. Please go ahead.
Good morning, everyone. Thanks for joining us for our Q3 update. This is Heath Sharp, and with me is our CFO, Andrew Johnson. We are connecting today from Atlanta. You will see that we have released an update to the ASX this morning. I'll step through the highlights before opening for Q&A.
Third quarter trading was exceptionally strong. Revenue was up 25% over the PCP on a constant currency basis and up 14% on a reported basis. All regions achieved very strong results. In the Americas, we had a record quarter with constant currency sales growth up 39%. The this is ahead of the trend we have seen in the preceding quarters. We saw a dramatic impact due to the freeze in and around Texas. This impact was a lot larger than we had first anticipated. Nonetheless, our
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
