Reliance Worldwide Corp Ltd (STU:0EU)
€ 3.12 -0.04 (-1.27%) Market Cap: 2.49 Bil Enterprise Value: 3.00 Bil PE Ratio: 24.76 PB Ratio: 2.14 GF Score: 86/100
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Half Year 2024 Reliance Worldwide Corporation Ltd Earnings Call Transcript

Feb 18, 2024 / 10:00PM GMT
Operator

Hello, and welcome to the Reliance Worldwide Corporation half year earnings call. (Operator Instructions) Please be advised that todayâs conference is being recorded. It is now my pleasure to introduce Chief Executive, Heath Sharp.

Heath Sharp
Reliance Worldwide Corporation Limited - CEO

Good morning, everyone. Welcome to RWCs Half Year Earnings Call for the period ended December 31, 2023. This is Heath Sharp, CEO of RWC. Joining me here in Atlanta is Andrew Johnson, our Chief Financial Officer. In addition to our first half results. We will also provide an overview of the Holman Industries acquisition which we announced last week.

Let's start on Slide 3 with an overview of the first half. Our core repair and maintenance market remained resilient in all geographies. This has undoubtedly underpinned our performance for the half. In addition, the impact of our continuous improvement activities is evident in this result. These actions have enabled us to maintain our operating margin despite lower volumes. So, we are pleased with the strong financial

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