공고 • Jun 25
Reliance Worldwide Corporation Limited Announces Its Intention to Close Its Brass Casting, Forging and Machining Operations in Moorabbin and Braeside, Melbourne Reliance Worldwide Corporation Limited announced its intention to close its brass casting, forging and machining operations in Moorabbin and Braeside, Melbourne (Australia), along with additional smaller sites, as part of its ongoing optimisation of its global manufacturing operations. These closures follow a sustained reduction in brass production volumes at the Melbourne facilities over recent years, such that it is no longer economically viable to continue these operations. The changes are expected to deliver net financial benefits to RWC’s consolidated results from Fiscal Year 2027. The decline in brass volumes reflects investment in RWC’s Alabama, USA facility to automate the assembly of its SharkBite Max brass push-to-connect (PTC) fittings. This has enabled production to be undertaken closer to end markets in North America, resulting in a significant reduction in volumes sourced from Australia. The design of SharkBite Max enables a 20% reduction in the amount of brass per fitting; and the transition in 2025 from manufacturing brass SharkBite PTC components in Melbourne for the APAC region to sourcing from third party vendors in Asia. RWC expects its overall brass requirements to decline further as it progresses its strategy to replace brass with stainless steel across key product ranges. Approximately 85 employees are expected to be affected by the closure of brass manufacturing operations in Australia. RWC has commenced consultation with impacted employees and anticipates this process to be completed during July 2026. RWC expects to recognise a one-off net charge of USD 100 million to USD 110 million in Fiscal Year 2026, which will be excluded from operating earnings. This charge includes provisions for redundancies and property exit costs of approximately USD 5 million; net write down of tangible assets (including inventory) of approximately USD 25 million; and impairment of intangible assets, including goodwill, of USD 70 million to USD 80 million. Approximately USD 5 million is the expected net cash outcome with the remainder non-cash. From Fiscal Year 2027, production will shift away from APAC resulting in the intercompany revenue of the region declining substantially from approximately USD 38 million recorded in Fiscal Year 2025 with an estimated adverse operating earnings (EBITDA) impact for the APAC region of USD 9 million. These impacts are expected to be more than offset by lower costs in the Americas region. Overall, RWC expects a net annual EBITDA benefit of approximately USD 9 million across the group by the end of Fiscal Year 2027. This reflects an expected net annual benefit to the Americas region of USD 18 million offset by the estimated adverse USD 9 million impact on APAC region results. The improvement in operating earnings reflects the more favourable economics of third-party sourcing and reduced US tariff exposure under the revised supply chain. 공고 • Apr 09
Reliance Worldwide Corporation Launches Sharkbite Pex Press Fittings Reliance Worldwide Corporation announced its newest addition to the RWC offering: SharkBite PEX Press Fittings. With this launch, RWC strengthens its position as a total PEX system provider—bringing together a complete range of PEX piping solutions under one trusted brand. Designed for use with PEX-a or PEX-b pipe, SharkBite PEX Press fittings feature an integrated stainless-steel sleeve for consistent, secure connections. Tested beyond industry standards, this system reduces rework and helps professionals install faster with confidence. The launch includes a full assortment of fittings, valves, and accessories, ensuring installers have the right solution for virtually any job. This system-first approach reduces compatibility concerns, simplifies product selection, and supports faster, more consistent installations across the board. The addition of PEX Press gives contractors the flexibility to choose the connection method that best fits their preferences, applications and workflows from one brand, without comprising quality or compatibility. The SharkBite PEX system portfolio now includes push, press, expansion, crimp and clamp connections, along with both PEX-a and PEX-b pipe. And when combined with solutions from RWC's broader family of brands, contractors can get a complete solution from meter to fixture, start to finish, from one manufacturer under a single comprehensive warranty. RWC, home to a portfolio of industry-leading brands, is dedicated to providing plumbing solutions that work seamlessly together. With trusted brands such as SharkBite, HoldRite, Cash Acme, John Guest, Eastman and EZ-Flo, RWC delivers comprehensive solutions for every plumbing need. The launch of SharkBite PEX Press further expands RWC's PEX piping range, offering flexible and compatible connection options—all supported by a best-in-class warranty to ensure confidence and performance on every project. 공고 • Jan 19
Reliance Worldwide Corporation Limited Announces Changes to Its Board, Effective from January 19, 2026 Reliance Worldwide Corporation Limited (ASX: RWC) ("RWC" or "the Company") advised that the Chair of the Board of Directors, Stuart Crosby, is retiring from the Board with effect from January 19, 2026, due to health issues. Russell Chenu, a non-executive director of RWC, will succeed Stuart Crosby as Chair on an interim basis. The Board has commenced a search for an additional non-executive director to fill the vacancy arising from Stuart's retirement. It is intended that the new director will be appointed as Chair. Stuart Crosby was appointed to the Board in April 2016 and became Chair in March 2019. 공고 • Aug 21
Reliance Worldwide Corporation Limited Announces Ordinary Dividend for the Six Months Ending June 30, 2025, Payable on October 3, 2025 Reliance Worldwide Corporation Limited announced the ordinary dividend of USD 0.02500000 per share for the six months ending June 30, 2025. Record date is September 5, 2025, Ex date is September 4, 2025, Payment Date is October 3, 2025. 
