Q3 2022 Reliance Worldwide Corporation Ltd Trading Statement Call Transcript

Apr 28, 2022 / 11:00PM GMT
Operator

Good day, ladies and gentlemen, and welcome to RWC Third Quarter Trading Update Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Heath Sharp. Please, go ahead.

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

Hello, everyone, and welcome to RWC's trading update for the 9 months ended 31st March, 2022. I'm Heath Sharp, Group CEO, and with me today is Andrew Johnson, Group CFO. In the materials we have released this morning, we have endeavored to provide the same level of information that we provided at the first quarter. This includes sales, EBITDA and EBIT at a group and regional level. As a reminder, we are now reporting in U.S. dollars. All the figures we reference will be in U.S. dollars unless we state otherwise.

Starting on Slide 3 and looking at group performance for the 9 months ending 31st March. We recorded a 14% increase in net sales to $845 million. The result included a contribution from EZ-FLO from mid-November through to 31st March. Excluding

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