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Reece Limited
Reece Group is a Public Company that generates the majority of its income from the Plumbing Goods Wholesaling industry. In 2025 the company generated total revenue of $8,991,675,000 including sales and other revenue. In 2025 Reece Group had 9,000 employees including employees from all subsidiaries under the company's control. The Chief Executive of Reece Group is Mr Sasha Nikolic whose official title is Managing Director & Group President . The Chairman of Reece Group is Mr Peter Wilson whose official title is Chairman & Chief Executive Officer. Reece Limited operates a network of retail outlets across Australia, New Zealand and the US. Reece Limited operates through the following businesses: Plumbing - supplies plumbing trade products including hot water systems, water tanks, pumps, valves, pipes and fittings. Bathrooms - supplies bathroom, kitchen, laundry, commercial and outdoor products through brands including AXA, ISSY, Roca, Milli and American Standard. Irrigation - Supplies sprinklers, water filtration, irrigation control, solenoid valves and boxes. Reece Irrigation also offers Skydrop, an irrigation management system that can be accessed on computers, smartphones and tablets. Civil - Supplies products including pipes, pits, shafts and test plugs. Reece Civil offers products such as water tanks, test plugs, valves, and hardware and building construction. Onsite - Supplies bathroom, kitchen, laundry, commercial and outdoor products to large domestic builders, commercial developer and plumbers. HVAC-R - Supplies products including refrigeration, heating and cooling. Reece HVAC-R offers brands including Morse, IMI, Walraven, Conex Banninger and Sime. The company also distributes the Actrol, Metalflex and Heatcraft brands as part of their HVAC-R range as well as Viadux as part of their Civil business.
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What's included in this industry analysis
IBISWorld's research coverage on the Reece Limited includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.
Company Details
What’s this enterprise profile about?
Reece Limited, trading as , operates under the ABN and was incorporated on . Reece Limited trades on the Australian Securities Exchange under the ticker code ASX:REH. Reece Limited primarily operates in the Telecommunications and Other Electrical Goods Wholesaling industry in Australia.
Key Personnel
What’s included in the Key Personnel chapter?
The Key Personnel chapter outlines the principal leadership positions within Reece Limited, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.
Financials
What’s included in the Financials chapter?
The Financials chapter presents Reece Limited’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.
Growth & Ratios
What’s included in the Growth & Rations chapter?
The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.
Operating Segments
What’s included in the Operating Segments chapter?
The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Reece Limited operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.
Competitor Benchmarking
What’s included in the Competitor Benchmarking chapter?
The Competitor Benchmarking chapter includes a comparative assessment of Reece Limited’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.
Industries of Operation
What’s included in the Industries of Operation chapter?
The Industries of Operation chapter outlines Reece Limited’s market share across the industries in which it operates. Each industry profile includes a comprehensive overview featuring data on total market size, the number of enterprises, industry concentration levels, and overall turnover. This analysis provides context for the company’s competitive position and scale within each relevant market.
Shareholders
What’s included in the Shareholders chapter?
The Shareholders chapter provides a breakdown of the ownership structure of Reece Limited, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.
Subsidiaries
What’s included in the Subsidiaries chapter?
The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Reece Limited. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.
History
What’s included in the History chapter?
The History chapter presents a overview of Reece Limited’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.
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