Hot water heater maker Reece Australia Ltd says normalised net earnings for the six months to December 31 are likely to be 15 per cent higher than a year earlier.
The result was achieved by reducing costs, even though sales will be similar to the prior corresponding period, Melbourne-based Reece said in a statement today.
AAP
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Percentages denote the comparison rate
Percentages denote the interest rate
Percentages denote the interest rate
Percentages denote the interest rate
