Reliance Worldwide (ASX:RWC) reported Tuesday that its adjusted earnings per diluted share in the fiscal first half rose to $0.098 from $0.086 per diluted share a year earlier.

Analysts polled by FactSet were expecting non-GAAP EPS of $0.09.

Revenue for the six months ended Dec. 31, 2024, was $676.5 million, up from $589.5 million in the same period a year earlier. Analysts surveyed by FactSet expected $667 million.

The plumbing and heating equipment firm expects fiscal 2025 group external sales to be up by mid-single digit percentage points from the previous corresponding period. Analysts polled by FactSet expect non-GAAP EPS of $0.20 per diluted share on revenue of $1.36 billion.

The board declared an interim dividend of $0.025 per share, up from the $0.025 in the previously reported period, payable on April 4 to shareholders on record as of March 7.