RWC reported a decline in full-year profit for FY2026, reflecting weaker operational performance as its shares remained under pressure following Brookfield’s takeover bid.
The company’s financial results for the period ended March 31 showed a reduction in net income compared with the prior year, driven by softer revenue and higher costs. Brookfield’s proposed acquisition, announced earlier this year, has weighed on investor sentiment, with shares trading at a discount to the offer price.
Analysts noted that the bid’s announcement coincided with a period of subdued trading conditions for RWC, further pressuring profitability. The transaction remains subject to regulatory and shareholder approvals, with completion expected in the second half of 2025.
RWC’s management emphasized efforts to stabilize operations during the transition, though no further financial guidance was provided. The company’s liquidity position remains adequate, supported by existing credit facilities.
Shares of RWC were down 3.2% in early trading, extending losses since the bid’s disclosure. Investors continue to monitor developments regarding the Brookfield deal and its potential impact on RWC’s long-term strategy.
