Oct 1 (Reuters) - Reliance Worldwide Corporation Ltd RWC.AX :
* Q1 OF 2021 FY HAS BEEN PARTICULARLY STRONG FROM SALES PERSPECTIVE
* EXPECT SOME SOFTENING IN AUSTRALIAN MARKET AS REDUCTION IN NEW HOUSING CONSTRUCTION APPROVALS LEADS TO LOWER BUILDING ACTIVITY
* "WOULD CAUTION AGAINST EXTRAPOLATING Q1'S SALES PERFORMANCE FOR FULL YEAR"
* IN UK UNCERTAIN WHERE UNDERLYING DEMAND LEVELS WILL SETTLE ONCE PENT-UP DEMAND FOR PRODUCTS & PLUMBING SERVICES IS SATISFIED