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RS Group (RS1) Share News

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RS Group forecasts full-year profit decline after soft third quarter

28th Jan 2025 10:13

(Alliance News) - RS Group PLC on Tuesday said it now anticipates a more than 10% decline in profit for its current financial year, following soft trading in its third quarter. Read More

IN BRIEF: Smiths Group brings RS Group CEO Simon Pryce to board

7th Jan 2025 14:25

Smiths Group PLC - London-based engineering company operating in the energy, industrial, security and aerospace sectors - Appoints the chief executive officer of London-based global product and service solutions provider for industrial customers RS Group PLC, Simon Pryce, to its board as non-executive director from February 1. Smiths Group Chair Steve Williams says: "Simon is a highly experienced business leader of customer focused, global, industrial manufacturing and service businesses, with a strong track record of value creation. He has held several chief executive officer positions at listed companies, with experience that is directly relevant to Smiths Group's key end markets, customers and supply chains. His experience will enhance the Board's discussions as we look to accelerate our growth strategy." Read More

RS Group performs inline despite tough first-half trading

7th Nov 2024 11:44

(Alliance News) - RS Group PLC on Thursday said it expects to meet market expectations for its full-year despite trading in the first-half being "tougher than anticipated". Read More

IN BRIEF: RS Group shares rise as trades in line with expectations

11th Jul 2024 12:25

RS Group PLC - London-based industrial and electronics products distributor - Says trading in the first financial quarter ended June 30 was in line with expectations. Revenue rose 3% annually, but was down 3% on a like-for-like basis, excluding acquisitions, foreign currency and trading days. "As trading conditions stabilise and comparatives get easier, the pace of decline in like-for-like revenue across all three regions continues to slow as anticipated," RS Group says. Read More

TOP NEWS: RS says demand remains subdued as annual profit slides

22nd May 2024 09:44

(Alliance News) - RS Group PLC on Wednesday flagged higher costs ahead, and a dilution to margins, as it said weakness in global industrial production had weighed on its performance in the last financial year. Read More

TOP NEWS: RS Group like-for-like revenue down on "weak" markets

25th Jan 2024 08:57

(Alliance News) - RS Group PLC on Thursday said revenue declined on a like-for-like basis in the third-quarter, as it grappled with tricky market conditions. Read More

IN BRIEF: RS Group CEO Simon Pryce buys GBP150,000 in shares

8th Nov 2023 14:39

RS Group PLC - London-based industrial and electronics products distributor - Chief Executive Officer Simon Pryce buys 22,500 shares at GBP6.47 each, worth GBP146,993, in London on Tuesday. Read More

TOP NEWS: RS Group interim profit plunges on difficult markets

7th Nov 2023 09:11

(Alliance News) - RS Group PLC on Tuesday reported a disappointing set of interim results, as revenue took a hit from tricky market conditions, and rising costs ate into its bottom line. Read More

TOP NEWS: M&S set to be FTSE 100 outfit again but Persimmon may fall

22nd Aug 2023 17:26

(Alliance News) - Marks & Spencer Group PLC is primed to make a return to London's premier FTSE 100 index, roughly three years after the founding member was booted out, with abrdn PLC once again among those making way. Read More

IN BRIEF: RS Group CEO Simon Pryce buys GBP125,000 in shares

28th Jul 2023 14:10

RS Group PLC - London-based industrial and electronics products distributor - Chief Executive Officer Simon Pryce buys 16,400 shares at GBP7.60 each, worth GBP124,628, in London on Thursday. Read More

RS Group bemoans macroeconomic factors as quarterly revenue declines

27th Jul 2023 10:08

(Alliance News) - RS Group PLC on Thursday blamed a weak electronics market, as well as a generally poor macroeconomic environment, for a revenue decline the recent quarter. Read More

IN THE KNOW: RS Group has many levers to pull according to Liberum

26th May 2023 21:57

(Alliance News) - RS Group PLC may face strains on margins in the coming financial year but analysts at Liberum think its track record demonstrates that this is a business with "many levers to pull." Read More

IN BRIEF: RS Group Non-Executive David Sleath buys GBP90,000 in shares

26th May 2023 12:15

RS Group PLC - London-based industrial and electronics products distributor - Non-Executive Director David Sleath buys 11,448 shares in two separate transactions on Thursday in London. Buys 5,226 shares at GBP8.036 each, and 6,222 shares at GBP8.035 each. The shares are worth GBP91,994 in total. Read More

IN BRIEF: RS Group CEO Simon Pryce buys GBP250,000 in shares

24th May 2023 12:45

RS Group PLC - London-based industrial and electronics products distributor - Chief Executive Officer Simon Pryce buys 31,000 shares mostly at GBP8.04, worth GBP248,883, on Tuesday. Read More

RS consensus "conservative" despite possible Distrelec boost - Shore

23rd May 2023 14:35

(Alliance News) - RS Group PLC shares slipped on Tuesday, though its annual results received decent reviews and Shore Capital Markets believes the firm's outlook is stronger than the market expects. Read More

TOP NEWS: RS Group reports double-digit annual revenue growth

23rd May 2023 09:13

(Alliance News) - RS Group PLC on Tuesday said it delivered a "strong" yearly performance, with revenue and profit growth despite a "challenging macroeconomic backdrop". Read More

TOP NEWS: RS Group down as CFO leaves after "personal relationship"

3rd May 2023 08:40

(Alliance News) - RS Group PLC on Wednesday said its chief financial officer has resigned, leaving the company with immediate effect after disclosing a "personal relationship" with a colleague. Read More

RS Group buys Dutch distributor Distrelec for EUR365 million

27th Apr 2023 10:23

(Alliance News) - RS Group PLC on Thursday said it has acquired industrial products distributor Distrelec BV for EUR365 million. Read More

TOP NEWS: RS tips profit beat; revenue growth slows in final quarter

5th Apr 2023 08:34

(Alliance News) - RS Group PLC on Wednesday said it anticipates full-year profit to be slightly ahead of consensus expectations and revenue to be in line with estimates. Read More

RS Group names former Ultra Electronic CEO Simon Pryce as new chief

14th Mar 2023 09:13

(Alliance News) - RS Group PLC on Tuesday named Simon Pryce as its new chief executive officer, with effect from April 3. Read More

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