(Alliance News) - RS Group PLC on Wednesday posted improved profit, despite a softer top line, as it initiated an up to GBP100 million share buyback programme. Read More
(Alliance News) - RS Group PLC on Wednesday reported mixed trading, with full-year revenue set to fall short of forecasts in "difficult" markets, but profit to be marginally ahead of expectations. Read More
RS Group PLC - London-based industrial and electronics products distributor - Acquires BPX Group Ltd, a UK and Ireland-based distributor of industrial automation and control products, for an enterprise value of GBP27 million on a cash-free, debt-free basis, plus a deferred earn-out of up to GBP3 million subject to agreed financial targets for financial 2026. The consideration equates to around 10 times reported earnings before interest and tax for the 12 months to October 31, 2025. Says the deal strengthens its automation and control offering, which accounts for more than 40% of group revenue, and enhances technical capabilities while expanding supplier relationships. Read More
(Alliance News) - RS Group PLC on Thursday said like-for-like sales returned to growth in the second quarter of the financial year despite "continued uncertainty" in most markets. Read More
(Alliance News) - RS Group PLC on Thursday kept its annual outlook unchanged while it continued to invest to strengthen its position. Read More
(Alliance News) - RS Group PLC on Wednesday reported a fall in its annual profit and revenue, but said that it has "increased confidence" in its medium-term targets. Read More
(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
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
(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
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
(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
(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
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
(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
(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
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
(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
(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
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
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