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RS Group PLC on Thursday kept its annual outlook unchanged while it continued to invest to strengthen its position. The London-based distributor of industrial and electronic products and service solutions said trading in Europe, the Middle East & Africa [EMEA] continued to reflect softer purchasing managers indices, while underlying performance in Americas and Asia Pacific were more resilient. The company reaffirmed its full-year outlook, highlighting ‘good’ operational progress. It said like-for-like revenue was down by 2% on-year, excluding an anticipated and temporary impact of operational improvements while trading was broadly flat. ‘We continued to deliver our strategic action plan including two significant projects of upgrading our digital platform in Americas and consolidating a Distrelec distribution centre in EMEA,’ RS said. It added: ‘We continue to invest to strengthen our proposition, drive ongoing market share growth and improve operational efficiency whilst remaining agile in our execution, pricing and cost management. We are confident that this will generate sustainable value and stronger returns as markets recover, in line with our medium-term financial targets.’ The company expects a negative impact of around £9 million on revenue due to fewer trading days in the current financial year ending on March 31, 2026, compared to financial 2025. RS shares fell 2.7% to 562.45 pence each on Thursday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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