RS GROUP PLC
Pre-close trading update
Full year 2025/26 adjusted profit before tax marginally ahead of expectations
RS Group plc (the "Group") today announces that for the 12 months ended 31 March 2026, in difficult markets, revenue is now expected to decline by approximately 0.6%1 on a like-for-like2 basis. EMEA has delivered quarter on quarter improvement throughout the year and we anticipate that it will return to marginal growth in H2 2026. APAC is showing continued momentum, and we expect it to deliver increased revenue growth in H2 2026 when compared to H1 2026. Although Americas was broadly flat in H1 2026, we expect it to decline in H2 2026 as a result of the continuing challenging trading environment in Mexico.
We continue to invest and make good progress in our strategic and change initiatives. As a result, despite revenue being lower than anticipated, through a solid gross margin performance, improved efficiency and disciplined cost control, we still expect adjusted profit before tax to be marginally ahead of market expectations1,3.
Notice of results
RS Group plc expects to announce its full year 2025/26 results on Thursday 20 May 2026.
Notes:
1. These results are unaudited, and audited full year results will be reported on 20 May 2026
2. Like-for-like revenue and profit measures are adjusted to exclude the effects of changes in exchange rates on translation of overseas profits. They exclude acquisitions in the relevant years until they have been owned for a year, at which point they start to be included in both the current and comparative years for the same number of months. These measures enable management and investors to track more easily, and consistently, the performance of the business.
3. Company compiled consensus for the year ended 31 March 2026 for adjusted profit before tax of £241 million, within a range of £230 million to £247 million (source: RSGroup.com/investors/analyst-consensus).
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Enquiries: |
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Kate Ringrose |
Chief Financial Officer |
020 7239 8400 |
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Carla Bloom |
VP Investor Relations |
020 7239 8427 |
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Martin Robinson |
Teneo Communications |
020 7260 2700 |
About RS Group
RS is a high-service global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably. We operate in 36 markets, stock over 830,000 industrial and specialist products and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers. This extensive range supports our customers across the industrial lifecycle of designing, building and maintaining equipment and operations. We enhance their experience through a tailored service model, leveraging our efficient physical, digital and process infrastructure sustainably. We combine a technically led and digitally enabled approach with an exceptional team of experts; ultimately, it's our people that make the difference. Our purpose, making amazing happen for a better world, reflects our focus on delivering results for people, planet and profit. RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2025 reported revenue of £2,904 million.
For more information, please visit www.rsgroup.com