RS Group (RS1)

Sector:

Support

Index:

FTSE 100

726.80p
   
  • Change Today:
    -2.40p
  • 52 Week High: 921.40
  • 52 Week Low: 660.40
  • Currency: UK Pounds
  • Shares Issued: 474.00m
  • Volume: 966,982
  • Market Cap: £3,445.01m

Electrocomponents lifts FY guidance but warns on costs

By Frank Prenesti

Date: Friday 08 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Electronic parts distributor Electrocomponents lifted annual guidance after reporting interim trading ahead of expectations, but said supply chain issues would persist.
Like-for-like revenue For the six months to September 30 rose 31% year on year and 22% higher compared with 2019 before the Covid pandemic struck. Full-year revenue growth and adjusted operating profit margin were forecast to be slightly ahead of previous guidance.

"Looking forward, we face much tougher comparatives and a number of external challenges, including supply chain shortages, which are affecting industrial production and increasing cost pressures. Hence, we expect our full year profit to be more weighted to the first half than in previous years," the company said on Friday.

"We continue to experience higher outbound freight charges, costs to serve and labour inflation which are showing no signs of abating."

Chief executive Lindsley Ruth said trading has remained very strong across all regions as the firm worked with suppliers to ensure product availability, adding that delivery and service "remain robust, which has driven further growth in both customers and average order value".

"This has led to our financial performance to date being stronger than expected," he said.

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RS Group Market Data

Currency UK Pounds
Share Price 726.80p
Change Today -2.40p
% Change -0.33 %
52 Week High 921.40
52 Week Low 660.40
Volume 966,982
Shares Issued 474.00m
Market Cap £3,445.01m

RS Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.28% below the market average57.28% below the market average57.28% below the market average57.28% below the market average57.28% below the market average
35.56% below the sector average35.56% below the sector average35.56% below the sector average35.56% below the sector average35.56% below the sector average
Price Trend
30.86% below the market average30.86% below the market average30.86% below the market average30.86% below the market average30.86% below the market average
30.69% below the sector average30.69% below the sector average30.69% below the sector average30.69% below the sector average30.69% below the sector average
Income
11.48% above the market average11.48% above the market average11.48% above the market average11.48% above the market average11.48% above the market average
7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average
Growth
56.34% above the market average56.34% above the market average56.34% above the market average56.34% above the market average56.34% above the market average
58.00% above the sector average58.00% above the sector average58.00% above the sector average58.00% above the sector average58.00% above the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 6
Sell 1
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RS Group Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 15-Jun-23
Paid 05-Jan-24 21-Jul-23
Amount 8.30p 13.70p

Trades for 28-Mar-2024

Time Volume / Share Price
16:36 2,029 @ 726.80p
16:36 971 @ 726.80p
16:35 733,042 @ 726.80p
16:35 1,159 @ 726.80p
16:35 331 @ 726.80p

RS Group Key Personnel

CEO Simon Pryce

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