RS Group (RS1)

Sector:

Support

Index:

FTSE 250

568.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 840.00p
  • 52 Week Low: 487.20p
  • Currency: UK Pounds
  • Shares Issued: 474.05m
  • Volume: 366,583
  • Market Cap: £2,692.60m
  • Beta: 0.01

RS Group expects LFL sales decline to ease

By Benjamin Chiou

Date: Thursday 11 Jul 2024

LONDON (ShareCast) - (Sharecast News) - Industrial maintenance, repair and operation products firm RS Group said it continues to expect a stabilisation in trading conditions over the current financial year, after a slight fall in like-for-like sales in the first quarter.
The company, which employees more than 9,000 employees worldwide, said trading was in line with expectations in the three months to 30 June, with headline revenues up 3% on last year but down 3% on a LFL basis, which excludes acquisitions, foreign currency and differences in trading days.

As announced at the time of its annual results in May, RS expects an improvement in demand over the coming year, following an 8% decline in LFL revenues over the year ended 31 March. LFL revenue were down 3% across all three of its major regions (EMEA, Americas and Asia Pacific) in the first quarter.

"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," the company said in an AGM statement on Thursday.

"We are progressing well with our cost savings programme, the integration of our acquisitions, and investment in operational efficiencies and system enhancements. We remain confident this multiyear investment will improve future operating leverage and returns."

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RS Group Market Data

Currency UK Pounds
Share Price 568.00p
Change Today -2.00p
% Change -0.35 %
52 Week High 840.00p
52 Week Low 487.20p
Volume 366,583
Shares Issued 474.05m
Market Cap £2,692.60m
Beta 0.01

RS Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.54% above the market average30.54% above the market average30.54% above the market average30.54% above the market average30.54% above the market average
31.76% above the sector average31.76% above the sector average31.76% above the sector average31.76% above the sector average31.76% above the sector average
Price Trend
54.52% below the market average54.52% below the market average54.52% below the market average54.52% below the market average54.52% below the market average
48.39% below the sector average48.39% below the sector average48.39% below the sector average48.39% below the sector average48.39% below the sector average
Income
35.75% above the market average35.75% above the market average35.75% above the market average35.75% above the market average35.75% above the market average
18.52% above the sector average18.52% above the sector average18.52% above the sector average18.52% above the sector average18.52% above the sector average
Growth
63.39% below the market average63.39% below the market average63.39% below the market average63.39% below the market average63.39% below the market average
68.18% below the sector average68.18% below the sector average68.18% below the sector average68.18% below the sector average68.18% below the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 8
Sell 1
Strong Sell 0
Total 15
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
  Final Interim
Ex-Div 12-Jun-25 21-Nov-24
Paid 25-Jul-25 03-Jan-25
Amount 13.90p 8.50p

Trades for 21-Aug-2025

Time Volume / Share Price
16:35 5,862 @ 568.00p
16:35 176,172 @ 568.00p
16:35 489 @ 568.00p
16:35 842 @ 568.00p
16:35 798 @ 568.00p

RS Group Key Personnel

CEO Simon Pryce

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