News and Announcements

RS Group shares slump on weak FY forecasts as sales fall

By Frank Prenesti

Date: Tuesday 28 Jan 2025

(Sharecast News) - Shares in RS Group slumped on Tuesday as the Industrial and electrical products distributor said full-year profit would be at the bottom end of guidance after third-quarter revenues fell 3% due to declining output and falling business confidence among European customers.
Sales fell 1% on a like-for-like basis,...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page