RS Group flags solid start to new financial year

(Sharecast News) - RS Group said on Thursday that it has made a solid start to the new financial year, with positive market momentum continuing from the final quarter of 2026 and progress across all regions in line with expectations. The FTSE 250 industrial product and service solutions provider said execution of its multi-year improvement plan was supporting ongoing momentum, with the company remaining focused on delivering operational improvements.

Its update came ahead of the company's AGM, with current analyst consensus for FY27 revenue of £3.014bn, adjusted operating profit of £282m and adjusted profit before tax of £261m.

At 0950 BST, shares in RS Group were up 2.4% at 661.5p.

Reporting by Josh White for Sharecast.com.

See latest RNS on Investegate