RS Group well-positioned for market recovery, says Numis
10th Apr 2024 12:16
(Sharecast News) - Numis has cut its estimates for industrial and electrical products maker RS Group but kept a 'buy' rating, saying that the company is well placed to benefit from gradually improving macro conditions.
Read moreLondon close: Stocks turn green after US GDP release
25th Jan 2024 15:13
(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the United States.
Read moreRS Group Q3 sales fall on weaker-than-expected markets
25th Jan 2024 07:41
(Sharecast News) - Industrial parts distributor RS Group reported a 10% fall in third-quarter like-for-like sales on weaker-than-expected markets and slower unwinding of customer surplus inventory particularly in electronics and associated products.
Read moreRS Group interim revenues decline
7th Nov 2023 11:44
(Sharecast News) - Industrial and electrical products distributor RS Group revealed on Tuesday that revenues had declined in the six months ended 30 September.
Read moreLondon close: Stocks mixed on global economic jitters
26th Sep 2023 16:47
(Sharecast News) - Stocks in London ended Tuesday on a varied note, reflecting global apprehensions around the Chinese economy and rising interest rates, while the shadow of a US credit warning from Moody's loomed large.
Read moreRS Group surges on Betaville report
26th Sep 2023 15:04
(Sharecast News) - RS Group surged on Tuesday after markets blog Betaville pointed to "a fresh round of takeover speculation" in one of its latest uncooked alerts.
Read moreDirector dealings: RS Group, Abrdn directors make purchases
21st Aug 2023 14:23
(Sharecast News) - RS Group was at the top of the list of director buys on Monday, after its chief executive officer picked up more than 14,000 shares.
Read moreDirector dealings: RS Group CEO invests, FRP Advisory CFO covers tax bill
28th Jul 2023 09:59
(Sharecast News) - RS Group was on the list of director buys on Friday, after its chief executive officer purchased almost £0.12m worth of shares.
Read moreRS Group announces softer revenue, new CFO
27th Jul 2023 07:37
(Sharecast News) - RS Group reported a softening in first quarter revenue in an update on Thursday when compared to initial expectations, while also announcing the appointment of its new chief financial officer.
Read moreDirector dealings: Playtech CEO picks up shares, RS Group non-exec invests
26th May 2023 13:29
(Sharecast News) - Playtech found itself on the list of director buys on Friday, after its chief executive officer spent almost £0.3m on shares.
Read moreDirector dealings: Mike Ashley settles 250k Frasers options, RS Group CEO invests
24th May 2023 12:57
(Sharecast News) - Frasers Group found itself on both sides of the ledger on Wednesday, after Mike Ashley settled a quarter-million share put option transaction.
Read moreRS Group warns of slowdown after year of solid growth
23rd May 2023 07:39
(Sharecast News) - Industrial products company RS Group reported a 17% rise in revenue in its final results on Tuesday, to reach £2.98bn, though it warned of a slowdown in trading in the first weeks of the new fiscal period.
Read moreRS Group CFO quits after relationship with colleague
3rd May 2023 07:52
(Sharecast News) - RS Group chief financial officer David Egan is leaving the business with immediate effect after admitting a relationship with a colleague that fell "short of the high standards expected" of the company.
Read moreRBC Capital Markets upgrades RS Group to 'outperform'
17th Apr 2023 07:49
(Sharecast News) - RBC Capital Markets upgraded RS Group on Monday to 'outperform' from 'sector perform' as it said the risk/reward was now more favourable.
Read moreRS Group sees FY operating profit slightly ahead of estimates
5th Apr 2023 07:02
(Sharecast News) - RS Group shares fell on Wednesday even as the distributor said it expected annual adjusted operating profit to be slightly ahead of estimates after a 1% rise in fourth-quarter like-for-like revenue despite weak electronics sales.
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