RS Group plc issued a trading update for the three months ended 30 June 2024. The Group said its trading in the first quarter was in line with expectations. Group revenue grew 3% over the same period in the prior year and declined by 3% on a like-for-like basis. In EMEA, like-for-like revenue declined 3%. Like-for-like revenue in Americas declined by 3%. Like-for-like revenue was down 3% in Asia Pacific.
The Group stated that it is progressing well with cost savings programme, the integration of acquisitions, and investment in operational efficiencies and system enhancements.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.