RS Group plc (RS1.L), an industrial product and service distributor, reported improved pre-tax profit, despite decreased revenue in the first half of 2025, mainly aided by narrower operation costs. However, adjusted pre-tax profit and earnings declined.
Meanwhile, looking ahead, the firm reported that the 2025/26 fiscal-year outlook remains unchanged.
The shares were trading 3.73% higher at 573.13 pence on the London Stock Exchange.
Profit before tax increased to 112 million pounds from 105 million pounds.
However, in the first half, the adjusted profit before tax declined to 112 million pounds from 118 million pounds in the prior year.
However, Profit for the period attributable to owners of the Company improved to 83 million pounds from 77.4 million pounds.
On a per share basis, earnings increased to 17.7 pence from 16.4 pence in the prior year.
However, adjusted basic per share earnings decreased to 17.6 pence from 18.5 pence.
Revenue declined 3% to 1.40 billion pounds from 1.44 billion pounds in the prior year.
In addition, the board proposes an interim dividend of 8.7 pence per share, 2% higher than 8.5 pence per share from the year ago, payable on January 2, 2026, to shareholders on the register on November 21.
The shares were trading 4.25% higher at 575.60 pence On the London Stock Exchange.
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.